Electrical Engineer Salary in Madison, MS
How much does a electrical engineer make in Madison? Explore median, entry-level, and senior salaries adjusted for Madison's cost of living.
Salary Breakdown by Experience Level
See how electrical engineer salaries break down across different pay periods in Madison.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $52,716 | $86,726 | $119,036 |
| Monthly | $4,393 | $7,227 | $9,920 |
| Biweekly | $2,028 | $3,336 | $4,578 |
| Weekly | $1,014 | $1,668 | $2,289 |
| Hourly | $25 | $42 | $57 |
Madison vs National Average
How Madison's electrical engineer salaries compare to national figures.
Cost of Living in Madison
About Electrical Engineer
Overview
Design and develop electrical equipment, systems, and components.
Education
Bachelor's degree in Electrical Engineering; PE license recommended
Key Skills
Growth Rate
Expected job growth: +19% over the next decade
Compare Cities: Electrical Engineer Salary
See Electrical Engineer salaries in other top cities.
Financial Tools to Explore
Use these Pulsafi calculators to understand your finances based on a electrical engineer salary in Madison.
Salary Breakdown Calculator
See exactly how your salary breaks down into taxes and take-home pay.
Cost of Living Calculator
Understand your expenses and purchasing power in Madison.
Budget Calculator
Create a personalized budget based on your income and expenses.
Rent vs Buy Calculator
Compare the true costs of renting versus buying in Madison.
Electrical Engineer Salary in Madison, MS — Complete Guide
Median Salary Overview
The median salary for a electrical engineer in Madison, MS is $86,726 per year, adjusted for the local cost of living index of 96. This figure reflects typical earnings for experienced professionals in this role, considering Madison's unique economic conditions.
Salary Range and Experience Levels
Entry-level electrical engineer professionals in Madison can expect to earn around $52,716 annually. As professionals gain experience, salaries typically increase, with senior-level electrical engineers earning approximately $119,036 per year. This represents a 126% increase from entry to senior level.
Cost of Living Adjustment
Madison's cost of living index of 96 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Madison 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 Madison typically goes toward housing. With a 1-bedroom apartment averaging $1,000 per month, housing represents about 13.8% 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 Madison, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.