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Electrical Engineer Salary in Louisville, KY

How much does a electrical engineer make in Louisville? Explore median, entry-level, and senior salaries adjusted for Louisville's cost of living.

Median Salary
$99,370
per year in Louisville
Entry Level
$60,401
Starting salary
Senior Level
$136,391
Experienced professionals
Cost of Living
95
5% below national avg

Salary Breakdown by Experience Level

See how electrical engineer salaries break down across different pay periods in Louisville.

PeriodEntry LevelMedianSenior
Annual$60,401$99,370$136,391
Monthly$5,033$8,281$11,366
Biweekly$2,323$3,822$5,246
Weekly$1,162$1,911$2,623
Hourly$29$48$66

Louisville vs National Average

How Louisville's electrical engineer salaries compare to national figures.

Louisville Salary
$99,370
COL Index: 95
National Average
$115,820
COL Index: 100
Difference
-$16,450
Lower in Louisville

Cost of Living in Louisville

1-Bedroom Rent
$1,250
per month
Median Income
$53,456
per year
Population
633,045
residents
Rent % of Income
28.1%
median household
Cost of Living Index: 95 — A score of 100 represents the U.S. average. Salaries in Louisville have been adjusted to account for local cost differences.

About Electrical Engineer

Overview

Design and develop electrical equipment, systems, and components.

Education

Bachelor's degree in Electrical Engineering; PE license recommended

Key Skills

Circuit DesignElectrical SystemsAutoCADPower Systems

Growth Rate

Expected job growth: +19% over the next decade

Compare Cities: Electrical Engineer Salary

See Electrical Engineer salaries in other top cities.

New York, NY
$127,160
+28%
Los Angeles, CA
$134,900
+36%
Chicago, IL
$109,010
+10%
Houston, TX
$110,210
+11%
Phoenix, AZ
$109,820
+11%

Financial Tools to Explore

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Electrical Engineer Salary in Louisville, KY — Complete Guide

Median Salary Overview

The median salary for a electrical engineer in Louisville, KY is $99,370 per year, adjusted for the local cost of living index of 95. This figure reflects typical earnings for experienced professionals in this role, considering Louisville's unique economic conditions.

Salary Range and Experience Levels

Entry-level electrical engineer professionals in Louisville can expect to earn around $60,401 annually. As professionals gain experience, salaries typically increase, with senior-level electrical engineers earning approximately $136,391 per year. This represents a 126% increase from entry to senior level.

Cost of Living Adjustment

Louisville's cost of living index of 95 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Louisville are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $115,820, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a electrical engineer's salary in Louisville typically goes toward housing. With a 1-bedroom apartment averaging $1,250 per month, housing represents about 15.1% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Electrical Engineers are in growing demand across the United States, with an expected job growth of 19% over the next decade. In Louisville, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.