The annual salary statistics of electrical engineers in Sherman-Denison, Texas is shown in Table 1. The wage statistics of electrical engineers in Sherman-Denison 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 | $84,180 |
| 25th Percentile Wage | $85,410 |
| 50th Percentile Wage | $109,660 |
| 75th Percentile Wage | $122,390 |
| 90th Percentile Wage | $144,780 |
Table 1 shows the average annual salary for electrical engineers in Sherman-Denison, Texas in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $144,780. The median (50th percentile) annual salary is $109,660. The average annual salary for the bottom 10 percent earners is $84,180.
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 | $109,660 | 8.83% | 5.05% |
| 2021 | $99,980 | -4.14% | - |
| 2016 | $104,120 | -6.88% | - |
| 2014 | $111,280 | 6.43% | - |
| 2012 | $104,120 | - | - |
From Table 3 we note that the median annual salary of $109,660 in Sherman-Denison is in the middle of salary range for electrical engineers in state of Texas. In comparison, the annual salary of electrical engineers in Sherman-Denison is 15.0 percent (15.0%) lower than that in the highest paying Austin-Round Rock-San Marcos and 29.6 percent (29.6%) higher than that in the lowest paying Victoria.