The annual salary statistics of electrical engineers in Hickory-Lenoir-Morganton, North Carolina is shown in Table 1. The wage data of electrical engineers in Hickory-Lenoir-Morganton 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 | $60,900 |
| 25th Percentile Wage | $78,560 |
| 50th Percentile Wage | $100,940 |
| 75th Percentile Wage | $118,400 |
| 90th Percentile Wage | $132,950 |
Table 1 shows the average annual salary for electrical engineers in Hickory-Lenoir-Morganton, North Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $132,950. The median (50th percentile) annual salary is $100,940. The average annual salary for the bottom 10 percent earners is $60,900.
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 | $100,940 | 3.50% | 22.14% |
| 2021 | $97,410 | 10.14% | - |
| 2020 | $87,530 | 0.65% | - |
| 2019 | $86,960 | -2.60% | - |
| 2018 | $89,220 | -1.08% | - |
| 2017 | $90,180 | 3.77% | - |
| 2016 | $86,780 | 10.87% | - |
| 2015 | $77,350 | -1.03% | - |
| 2014 | $78,150 | 5.27% | - |
| 2013 | $74,030 | -6.16% | - |
| 2012 | $78,590 | - | - |
From Table 3 we note that the median annual salary of $100,940 in Hickory-Lenoir-Morganton is in the middle of salary range for electrical engineers in state of North Carolina. In comparison, the annual salary of electrical engineers in Hickory-Lenoir-Morganton is 9.1 percent (9.1%) lower than that in the highest paying Durham-Chapel Hill and 23.1 percent (23.1%) higher than that in the lowest paying Western North Carolina nonmetropolitan area.