Entry-Level Electrical Engineer Salary in Savage, MN: $82,623 (2026)
Quick Answer:New electrical engineers entering the Savage, MN job market in 2026 can expect a starting salary around $82,623 (BLS 10th-percentile benchmark for SOC 17-2071, projected from 2025 OEWS data). Stripping out Savage's local price level (BEA RPP 98.5 — 1% below national), a first-year paycheck buys what $83,881 would in average-cost America. Most reach the city median ($119,076) within a few years of clinical practice.
Based on BLS state-level estimates · View source

In 2026, new graduates entering the electrical engineering field in Savage, MN can anticipate a starting electrical engineer salary of approximately $82,623. This figure suggests that early-career professionals may find themselves significantly below the city median salary of $119,076, revealing a gap that could be bridged with experience. Over the first few years, entry-level engineers can realistically expect their salaries to rise through the P25 threshold of $95,623 as they gain expertise, potentially reaching the median by the time they have accumulated 3-5 years of experience. Considering the projected growth of 3.65% in the market, Savage currently presents a reasonable opportunity for new graduates eager to build a career in electrical engineering.
About the Savage Market
Salary estimated from Minnesota average ($115,000) adjusted for local cost of living.
Career Earnings Timeline in Savage
New Graduate
Early Career
Mid Career
Experienced
Salary progression estimated from BLS percentile data. Actual progression varies by employer, certifications, and specialization.
2026 Salary Percentile Distribution in Savage
Entry-level electrical engineers in Savage, MN typically start between $82,623 and $95,623 per year (2026 est.). The full salary range spans $96,184 from the 10th to 90th percentile, with the local median at $119,076 — 4.76% below the national median.
Return on Investment
The average electrical engineering program cost in Minnesota of $62,000 represents just 75.04% of the starting electrical engineer pay ($82,623/year) in Savage. Most graduates begin earning back their investment from day one, though actual ROI varies based on living expenses, loan interest, and the 2-year opportunity cost of schooling.
Program cost estimates cover ABET-accredited undergraduate electrical engineering programs at public and private universities. Many electrical engineers pursue master's degrees or specialization in power, controls, or electronics.
EE Salary Negotiation Tips for New Graduates in Savage
- 1Research the Savage market: entry-level electrical engineer pay ranges from $82,623 to $95,623, so aim for at least the 25th percentile if you have strong credentials.
- 2Highlight any additional certifications or specialty training within the electrical engineering field — employers in MN often pay a premium for expanded scope of work.
- 3Evaluate the full compensation package — in Savage, benefits like health insurance, continuing-education allowances, and schedule flexibility can add 20-30% to your effective compensation.
- 4Consider starting with a larger hospital system or multi-site employer in Savage for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Savage's moderate cost of living means your starting salary goes further here compared to many larger metro areas.
Electrical Engineer Compensation Range
The electrical engineer wage spread in Savage is $96,184 ( 116.41%) between entry-level and top earners. Starting at $82,623, experienced hygienists can earn up to $178,807.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$65,624
2025 BLS Actual
$79,713
2026 Current Est.
$82,623
2019–2027 Growth
+30.5%
Salary Trajectory for Electrical Engineers in Savage (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.65% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $65,624 | Actual |
| 2020 | $67,550 | Actual |
| 2021 | $64,937 | Actual |
| 2022 | $68,186 | Actual |
| 2023 | $72,184 | Actual |
| 2024 | $79,679 | Actual |
| 2025 | $79,713 | Actual |
| 2026(current) | $82,623 | Estimated |
| 2027 | $85,638 | Projected |
Entry-level electrical engineer compensation (10th percentile) in Savage, MN grew 21.5% over 7 years based on actual BLS metropolitan area surveys, rising from $65,624 in 2019 to $79,713 in 2025. By 2027, starting salaries are projected to reach $85,638. New graduates entering the Savage job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Savage 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.
Starting Your electrical engineering Career in Savage
Various companies in Savage are on the lookout for entry-level electrical engineers, though their hiring criteria can differ significantly. Major players in the semiconductor industry, such as Apple, Nvidia, AMD, and Intel, are particularly keen to onboard recent graduates from top-tier programs, offering structured ramp-up phases and potential stock options. In contrast, defense contractors like Lockheed and Northrop typically seek candidates with some level of security clearance, while local utilities focus on training newly minted engineers through power systems programs. To boost starting pay, pursuing an ABET-accredited degree and completing the FE exam, leading to EIT designation, can lay a strong foundation. Long-term career strategies might include targeting sectors like semiconductor design where salaries are higher, particularly in chip development roles. Entry-level salaries may not be as robust in utility positions, which often trade immediate cash compensation for stability and pension benefits. Aiming for certifications like the PE can further enhance salary growth expectations in this evolving market.
More salary data for Savage, MN:
Frequently Asked Questions
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Is electrical engineering school worth it in Savage?
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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
Entry-level 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 10th percentile (entry-level) is used as the starting salary benchmark for new electrical engineering graduates. A 3.65% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to project current 2026 entry-level compensation in Savage. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Savage 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