Electrical Engineer Hourly Pay in Streamwood, IL: $48.56 (2026)
Quick Answer:Hourly pay for a electrical engineer working in Streamwood, IL runs $48.56 at the median for 2026 — annualizing to $100,994 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 17-2071). Weighted against Streamwood's regional price level (BEA RPP 97.1, 3% below national), each hour of work buys what $50.01 nationally would. A 24-hour part-time schedule grosses $60,603 per year.
Based on BLS state-level estimates · View source
In Streamwood, Illinois, electrical engineers earn a median hourly pay of $48.56, which falls significantly below the national median of $60.11. This rate can serve as a solid foundation for part-time workers or per-diem electrical engineers who may be involved in diverse tasks ranging from hands-on work in tech company hardware labs to complex simulations in remote or hybrid environments. For those in entry-level positions, hourly wages start at around $32.78, while seasoned professionals at the top of the pay scale can earn up to $73.44 per hour. Given that these numbers are reflective of annual salary data projects for 2026, the financial landscape appears both challenging and opportunistic for electrical engineers seeking flexible work arrangements in Streamwood.
About the Streamwood 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) | $32.78 | $262.28 |
| Lower Range (P25) | $38.32 | $306.56 |
| Median (P50) | $48.56 | $388.48 |
| Upper Range (P75) | $61.89 | $495.12 |
| Top Earners (P90) | $73.44 | $587.49 |
Estimated Annual Income by Work Schedule in Streamwood
Based on $48.56/hr median hourly rate · 2026 est.
At $48.56/hr, a electrical engineer working full-time (40 hr/wk) in Streamwood, IL can expect to earn approximately $101,005 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $58,272. With a cost-of-living index of 97.10 (below the national average), these earnings stretch further in Streamwood.
Hourly Rate Calculator
Schedule Comparison in Streamwood
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,942.40 | $8,417 | $101,005 |
| Part-Time (24 hrs) | $1,165.44 | $5,050 | $60,603 |
| Per Diem (16 hrs) | $776.96 | $3,367 | $40,402 |
Compare EE Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Electrical Engineer (Streamwood) | $48.56 |
| 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 Streamwood, IL earn a median of $100,994 per year (2026 est.), which is 19.23% lower than the national median of $125,033 and 4.40% below the Illinois state average of $105,643.
Electrical Engineer Hourly Pay vs. Cost of Living
Working 24h/week at $48.56/hr = $60,603/year (purchasing power: $62,413).
Working 40h/week (full-time) = $101,005/year (purchasing power: $104,021).
CoL index: 97.1 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$38.27/hr
2025 BLS Actual
$46.85/hr
2026 Current Est.
$48.56/hr
2019–2027 Growth
+31.5%
Hourly Rate Trajectory for Electrical Engineers in Streamwood (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.65% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $38.27/hr | Actual |
| 2020 | $39.16/hr | Actual |
| 2021 | $39.00/hr | Actual |
| 2022 | $40.13/hr | Actual |
| 2023 | $41.54/hr | Actual |
| 2024 | $51.31/hr | Actual |
| 2025 | $46.85/hr | Actual |
| 2026(current) | $48.56/hr | Estimated |
| 2027 | $50.33/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for electrical engineers in Streamwood grew 22.4% from $38.27/hr (2019) to $46.85/hr (2025). At a 3.65% projected growth rate, hourly pay is expected to reach $50.33/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 Streamwood 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 Streamwood
For engineers considering part-time employment, working three days a week at 24 hours could yield an annual take-home significantly lower than a full-time colleague, affecting their financial stability. Per-diem electrical engineers, on the other hand, find a very different economic picture; they might bill between $90 and $170 per hour, with those holding security clearances earning even more, up to $280 hourly in defense roles. Employers in the area span various sectors, including semiconductor companies, defense contractors, and utilities, complicating the rate structures further. These different employer types influence compensation heavily; tech firms like Apple and Intel offer premiums for specialized skills such as chip design, while utility companies provide steadier but lower compensation in exchange for job security and benefits. In negotiating pay, electrical engineers should weigh the option of accepting slightly lower hourly rates for positions offering health benefits against potentially higher per-hour pay that comes without additional perks.
More salary data for Streamwood, 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 Streamwood. 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 Streamwood 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