Electrical Engineer Salary in Oswego, IL: $101,757 (2026)
Quick Answer:A full-time electrical engineer in Oswego, IL earns a median $101,757/year (≈ $48.92/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 17-2071). Once you factor in Oswego's price level (3% below national, BEA RPP 97.1), that paycheck buys what $104,796 would nationally. Nominal pay sits 3.7% below the Illinois state average.
Based on BLS state-level estimates · View source

In 2026, the estimated median electrical engineer salary in Oswego, Illinois reaches $101,757, which reflects a notable disparity when compared to the national median of $125,033. The salary range for this position in the area is quite broad, extending from $69,518 at the 10th percentile to as much as $152,027 at the 90th percentile, indicating a robust market for electrical engineers. These figures are derived from 2025 BLS data, adjusted to account for local economic conditions and the cost of living. Given the presence of both technological and utility sectors in Oswego, aspiring engineers may find opportunities that vary significantly based on their specialization and level of experience, particularly within fields requiring security clearances.
About the Oswego Market
Salary estimated from Illinois average ($115,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $69,518 | $33.43 |
| Lower Range (P25) | $81,229 | $39.06 |
| Median (P50)(typical) | $101,757 | $48.92 |
| Upper Range (P75) | $128,259 | $61.66 |
| Top Earners (P90) | $152,027 | $73.09 |
Median Salary Position
18.62% below the national average
2026 Salary Percentile Distribution in Oswego
In Oswego, IL, the electrical engineer salary spread from the 10th to 90th percentile is $82,509 (2026 est.). At $101,757, the local median is 18.62% below the national median of $125,033.
Salary Calculator
At 40 hours/week in Oswego: You'd be in the lower-middle range
How Oswego Electrical Engineer Pay Compares
Oswego median: $101,757/year (2026)
| Compared To | Median Salary | Oswego Pays |
|---|---|---|
| Illinois Average | $105,667 | -3.70% less |
| National Average | $125,033 | -18.62% less |
Electrical Engineers in Oswego, IL earn a median of $101,757 per year (2026 est.), which is 18.62% lower than the national median of $125,033 and 3.70% below the Illinois state average of $105,667.
Cost-of-Living Adjusted Salary
Oswego has a cost of living 2.90% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Oswego, IL has a cost-of-living index of 97.1 (below the national average of 100). A electrical engineer earning $101,757 nominally has purchasing power equivalent to $104,796 in an average-cost city — an effective 2.99% boost.
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2019 BLS Actual
$80,188
2025 BLS Actual
$98,174
2026 Current Est.
$101,757
2019–2027 Growth
+31.5%
Salary Trajectory for Electrical Engineers in Oswego (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.65% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $80,188 | Actual |
| 2020 | $82,060 | Actual |
| 2021 | $81,726 | Actual |
| 2022 | $84,086 | Actual |
| 2023 | $87,041 | Actual |
| 2024 | $107,540 | Actual |
| 2025 | $98,174 | Actual |
| 2026(current) | $101,757 | Estimated |
| 2027 | $105,471 | Projected |
Based on 7 years of BLS OEWS data for the Oswego metropolitan area, the median electrical engineer salary grew 22.4% from $80,188 (2019) to $98,174 (2025). At a 3.65% compound annual growth rate, salaries are projected to reach $105,471 by 2027 — a total increase of $25,283 (31.53%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Oswego 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) | $69,518 – $81,229 |
| 3-5 years (Mid Career) | $81,229 – $101,757 |
| 5+ years (Experienced) | $101,757 – $128,259 |
| 10+ years (Top Earner) | $128,259 – $152,027 |
EE salary ranges estimated from BLS percentile data. Individual electrical engineer compensation varies by employer, certifications, and specialization.
Electrical Engineer Job Market in Oswego
The local employment landscape for electrical engineers in Oswego features seven professionals currently working in the field, reflecting a niche market for this expertise. With a cost-of-living index of 97.1, the purchasing power for engineers in this region is slightly more favorable than the national average, enabling a decent standard of living. When it comes to pay, tech giants like Apple and Nvidia generally lead the compensation package rankings, especially in semiconductor and chip design roles. Defense contractors such as Lockheed Martin also offer competitive salaries, particularly due to the security clearance premium associated with many positions. To maximize pay potential in Oswego, engineers should consider pursuing advanced degrees (like a master’s or a Ph.D.) and obtaining relevant certifications, such as a Professional Engineer (PE) license or security clearances, both of which can lead to higher salaries in this evolving job market.
More salary data for Oswego, 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
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 $98,174 for electrical engineersin the Oswego 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
Salary data for Oswego 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