As of April 01, 2025, the average annual salary for an Electrical Engineer III in Lakeville, MN is $124,978. Salary.com reports that pay typically ranges from $115,072 to $135,328, with most professionals earning between $106,053 and $144,751.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $135,328 | $11,277 | $2,602 | $65 |
| Average | $124,978 | $10,415 | $2,403 | $60 |
| 25th Percentile | $115,072 | $9,589 | $2,213 | $55 |
An entry-level Electrical Engineer III with under 1 year experience makes about $120,542. With less than 2 years of experience, a mid-level Electrical Engineer III makes around $121,282. After 2-4 years, the Electrical Engineer III pay rises to about $122,760. Those senior Electrical Engineer III with 5-8 years of experience earn roughly $128,067, and those Electrical Engineer III having 8 years or more experience are expected to earn about $130,848 on average.
| Levels | Salary |
|---|---|
| Entry Level Electrical Engineer III | $120,542 |
| Intermediate Level Electrical Engineer III | $121,282 |
| Senior Level Electrical Engineer III | $122,760 |
| Specialist Level Electrical Engineer III | $128,067 |
| Expert Level Electrical Engineer III | $130,848 |
| Entry Level | 0% |
| Mid Level | 1% |
| Senior Level | 2% |
| Top Level | 7% |
| Experienced | 9% |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Installation: The action or process of installing someone or something, or of being installed. the act of installing the state of being installed, something that is installed for use.
CAD: Computer-aided design is the use of computers to aid in the creation, modification, analysis, or optimization of a design. This software is used to increase the productivity of the designer
| Skill | Salary | Demand |
|---|---|---|
|
Prototyping
|
$129,977 |
4%
|
|
Circuit Design
|
$128,727 |
3%
|
|
PCB Design
|
$128,727 |
3%
|
|
Product Development
|
$128,727 |
3%
|
|
Consulting
|
$127,477 |
2%
|
|
Collaboration
|
$127,477 |
2%
|
