Electrical Engineer Salary in Minnetonka, MN: $121,687 (2026)
Quick Answer:A full-time electrical engineer in Minnetonka, MN earns a median $121,687/year (≈ $58.50/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 17-2071). Once you factor in Minnetonka's price level (1% below national, BEA RPP 98.5), that paycheck buys what $123,540 would nationally. Nominal pay sits 1.2% below the Minnesota state average.
Based on BLS state-level estimates · View source
In 2026, electrical engineers in Minnetonka, Minnesota, are projected to earn a median annual salary of $121,687. This figure positions the local market slightly below the national median of $125,033, reflecting a 2.68% pay difference. The salary range for electrical engineers in the area can vary significantly, from $72,416 at the 10th percentile to $188,615 at the 90th percentile. These projections, derived from state-level data and regional price parity adjustments, indicate a competitive environment for engineers with the right qualifications, particularly in roles requiring security clearance. Given the presence of major employers in nearby sectors, opportunities in Minnetonka appear promising for qualified candidates.
About the Minnetonka Market
Salary estimated from Minnesota average ($115,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $72,416 | $34.82 |
| Lower Range (P25) | $96,430 | $46.36 |
| Median (P50)(typical) | $121,687 | $58.50 |
| Upper Range (P75) | $155,760 | $74.89 |
| Top Earners (P90) | $188,615 | $90.68 |
Median Salary Position
2.68% below the national average
2026 Salary Percentile Distribution in Minnetonka
In Minnetonka, MN, the electrical engineer salary spread from the 10th to 90th percentile is $116,199 (2026 est.). At $121,687, the local median is 2.68% below the national median of $125,033.
Salary Calculator
At 40 hours/week in Minnetonka: You'd be in the lower-middle range
How Minnetonka Electrical Engineer Pay Compares
Minnetonka median: $121,687/year (2026)
| Compared To | Median Salary | Minnetonka Pays |
|---|---|---|
| Minnesota Average | $123,165 | -1.20% less |
| National Average | $125,033 | -2.68% less |
Electrical Engineers in Minnetonka, MN earn a median of $121,687 per year (2026 est.), which is 2.68% lower than the national median of $125,033 and 1.20% below the Minnesota state average of $123,165.
Cost-of-Living Adjusted Salary
Minnetonka has a cost of living 1.50% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Minnetonka, MN has a cost-of-living index of 98.5 (below the national average of 100). A electrical engineer earning $121,687 nominally has purchasing power equivalent to $123,540 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$95,893
2025 BLS Actual
$117,402
2026 Current Est.
$121,687
2019–2027 Growth
+31.5%
Salary Trajectory for Electrical Engineers in Minnetonka (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.65% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $95,893 | Actual |
| 2020 | $98,132 | Actual |
| 2021 | $97,733 | Actual |
| 2022 | $100,555 | Actual |
| 2023 | $104,088 | Actual |
| 2024 | $111,922 | Actual |
| 2025 | $117,402 | Actual |
| 2026(current) | $121,687 | Estimated |
| 2027 | $126,129 | Projected |
Based on 7 years of BLS OEWS data for the Minnetonka metropolitan area, the median electrical engineer salary grew 22.4% from $95,893 (2019) to $117,402 (2025). At a 3.65% compound annual growth rate, salaries are projected to reach $126,129 by 2027 — a total increase of $30,236 (31.53%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Minnetonka 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) | $72,416 – $96,430 |
| 3-5 years (Mid Career) | $96,430 – $121,687 |
| 5+ years (Experienced) | $121,687 – $155,760 |
| 10+ years (Top Earner) | $155,760 – $188,615 |
EE salary ranges estimated from BLS percentile data. Individual electrical engineer compensation varies by employer, certifications, and specialization.
Electrical Engineer Job Market in Minnetonka
Currently, only 12 electrical engineers are employed in Minnetonka, indicating a relatively small but potentially stable job market. The local cost of living index stands at 98.5, suggesting that living expenses are slightly below the national average, which can enhance purchasing power for residents. Among local employers, the semiconductor and technology sectors, especially firms like Apple, Nvidia, and Intel, typically offer the highest pay for electrical engineering roles due to the advanced skill set required. In contrast, roles in defense, which may demand security clearances, can also command competitive salaries but hinge on specific qualifications. To maximize earnings, professionals in Minnetonka should consider enhancing their credentials, pursuing opportunities in tech and semiconductor industries, and leveraging any security clearances they may attain, as these factors significantly influence compensation within the field.
More salary data for Minnetonka, MN:
Frequently Asked Questions
How much do electrical engineers make in Minnetonka, MN in 2026?
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Can electrical engineers make $100K in Minnetonka?
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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 $117,402 for electrical engineersin the Minnetonka 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 Minnetonka 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