Electrician Salary in Lakewood, CO
How much does a electrician make in Lakewood? Explore median, entry-level, and senior salaries adjusted for Lakewood's cost of living.
Salary Breakdown by Experience Level
See how electrician salaries break down across different pay periods in Lakewood.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $32,432 | $63,010 | $88,028 |
| Monthly | $2,703 | $5,251 | $7,336 |
| Biweekly | $1,247 | $2,423 | $3,386 |
| Weekly | $624 | $1,212 | $1,693 |
| Hourly | $16 | $30 | $42 |
Lakewood vs National Average
How Lakewood's electrician salaries compare to national figures.
Cost of Living in Lakewood
About Electrician
Overview
Install, maintain, and repair electrical systems and equipment.
Education
High school diploma; apprenticeship and licensure required
Key Skills
Growth Rate
Expected job growth: +13% over the next decade
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Electrician Salary in Lakewood, CO — Complete Guide
Median Salary Overview
The median salary for a electrician in Lakewood, CO is $63,010 per year, adjusted for the local cost of living index of 118. This figure reflects typical earnings for experienced professionals in this role, considering Lakewood's unique economic conditions.
Salary Range and Experience Levels
Entry-level electrician professionals in Lakewood can expect to earn around $32,432 annually. As professionals gain experience, salaries typically increase, with senior-level electricians earning approximately $88,028 per year. This represents a 171% increase from entry to senior level.
Cost of Living Adjustment
Lakewood's cost of living index of 118 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Lakewood 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 Lakewood typically goes toward housing. With a 1-bedroom apartment averaging $1,500 per month, housing represents about 28.6% 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 Lakewood, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.