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Average Electricians Salary in Waco, TX

Electricians in Waco, TX, earn an average annual salary of $51,520. This figure is notably below the national average of $69,280, suggesting that local market dynamics and potentially lower demand contribute to this compensation difference. While the cost of living in Waco is on par with the national average, the salary differential warrants a closer look at the local employment landscape.

Executive Summary

  • Average Salary: $51,520 per year.
  • Growth Trend: Salaries have shifted 1.9% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $74,040.
  • Outlook: Waco, TX supports a local workforce of 710 electricians, representing 5.471 jobs per 1,000 workers. The Location Quotient of 1.14 indicates a slightly higher concentration of electricians in Waco compared to the national average, suggesting a stable, albeit not booming, demand for these skilled professionals within the region.
2024 Market Data

Salary Overview

$51,520

The average Electricians in Waco, TX earns-25.6%below the national average.

BreakdownBased on 40h/week
Hourly

$24.8

Weekly

$991

Monthly

$4,293

Electricians Salary Distribution in Waco, TX

The career trajectory for electricians in Waco, TX, involves significant salary growth with experience. Entry-level positions typically command lower salaries, while seasoned professionals with specialized skills and extensive experience can expect to earn considerably more. The percentile gaps between junior and senior roles underscore the substantial earning potential and career progression available within the trade.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$35,980$17.3
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$38,640$18.6
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$48,040$23.1
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$64,400$31
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$74,040$35.6

Detailed Electricians Market Analysis

Relocation Context

Nominal Salary

$51,520

Gross Pay

Real Wage (Purchasing Power)

$51,520

Adjusted for COL (100)

An average electrician salary of $51,520 in Waco, TX, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of an electrician's income in Waco is equivalent to the national average, offering a stable financial environment for residents without the added financial pressure of a high cost of living.

Job Market Context

710

Total Jobs

5.471

Per 1K Jobs

1.14

Location Quotient

Above Average

With a location quotient of 1.14, Waco, TX has a slightly higher-than-average concentration of Electricians roles compared to the national norm.

With a Location Quotient of 1.14, Waco, TX, exhibits a slightly higher concentration of electricians than the national average. This suggests a healthy, competitive market where demand is present and potentially growing, offering a good number of opportunities for both new entrants and experienced professionals seeking employment in the area.

Nearby Job Markets

Nearby Cities for Electricians

CitySalaryDist.
North Region of Texas nonmetropolitan area Electricians Salary$53,030↑ 3%41 mi
Northwestern Region of Texas nonmetropolitan area Electricians Salary$57,290↑ 11%41 mi
Hill Country Region of Texas nonmetropolitan area Electricians Salary$53,520↑ 4%41 mi
Coastal Plains Region of Texas nonmetropolitan area Electricians Salary$56,010↑ 9%41 mi
Eastern Region of Texas nonmetropolitan area Electricians Salary$52,540↑ 2%41 mi

Comparing salaries near Waco, TX

Hiring Electricianss?

Frequently Asked Questions

How much does a Electricians make in Waco, TX?

The median annual salary for a Electricians in Waco, TX is $51,520. This typically ranges from $35,980 for entry-level positions to $74,040 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Waco, TX is 25.6% lower than the national median of $69,280.

Is Waco, TX a lucrative place for Electricians?

No, not compared to the national average.While the cost of living is average, the electrician salary in Waco, TX ($51,520) is significantly lower than the national average ($69,280).

Is Waco, TX a good place to live for Electricians?

The Cost of Living Index in Waco, TX is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Waco, TX?

Some top paying nearby cities include North Region of Texas nonmetropolitan area ($53,030) and Northwestern Region of Texas nonmetropolitan area.

How does Waco's electrician salary compare to the national average?

Electricians in Waco, TX, earn an average of $51,520 annually, which is substantially less than the national average of $69,280.

What is the cost of living in Waco, TX for electricians?

The cost of living in Waco, TX, is at the national average (index of 100), meaning that the purchasing power of an electrician's salary is comparable to the national standard.

How many electricians are there in Waco, TX?

Waco, TX has a local workforce of approximately 710 electricians, with 5.471 jobs per 1,000 workers in the area.

Is the demand for electricians high in Waco, TX?

The Location Quotient of 1.14 indicates a slightly higher concentration of electricians in Waco than the national average, suggesting a stable and moderately competitive demand for the profession.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 710 employees in the Waco, TX area with a job density of 5.471 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Electricians • Data source: BLS OEWS 2024 •Jobs in Waco, TX