It’s no secret that engineers in general make great money. However, there are a few limitations regarding how much money electrical engineers make as compared to other fields of engineering (or other professions for that matter). Plus, there is also the question of where you live. In this article, we’ll show you what the average salary is for electrical engineers and a breakdown of which states have the highest salaries.
The average salary for an electrical engineer is $79,000 per year. This job requires a bachelor’s degree in electrical engineering and at least five years of work experience.
What is the average salary for a electrical engineer
Introduction
Electrical engineers design, develop, test and supervise the manufacture of electrical equipments such as electric motors, radar and navigation systems, communications systems and power generation equipment. They also work in telecommunications to create telephone lines or cell-phone towers. And they can run their own businesses to consult on projects or contracts.
Electrical Engineer Salary
The average salary for an electrical engineer is $77,000. The median salary is even higher at $78,000. The starting salary is around $60,000.
What Is an Electrical Engineer?
An electrical engineer is a highly skilled professional who designs, develops, and tests electrical equipment. Electrical engineers work in almost every industry, from automotive to aerospace to telecommunications.
Electrical engineering is the discipline that applies the principles of electricity and electromagnetism to the design of power generation, communications and control systems. It also applies these principles to invent new products such as computers, semiconductors and medical imaging devices.
Key Information
- Average salary: $93,000
- Average salary by years of experience:
0-5 years – $71,000
6-10 years – $81,000
11-15 years – $90,000
Industry
Electrical engineers are in demand in many industries. The U.S. Bureau of Labor Statistics (BLS) predicts a growth rate of 5% for electrical, electronics, and electromechanical engineers through 2024—above the average for all occupations. Some examples of job titles that include “electrical engineer” are:
- Electrical power generation and distribution systems
- Electrical equipment manufacturing
- Communications networks
Years of Experience
Your experience level will also have a significant impact on your salary. As you gain more experience, your salary can increase dramatically. The average annual salary for an electrical engineer with 10 years of experience is $93,253, while one with 15 years of experience earns $98,878 annually.
However, it’s important to note that the amount of money you make depends on several factors—including the industry in which you work and the region in which you live—and not just how long you’ve been in the field.
Job Outlook
The job outlook for electrical engineers is very positive. The field of electrical engineering is expected to grow 14 percent through 2026, according to the Bureau of Labor Statistics. This growth rate is considered much faster than average for most occupations, and it reflects the high demand for qualified professionals in this field.
Electrical engineers who combine their knowledge with other areas such as computer science, software development or telecommunications are projected to experience even greater job opportunities over the next decade.
The average salary for electrical engineers was $84,230 in 2017, according to the BLS .
An electrical engineer can make a good salary, on average.
The average salary for an electrical engineer is $85,000 per year.
- The average salary for an electrical engineer in California is $86,000 per year.
- The average salary for an electrical engineer in Texas is $82,000 per year.
- The average salary for an electrical engineer in Florida is $90,000 per year.
Conclusion
If you are interested in becoming an electrical engineer, you should expect to earn a median salary of $98,530 per year. There is expected to be good job growth for this occupation over the next ten years.
