Electrical Engineer Salary in Malden, MA: $123,862 (2026)
Quick Answer:A full-time electrical engineer in Malden, MA earns a median $123,862/year (≈ $59.55/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 17-2071). Once you factor in Malden's price level (9% above national, BEA RPP 108.5), that paycheck buys what $114,159 would nationally. Nominal pay sits 0.3% above the Massachusetts state average.
Based on BLS state-level estimates · View source
In 2026, the projected median annual salary for electrical engineers in Malden, Massachusetts, is $123,862, reflecting a close alignment with the national figure of $125,033. The range of salaries spans from $76,738 at the 10th percentile to $187,979 at the 90th percentile, suggesting significant diversity in compensation within this field. These figures, derived from BLS state-level data and adjusted for regional living costs, demonstrate the competitive landscape for engineers focused on semiconductor and chip design, often commanding the highest salaries. In contrast, those involved in utility power systems may find their earnings lower, although such roles offer other benefits, including long-term stability.
About the Malden Market
Salary estimated from Massachusetts average ($132,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $76,738 | $36.89 |
| Lower Range (P25) | $92,993 | $44.70 |
| Median (P50)(typical) | $123,862 | $59.55 |
| Upper Range (P75) | $156,839 | $75.41 |
| Top Earners (P90) | $187,979 | $90.37 |
Median Salary Position
0.94% below the national average
2026 Salary Percentile Distribution in Malden
In Malden, MA, the electrical engineer salary spread from the 10th to 90th percentile is $111,241 (2026 est.). At $123,862, the local median is 0.94% below the national median of $125,033.
Salary Calculator
At 40 hours/week in Malden: You'd be in the lower-middle range
How Malden Electrical Engineer Pay Compares
Malden median: $123,862/year (2026)
| Compared To | Median Salary | Malden Pays |
|---|---|---|
| Massachusetts Average | $123,491 | +0.30% more |
| National Average | $125,033 | -0.94% less |
Electrical Engineers in Malden, MA earn a median of $123,862 per year (2026 est.), which is 0.94% lower than the national median of $125,033 and 0.30% above the Massachusetts state average of $123,491.
Cost-of-Living Adjusted Salary
Malden has a cost of living 8.50% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Malden, MA has a cost-of-living index of 108.5 (above the national average of 100). While the nominal salary of $123,862 is competitive, the higher cost of living reduces purchasing power to an effective $114,159 — a 7.83% reduction.
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2019 BLS Actual
$97,607
2025 BLS Actual
$119,500
2026 Current Est.
$123,862
2019–2027 Growth
+31.5%
Salary Trajectory for Electrical Engineers in Malden (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.65% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $97,607 | Actual |
| 2020 | $99,885 | Actual |
| 2021 | $99,479 | Actual |
| 2022 | $102,352 | Actual |
| 2023 | $105,948 | Actual |
| 2024 | $143,676 | Actual |
| 2025 | $119,500 | Actual |
| 2026(current) | $123,862 | Estimated |
| 2027 | $128,383 | Projected |
Based on 7 years of BLS OEWS data for the Malden metropolitan area, the median electrical engineer salary grew 22.4% from $97,607 (2019) to $119,500 (2025). At a 3.65% compound annual growth rate, salaries are projected to reach $128,383 by 2027 — a total increase of $30,776 (31.53%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Malden 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) | $76,738 – $92,993 |
| 3-5 years (Mid Career) | $92,993 – $123,862 |
| 5+ years (Experienced) | $123,862 – $156,839 |
| 10+ years (Top Earner) | $156,839 – $187,979 |
EE salary ranges estimated from BLS percentile data. Individual electrical engineer compensation varies by employer, certifications, and specialization.
Electrical Engineer Job Market in Malden
Looking deeper into Malden's job market reveals that only 15 electrical engineers are currently employed in the area, indicating a niche but specialized workforce. The cost of living index at 108.5, above the national average, implies that compensation must stretch further here, impacting real purchasing power for engineers. Major local employers, particularly in the semiconductor industry—like Intel and AMD—tend to offer higher salaries compared to defense contractors such as Raytheon and Lockheed Martin, which also provide security clearance premiums. Additionally, the disparity in pay is influenced by educational background and job specialization, with advanced degrees and professional licensure being valued in both technical and managerial tracks. To maximize earning potential in Malden, it’s advisable for electrical engineers to consider advanced qualifications and roles in high-demand sectors, while staying flexible with career paths that could lead to increased financial rewards.
More salary data for Malden, MA:
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 $119,500 for electrical engineersin the Malden 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 Malden 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