The annual salary statistics of electrical engineers in Lafayette-West Lafayette, Indiana is shown in Table 1. The wage statistics of electrical engineers in Lafayette-West Lafayette 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 | $66,610 |
| 25th Percentile Wage | $74,050 |
| 50th Percentile Wage | $83,750 |
| 75th Percentile Wage | $101,010 |
| 90th Percentile Wage | $135,790 |
Table 1 shows the average annual salary for electrical engineers in Lafayette-West Lafayette, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $135,790. The median (50th percentile) annual salary is $83,750. The average annual salary for the bottom 10 percent earners is $66,610.
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 | $83,750 | -6.69% | 17.98% |
| 2021 | $89,350 | -6.14% | - |
| 2020 | $94,840 | 2.14% | - |
| 2019 | $92,810 | 14.87% | - |
| 2018 | $79,010 | 5.83% | - |
| 2017 | $74,400 | 7.67% | - |
| 2016 | $68,690 | 1.81% | - |
| 2015 | $67,450 | -1.84% | - |
| 2012 | $68,690 | - | - |
From Table 3 we note that the median annual salary of $83,750 in Lafayette-West Lafayette is in the middle of salary range for electrical engineers in state of Indiana. In comparison, the annual salary of electrical engineers in Lafayette-West Lafayette is 18.9 percent (18.9%) lower than that in the highest paying Bloomington and 10.5 percent (10.5%) 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 |