The annual salary statistics of electrical engineers in Indianapolis-Carmel, Indiana is shown in Table 1. The wage statistics of electrical engineers in Indianapolis-Carmel 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 | $64,860 |
| 25th Percentile Wage | $79,420 |
| 50th Percentile Wage | $98,090 |
| 75th Percentile Wage | $108,780 |
| 90th Percentile Wage | $130,480 |
Table 1 shows the average annual salary for electrical engineers in Indianapolis-Carmel, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $130,480. The median (50th percentile) annual salary is $98,090. The average annual salary for the bottom 10 percent earners is $64,860.
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 | $98,090 | -2.24% | 12.26% |
| 2021 | $100,290 | 10.98% | - |
| 2020 | $89,280 | -1.92% | - |
| 2019 | $90,990 | 10.75% | - |
| 2018 | $81,210 | 5.04% | - |
| 2017 | $77,120 | 1.04% | - |
| 2016 | $76,320 | -7.11% | - |
| 2015 | $81,750 | -2.86% | - |
| 2014 | $84,090 | 2.09% | - |
| 2013 | $82,330 | -4.53% | - |
| 2012 | $86,060 | - | - |
From Table 3 we note that the median annual salary of $98,090 in Indianapolis-Carmel is in the middle of salary range for electrical engineers in state of Indiana. In comparison, the annual salary of electrical engineers in Indianapolis-Carmel is 5.0 percent (5.0%) lower than that in the highest paying Bloomington and 23.6 percent (23.6%) higher than that in the lowest paying Lafayette.
| Cities/Areas | Median Annual Salary |
|---|---|
| Bloomington | |
| Terre Haute | |
| Indianapolis-Carmel | |
| Fort Wayne | |
| Kokomo | |
| Elkhart-Goshen | |
| Michigan City-La Porte | |
| Southern Indiana nonmetropolitan area | |
| Gary | |
| Lafayette-West Lafayette | |
| Columbus | |
| Northern Indiana nonmetropolitan area | |
| Central Indiana nonmetropolitan area | |
| Lafayette |