Electrical Engineer Salary in Cape Coral, FL: $115,290 (2026)
Quick Answer:A full-time electrical engineer in Cape Coral, FL earns a median $115,290/year (≈ $55.43/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 17-2071). Once you factor in Cape Coral's price level (2% above national, BEA RPP 102.3), that paycheck buys what $112,644 would nationally. Nominal pay sits 0.0% above the Florida state average.
Official BLS data · View source
In Cape Coral, Florida, electrical engineers can expect a median annual compensation of $115,290 in 2026, which is slightly below the national median of $125,033. The salary range for this profession in the area varies significantly, from $79,126 at the lower 10th percentile to an upper 90th percentile earning potential of $172,671. This data is derived from official Bureau of Labor Statistics (BLS) OEWS surveys and highlights the varied pay scales that electrical engineers can find based on their specialization. Those engaged in semiconductor or chip design roles typically command higher salaries compared to their counterparts in utility power systems or defense sectors in Cape Coral.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $79,126 | $38.04 |
| Lower Range (P25) | $90,186 | $43.36 |
| Median (P50)(typical) | $115,290 | $55.43 |
| Upper Range (P75) | $137,979 | $66.34 |
| Top Earners (P90) | $172,671 | $83.01 |
Median Salary Position
7.79% below the national average
2026 Salary Percentile Distribution in Cape Coral
In Cape Coral, FL, the electrical engineer salary spread from the 10th to 90th percentile is $93,545 (2026 est.). At $115,290, the local median is 7.79% below the national median of $125,033.
Salary Calculator
At 40 hours/week in Cape Coral: You'd be in the lower-middle range
How Cape Coral Electrical Engineer Pay Compares
Cape Coral median: $115,290/year (2026)
| Compared To | Median Salary | Cape Coral Pays |
|---|---|---|
| National Average | $125,033 | -7.79% less |
Electrical Engineers in Cape Coral, FL earn a median of $115,290 per year (2026 est.), which is 7.79% lower than the national median of $125,033.
Cost-of-Living Adjusted Salary
Cape Coral has a cost of living 2.35% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Cape Coral, FL has a cost-of-living index of 102.349 (above the national average of 100). While the nominal salary of $115,290 is competitive, the higher cost of living reduces purchasing power to an effective $112,644 — a 2.3% reduction.
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2019 BLS Actual
$118,020
2025 BLS Actual
$111,230
2026 Current Est.
$115,290
2019–2027 Growth
+1.3%
Salary Trajectory for Electrical Engineers in Cape Coral (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.65% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $118,020 | Actual |
| 2020 | $122,830 | Actual |
| 2021 | $79,830 | Actual |
| 2022 | $98,050 | Actual |
| 2023 | $86,860 | Actual |
| 2024 | $97,430 | Actual |
| 2025 | $111,230 | Actual |
| 2026(current) | $115,290 | Estimated |
| 2027 | $119,498 | Projected |
Based on 7 years of BLS OEWS data for the Cape Coral metropolitan area, the median electrical engineer salary grew -5.8% from $118,020 (2019) to $111,230 (2025). At a 3.65% compound annual growth rate, salaries are projected to reach $119,498 by 2027 — a total increase of $1,478 (1.25%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Cape Coral 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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $79,126 – $90,186 |
| 3-5 years (Mid Career) | $90,186 – $115,290 |
| 5+ years (Experienced) | $115,290 – $137,979 |
| 10+ years (Top Earner) | $137,979 – $172,671 |
EE salary ranges estimated from BLS percentile data. Individual electrical engineer compensation varies by employer, certifications, and specialization.
Electrical Engineer Job Market in Cape Coral
With approximately 130 electrical engineers employed locally, Cape Coral offers a competitive job market, although the cost of living stands at a slightly above-average index of 102.349. This means that while salaries may appear attractive, the higher living costs can impact purchasing power. Among the key employers in the region, defense contractors like Lockheed Martin and tech giants such as Apple are known to offer some of the highest compensation packages. Understanding the factors influencing pay ranges is critical; for instance, engineers with advanced degrees such as a Ph.D. or those with security clearances can expect to earn more. Strategies for maximizing compensation in this market include pursuing roles in the semiconductor industry or seeking positions that involve management responsibilities, balancing the pay scales associated with technical contributions versus leadership roles.
More salary data for Cape Coral, FL:
Frequently Asked Questions
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Can electrical engineers make $100K in Cape Coral?
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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
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $111,230 for electrical engineersin the Cape Coral metropolitan area. A 3.65% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Source: BLS, OEWS, 7-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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