The annual salary statistics of electrical engineers in Fort Collins-Loveland, Colorado is shown in Table 1. The wage statistics of electrical engineers in Fort Collins-Loveland is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $73,570 |
| 25th Percentile Wage | $91,150 |
| 50th Percentile Wage | $112,000 |
| 75th Percentile Wage | $130,860 |
| 90th Percentile Wage | $157,660 |
Table 1 shows the average annual salary for electrical engineers in Fort Collins-Loveland, Colorado in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $157,660. The median (50th percentile) annual salary is $112,000. The average annual salary for the bottom 10 percent earners is $73,570.
The table and chart below show the trend of the median salary of electrical engineers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $112,000 | 8.58% | 18.99% |
| 2021 | $102,390 | -8.24% | - |
| 2020 | $110,830 | -0.61% | - |
| 2019 | $111,510 | 2.74% | - |
| 2018 | $108,450 | 9.22% | - |
| 2017 | $98,450 | -1.52% | - |
| 2016 | $99,950 | 2.02% | - |
| 2015 | $97,930 | -1.06% | - |
| 2014 | $98,970 | 8.47% | - |
| 2013 | $90,590 | -0.15% | - |
| 2012 | $90,730 | - | - |
From Table 3 we note that with a median annual salary of $112,000, Fort Collins-Loveland is the second highest paying city for electrical engineers in state of Colorado, following the highest paying city Boulder (median annual salary of $121,620). Compared with Boulder, the median annual salary of electrical engineers in Fort Collins-Loveland is 7.9 percent (7.9%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Boulder | |
| Fort Collins-Loveland | |
| West Colorado nonmetropolitan area | |
| Colorado Springs | |
| Greeley | |
| Northcentral Colorado nonmetropolitan area | |
| Denver-Aurora-Broomfield | |
| Grand Junction |