As of November 01, 2025, the average salary for an Electronic Component Assembler IV in Loretto, MN is $57,400 per year, which breaks down to an hourly rate of $28.
However, an Electronic Component Assembler IV's salary can vary significantly. Here’s a look at the typical salary range:
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Electronic Component Assembler IV Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $64,690 | $5,391 | $1,244 | $31 |
| Average | $57,400 | $4,783 | $1,104 | $28 |
| 25th Percentile | $51,100 | $4,258 | $983 | $25 |
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An Electronic Component Assembler IV's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of an Electronic Component Assembler IV's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Entry Level Electronic Component Assembler IV | $54,681 |
| Intermediate Level Electronic Component Assembler IV | $55,132 |
| Senior Level Electronic Component Assembler IV | $55,852 |
| Specialist Level Electronic Component Assembler IV | $58,168 |
| Expert Level Electronic Component Assembler IV | $61,312 |
What Am I Worth?
Salaries can also vary between different cities, even within the same state. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different Minnesota cities:
Understanding how an Electronic Component Assembler IV's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $64,690 | $5,391 | $1,244 | $31 |
| Average | $57,400 | $4,783 | $1,104 | $28 |
| 25th Percentile | $51,100 | $4,258 | $983 | $25 |
Ready to take the next step in your career? Browse thousands of current Electronic Component Assembler IV job openings on our job board. Use the search bar below to find your perfect match.
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