As of July 01, 2026, the average salary for a Lead Electrical Engineer in New Jersey is $152,252 per year, which breaks down to an hourly rate of $73.
However, a Lead Electrical Engineer's salary can vary significantly. Here’s a look at the typical salary range:
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Lead Electrical Engineer Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $160,765 | $13,397 | $3,092 | $77 |
| Average | $152,252 | $12,688 | $2,928 | $73 |
| 25th Percentile | $141,000 | $11,750 | $2,712 | $68 |
Princeton University - Princeton, NJ
Lockheed Martin - Moorestown, NJ
Lockheed Martin - Riverton, NJ
Lockheed Martin - Bellmawr, NJ
A Lead Electrical Engineer'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 a Lead Electrical Engineer'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 |
|---|---|
| Electrica... Level Lead Electrical Engineer | $104,693 |
| Electrica... Level Lead Electrical Engineer | $127,344 |
| Lead Elec... Level Lead Electrical Engineer | $151,626 |
| Electrica... Level Lead Electrical Engineer | $175,904 |
| Electrica... Level Lead Electrical Engineer | $211,716 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Lead Electrical Engineers. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. 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 U.S. cities:
For Lead Electrical Engineer roles, the industry you choose can affect earning potential by as much as 52% (the gap between the highest and lowest paying industries). Data shows that the Insurance and Energy & Utilities sectors offer the strongest compensation, at 22% above the average. In contrast, Lead Electrical Engineer positions in Internet or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Lead Electrical Engineer as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Insurance | $185,748 | $89.0 | 22% |
| Energy & Utilities | $175,090 | $84.0 | 15% |
| Aerospace & Defense | $170,522 | $82.0 | 12% |
| MFG Nondurable | $170,522 | $82.0 | 12% |
| Construction | $167,477 | $81.0 | 10% |
Understanding how a Lead Electrical Engineer'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 | $160,765 | $13,397 | $3,092 | $77 |
| Average | $152,252 | $12,688 | $2,928 | $73 |
| 25th Percentile | $141,000 | $11,750 | $2,712 | $68 |
Ready to take the next step in your career? Browse thousands of current Lead Electrical Engineer job openings on our job board. Use the search bar below to find your perfect match.
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