The annual salary statistics of electrical engineers in Cape Coral-Fort Myers, Florida is shown in Table 1. The wage information of electrical engineers in Cape Coral-Fort Myers 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 | $60,430 |
| 25th Percentile Wage | $77,350 |
| 50th Percentile Wage | $98,050 |
| 75th Percentile Wage | $125,070 |
| 90th Percentile Wage | $157,870 |
Table 1 shows the average annual salary for electrical engineers in Cape Coral-Fort Myers, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $157,870. The median (50th percentile) annual salary is $98,050. The average annual salary for the bottom 10 percent earners is $60,430.
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 | $98,050 | 18.58% | 39.77% |
| 2021 | $79,830 | -53.86% | - |
| 2020 | $122,830 | 3.92% | - |
| 2019 | $118,020 | 12.39% | - |
| 2018 | $103,400 | 37.91% | - |
| 2016 | $64,200 | -18.72% | - |
| 2015 | $76,220 | 18.26% | - |
| 2014 | $62,300 | 3.68% | - |
| 2013 | $60,010 | 1.58% | - |
| 2012 | $59,060 | - | - |
From Table 3 we note that the median annual salary of $98,050 in Cape Coral-Fort Myers is in the middle of salary range for electrical engineers in state of Florida. In comparison, the annual salary of electrical engineers in Cape Coral-Fort Myers is 6.5 percent (6.5%) lower than that in the highest paying Homosassa Springs and 25.5 percent (25.5%) higher than that in the lowest paying Fort Lauderdale-Pompano Beach-Deerfield Beach.