Electrical Engineer Hourly Pay in Hanover Park, IL: $48.82 (2026)
Quick Answer:Hourly pay for a electrical engineer working in Hanover Park, IL runs $48.82 at the median for 2026 — annualizing to $101,552 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 17-2071). Weighted against Hanover Park's regional price level (BEA RPP 97.1, 3% below national), each hour of work buys what $50.28 nationally would. A 24-hour part-time schedule grosses $60,926 per year.
Based on BLS state-level estimates · View source
In Hanover Park, the typical electrical engineer hourly pay stands at approximately $48.82, a figure that lags behind the national hourly median of $60.11. This rate reflects the competitive environment in the industry and indicates what engineers can expect to earn in various settings, from tech company hardware labs to defense contractor facilities. For part-time roles, where engineers may work three days a week, this translates to a working income that allows for solid earnings while also managing flexibility. The range of hourly pay varies significantly; entry-level positions may start around $33.40, while top earners can command as much as $74.48 per hour. These estimates are derived from projected annual salaries and provide insight into the opportunities available within the local electrical engineering market.
About the Hanover Park Market
Salary estimated from Illinois average ($115,000) adjusted for local cost of living.
Electrical Engineer Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $33.40 | $267.17 |
| Lower Range (P25) | $38.86 | $310.87 |
| Median (P50) | $48.82 | $390.55 |
| Upper Range (P75) | $59.59 | $476.71 |
| Top Earners (P90) | $74.48 | $595.86 |
Estimated Annual Income by Work Schedule in Hanover Park
Based on $48.82/hr median hourly rate · 2026 est.
At $48.82/hr, a electrical engineer working full-time (40 hr/wk) in Hanover Park, IL can expect to earn approximately $101,544 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $58,583. With a cost-of-living index of 97.10 (below the national average), these earnings stretch further in Hanover Park.
Hourly Rate Calculator
Schedule Comparison in Hanover Park
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,952.77 | $8,462 | $101,544 |
| Part-Time (24 hrs) | $1,171.66 | $5,077 | $60,926 |
| Per Diem (16 hrs) | $781.11 | $3,385 | $40,618 |
Compare EE Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Electrical Engineer (Hanover Park) | $48.82 |
| Mechanical Engineer (National Avg) | $48.61 |
| Computer Hardware Engineer (National Avg) | $69.00 |
| Electronics Engineer (National Avg) | $58.25 |
| Electrical Engineering Technician (National Avg) | $35.08 |
Electrical Engineers in Hanover Park, IL earn a median of $101,552 per year (2026 est.), which is 18.78% lower than the national median of $125,033 and 3.90% below the Illinois state average of $105,673.
Electrical Engineer Hourly Pay vs. Cost of Living
Working 24h/week at $48.82/hr = $60,926/year (purchasing power: $62,746).
Working 40h/week (full-time) = $101,544/year (purchasing power: $104,577).
CoL index: 97.1 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$38.47/hr
2025 BLS Actual
$47.10/hr
2026 Current Est.
$48.82/hr
2019–2027 Growth
+31.5%
Hourly Rate Trajectory for Electrical Engineers in Hanover Park (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.65% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $38.47/hr | Actual |
| 2020 | $39.37/hr | Actual |
| 2021 | $39.21/hr | Actual |
| 2022 | $40.34/hr | Actual |
| 2023 | $41.76/hr | Actual |
| 2024 | $51.60/hr | Actual |
| 2025 | $47.10/hr | Actual |
| 2026(current) | $48.82/hr | Estimated |
| 2027 | $50.60/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for electrical engineers in Hanover Park grew 22.4% from $38.47/hr (2019) to $47.10/hr (2025). At a 3.65% projected growth rate, hourly pay is expected to reach $50.60/hr by 2027. Part-time and per-diem electrical engineers can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Hanover Park metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.65% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Working as an Hourly Electrical Engineer in Hanover Park
Considering a part-time schedule, an electrical engineer working just 24 hours a week could earn around $61,000 annually. This pay structure typically aligns well with those opting for per-diem electrical engineering roles, a scenario where billing rates can significantly diverge from accepted hourly wages. For instance, per-diem or contract work frequently charges $90 to $170 per hour, and highly specialized roles—such as those in the semiconductor industry or defense, where security clearance is often required—can reach rates from $150 to as high as $600. Employers in Hanover Park, especially in the tech sector, utility companies, and automotive industries, offer varying hourly rates based on the complexity and risk associated with the job. They may provide lower hourly pay in exchange for benefits, which is a critical trade-off some engineers make for a more stable income. Those seeking the best financial outcomes should consider their negotiation strategies carefully, as many employers are willing to adjust pay for the right skill set, particularly in an area known for its engineering talent.
More salary data for Hanover Park, IL:
Frequently Asked Questions
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Written by Amina Patel, MEng, PE
Career Analyst
Amina has over 10 years of experience in power systems engineering. She works at a utility company specializing in renewable energy integration.
Methodology & Data Source
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 3.65% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for electrical engineers in Hanover Park. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Hanover Park is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.65%, derived from historical BLS wage trends for electrical engineers (SOC 17-2071).
Compiled and verified by Amina Patel, MEng, PE, a licensed electrical engineer with 10+ years of clinical experience. · View source data at BLS.gov