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Electrician Salary in Fishers, IN

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

Median Salary
$64,120
per year in Fishers
Entry Level
$33,003
Starting salary
Senior Level
$89,579
Experienced professionals
Cost of Living
102
2% above national avg

Salary Breakdown by Experience Level

See how electrician salaries break down across different pay periods in Fishers.

PeriodEntry LevelMedianSenior
Annual$33,003$64,120$89,579
Monthly$2,750$5,343$7,465
Biweekly$1,269$2,466$3,445
Weekly$635$1,233$1,723
Hourly$16$31$43

Fishers vs National Average

How Fishers's electrician salaries compare to national figures.

Fishers Salary
$64,120
COL Index: 102
National Average
$77,100
COL Index: 100
Difference
-$12,980
Lower in Fishers

Cost of Living in Fishers

1-Bedroom Rent
$1,250
per month
Median Income
$98,420
per year
Population
98,977
residents
Rent % of Income
15.2%
median household
Cost of Living Index: 102 — A score of 100 represents the U.S. average. Salaries in Fishers have been adjusted to account for local cost differences.

About Electrician

Overview

Install, maintain, and repair electrical systems and equipment.

Education

High school diploma; apprenticeship and licensure required

Key Skills

Electrical SystemsWiringSafety CodesProblem Solving

Growth Rate

Expected job growth: +13% over the next decade

Compare Cities: Electrician Salary

See Electrician salaries in other top cities.

New York, NY
$76,450
+19%
Los Angeles, CA
$76,120
+19%
Chicago, IL
$99,540
+55%
Houston, TX
$59,180
-8%
Phoenix, AZ
$59,940
-7%

Financial Tools to Explore

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Electrician Salary in Fishers, IN — Complete Guide

Median Salary Overview

The median salary for a electrician in Fishers, IN is $64,120 per year, adjusted for the local cost of living index of 102. This figure reflects typical earnings for experienced professionals in this role, considering Fishers's unique economic conditions.

Salary Range and Experience Levels

Entry-level electrician professionals in Fishers can expect to earn around $33,003 annually. As professionals gain experience, salaries typically increase, with senior-level electricians earning approximately $89,579 per year. This represents a 171% increase from entry to senior level.

Cost of Living Adjustment

Fishers's cost of living index of 102 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Fishers are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $77,100, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a electrician's salary in Fishers typically goes toward housing. With a 1-bedroom apartment averaging $1,250 per month, housing represents about 23.4% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Electricians are in growing demand across the United States, with an expected job growth of 13% over the next decade. In Fishers, 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.