The average yearly wage paid to a master electrician in the United States in 2015 is in the vicinity of $55,000, but it varies based on job location, industry, specialty and qualifications. Data collected through a PayScale survey found that among the master electricians responding, average total pay ranged from just over $40,000 to approximately $93,000 after including overtime, bonuses and profit-sharing. Based on this survey, location is the most significant variable impacting a master electrician's salary.
The average wage for a master electrician is highest in Eastern U.S. cities such as New York and Boston, while Atlanta, Georgia, pays the lowest average wage. Other cities with above-average wages for master electricians are Minneapolis, Minnesota, and Detroit, Michigan, while Madison, Wisconsin and Grand Rapids, Michigan have pay rates lower than the median.
The industries reported as the most lucrative for master electricians are coal mining and electrical design. Master electricians with skills in controls, such as programmable logic controllers and automation, tend to earn more, as do those with project management and commercial skills. Master electricians doing residential or troubleshooting work are generally paid at the lower levels.
While experience is required to reach the level of master electrician, experience as a master electrician does not significantly impact average salary for the first 10 to 15 years. Only at about the 20-year mark does a master electrician see pay increases based on experience, with an average yearly wage of approximately $61,000 at this point, depending on location and specialty.