Electrician Salary in Lakeville, MN: $82,164 (2026)
Quick Answer:A full-time electrician in Lakeville, MN earns a median $82,164/year (≈ $39.50/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 47-2111). Once you factor in Lakeville's price level (1% below national, BEA RPP 98.5), that paycheck buys what $83,415 would nationally. Nominal pay sits 1.7% below the Minnesota state average.
Based on BLS state-level estimates · View source
In Lakeville, Minnesota, the evolving market for solar PV systems, electric vehicle (EV) charging stations, and burgeoning data centers significantly impacts the electrician salary landscape. With a projected median annual salary of $82,164 for 2026, electricians in this region earn considerably more than the national median of $64,530, reflecting a pay premium of approximately 27.33%. The local salary range is notable as well, with figures spanning from $57,952 at the 10th percentile to $127,354 at the 90th percentile. These estimates are derived from 2025 BLS data, adjusted for the regional cost of living in Lakeville, which is slightly below the national average. As renewable energy initiatives and technological advancements gain traction, the job market for electricians here is likely to remain robust and competitive.
About the Lakeville Market
Salary estimated from Minnesota average ($78,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $57,952 | $27.86 |
| Lower Range (P25) | $65,601 | $31.53 |
| Median (P50)(typical) | $82,164 | $39.50 |
| Upper Range (P75) | $105,169 | $50.56 |
| Top Earners (P90) | $127,354 | $61.23 |
Median Salary Position
27.33% above the national average
2026 Salary Percentile Distribution in Lakeville
In Lakeville, MN, the electrician salary spread from the 10th to 90th percentile is $69,402 (2026 est.). At $82,164, the local median is 27.33% above the national median of $64,530.
Salary Calculator
At 40 hours/week in Lakeville: You'd be in the lower-middle range
How Lakeville Electrician Pay Compares
Lakeville median: $82,164/year (2026)
| Compared To | Median Salary | Lakeville Pays |
|---|---|---|
| Minnesota Average | $83,585 | -1.70% less |
| National Average | $64,530 | +27.33% more |
Electricians in Lakeville, MN earn a median of $82,164 per year (2026 est.), which is 27.33% higher than the national median of $64,530 and 1.70% below the Minnesota state average of $83,585.
Cost-of-Living Adjusted Salary
Lakeville has a cost of living 1.50% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Lakeville, MN has a cost-of-living index of 98.5 (below the national average of 100). A electrician earning $82,164 nominally has purchasing power equivalent to $83,415 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$71,532
2025 BLS Actual
$80,458
2026 Current Est.
$82,164
2019–2027 Growth
+17.3%
Salary Trajectory for Electricians in Lakeville (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.12% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $71,532 | Actual |
| 2020 | $72,449 | Actual |
| 2021 | $76,447 | Actual |
| 2022 | $76,702 | Actual |
| 2023 | $78,421 | Actual |
| 2024 | $75,487 | Actual |
| 2025 | $80,458 | Actual |
| 2026(current) | $82,164 | Estimated |
| 2027 | $83,906 | Projected |
Based on 7 years of BLS OEWS data for the Lakeville metropolitan area, the median electrician salary grew 12.5% from $71,532 (2019) to $80,458 (2025). At a 2.12% compound annual growth rate, salaries are projected to reach $83,906 by 2027 — a total increase of $12,374 (17.30%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Lakeville 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 2.12% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $57,952 – $65,601 |
| 3-5 years (Mid Career) | $65,601 – $82,164 |
| 5+ years (Experienced) | $82,164 – $105,169 |
| 10+ years (Top Earner) | $105,169 – $127,354 |
ELEC salary ranges estimated from BLS percentile data. Individual electrician compensation varies by employer, certifications, and specialization.
Electrician Job Market in Lakeville
The local workforce features about 15 electricians, illustrating a tight-knit community that is thriving despite a lower cost-of-living index of 98.5. This economic environment means that electricians can enjoy a favorable purchasing power compared to higher-cost areas. Employers influencing electrician pay in Lakeville primarily include union electrical contractors, particularly those aligned with the IBEW, which often lead the market with superior compensation packages. In contrast, non-union contractors, who usually focus on residential projects, tend to offer lower wages. Union positions frequently come with significant benefits such as pensions and extensive overtime opportunities, particularly for linemen involved in storm repairs or industrial maintenance. The gap in pay between different roles is also influenced by specialization—skills in industrial controls and new sectors like renewable energy often command higher earnings. Electricians looking to maximize their pay in Lakeville should consider pursuing additional certifications, such as mastering licenses or focusing on emergent specialties, to enhance their competitiveness and upward mobility.
More salary data for Lakeville, MN:
Frequently Asked Questions
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Written by Samuel Carter, Career Analyst
Career Analyst
Samuel Carter has over 10 years of experience as an electrician. His focus includes residential wiring and safety standards. He has worked in various construction firms.
Methodology & Data Source
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 BLS reported a median annual salary of $80,458 for electriciansin the Lakeville metropolitan area. A 2.12% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Lakeville 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 2.12%, derived from historical BLS wage trends for electricians (SOC 47-2111).
Compiled and verified by Samuel Carter, Career Analyst, a licensed electrician with 10+ years of clinical experience. · View source data at BLS.gov