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Electrician Salary in Lakewood, CO

How much does a electrician make in Lakewood? Explore median, entry-level, and senior salaries adjusted for Lakewood's cost of living.

Median Salary
$63,010
per year in Lakewood
Entry Level
$32,432
Starting salary
Senior Level
$88,028
Experienced professionals
Cost of Living
118
18% above national avg

Salary Breakdown by Experience Level

See how electrician salaries break down across different pay periods in Lakewood.

PeriodEntry LevelMedianSenior
Annual$32,432$63,010$88,028
Monthly$2,703$5,251$7,336
Biweekly$1,247$2,423$3,386
Weekly$624$1,212$1,693
Hourly$16$30$42

Lakewood vs National Average

How Lakewood's electrician salaries compare to national figures.

Lakewood Salary
$63,010
COL Index: 118
National Average
$77,100
COL Index: 100
Difference
-$14,090
Lower in Lakewood

Cost of Living in Lakewood

1-Bedroom Rent
$1,500
per month
Median Income
$62,340
per year
Population
156,605
residents
Rent % of Income
28.9%
median household
Cost of Living Index: 118 — A score of 100 represents the U.S. average. Salaries in Lakewood have been adjusted to account for local cost differences.

About Electrician

Overview

Install, maintain, and repair electrical systems and equipment.

Education

High school diploma; apprenticeship and licensure required

Key Skills

Electrical SystemsWiringSafety CodesProblem Solving

Growth Rate

Expected job growth: +13% over the next decade

Compare Cities: Electrician Salary

See Electrician salaries in other top cities.

New York, NY
$76,450
+21%
Los Angeles, CA
$76,120
+21%
Chicago, IL
$99,540
+58%
Houston, TX
$59,180
-6%
Phoenix, AZ
$59,940
-5%

Explore Related Data for Lakewood & CO

Dig deeper into the numbers behind a electrician salary in Lakewood — cost of living, take-home pay, affordability, taxes, and retirement projections all in one place.

Cost of living in Lakewood

Full breakdown of expenses, rent, and local purchasing power.

Take-home pay on $65,000 in CO

Federal tax, state tax, Social Security, and Medicare breakdown.

What you can afford on $65,000 in CO

Home price, rent, and monthly spending guidelines for this income.

Tax brackets on $65,000 in CO

See exactly which brackets your income falls into.

Electrician salary across all of CO

State-level salary data beyond just Lakewood.

$250,000 mortgage in CO

Monthly payment, property tax, and total interest for a typical home at this income.

Retirement at 30 earning $60,000

Projections, savings benchmarks, and how to stay on track.

Financial Tools to Explore

Use these Pulsafi calculators to understand your finances based on a electrician salary in Lakewood.

Salary Breakdown Calculator

See exactly how your salary breaks down into taxes and take-home pay.

Cost of Living Calculator

Understand your expenses and purchasing power in Lakewood.

Budget Calculator

Create a personalized budget based on your income and expenses.

Rent vs Buy Calculator

Compare the true costs of renting versus buying in Lakewood.

Electrician Salary in Lakewood, CO — Complete Guide

Median Salary Overview

The median salary for a electrician in Lakewood, CO is $63,010 per year, adjusted for the local cost of living index of 118. This figure reflects typical earnings for experienced professionals in this role, considering Lakewood's unique economic conditions.

Salary Range and Experience Levels

Entry-level electrician professionals in Lakewood can expect to earn around $32,432 annually. As professionals gain experience, salaries typically increase, with senior-level electricians earning approximately $88,028 per year. This represents a 171% increase from entry to senior level.

Cost of Living Adjustment

Lakewood's cost of living index of 118 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Lakewood are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $77,100, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a electrician's salary in Lakewood typically goes toward housing. With a 1-bedroom apartment averaging $1,500 per month, housing represents about 28.6% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Electricians are in growing demand across the United States, with an expected job growth of 13% over the next decade. In Lakewood, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.