The annual salary statistics of electrical engineers in Waterloo-Cedar Falls, Iowa is shown in Table 1. The wage statistics of electrical engineers in Waterloo-Cedar Falls 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 | $81,140 |
| 25th Percentile Wage | $81,140 |
| 50th Percentile Wage | $93,460 |
| 75th Percentile Wage | $106,970 |
| 90th Percentile Wage | $132,500 |
Table 1 shows the average annual salary for electrical engineers in Waterloo-Cedar Falls, Iowa in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $132,500. The median (50th percentile) annual salary is $93,460. The average annual salary for the bottom 10 percent earners is $81,140.
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 | $93,460 | 16.91% | 28.17% |
| 2021 | $77,660 | -10.33% | - |
| 2020 | $85,680 | -1.19% | - |
| 2019 | $86,700 | -11.85% | - |
| 2018 | $96,970 | 2.18% | - |
| 2017 | $94,860 | 6.03% | - |
| 2016 | $89,140 | 13.28% | - |
| 2015 | $77,300 | 9.83% | - |
| 2014 | $69,700 | 3.69% | - |
| 2012 | $67,130 | - | - |
From Table 3 we note that the median annual salary of $93,460 in Waterloo-Cedar Falls is in the middle of salary range for electrical engineers in state of Iowa. In comparison, the annual salary of electrical engineers in Waterloo-Cedar Falls is 8.9 percent (8.9%) lower than that in the highest paying Des Moines-West Des Moines and 15.9 percent (15.9%) higher than that in the lowest paying Ames.
| Cities/Areas | Median Annual Salary |
|---|---|
| Des Moines-West Des Moines | |
| Cedar Rapids | |
| Davenport-Moline-Rock Island | |
| Northeast Iowa nonmetropolitan area | |
| Iowa City | |
| Southeast Iowa nonmetropolitan area | |
| Southwest Iowa nonmetropolitan area | |
| Northwest Iowa nonmetropolitan area | |
| Waterloo-Cedar Falls | |
| Dubuque | |
| Ames |