Median Salary
$63,858
Above National Avg
Hourly Wage
$30.7
Dollars / Hr
Workforce
N/A
Total Jobs
Growth
+3%
10-Year Outlook
Of course. Here is a comprehensive career guide for Electricians considering a move to Lakewood CDP, NJ.
The Salary Picture: Where Lakewood CDP Stands
As a local, I can tell you that Lakewood isn't your average Jersey town. It's a dense, fast-paced community with a unique economic engine. For an electrician, this translates into consistent demand but also specific market rates. The median salary for an electrician in the Lakewood CDP area is $63,858/year, which breaks down to an hourly rate of $30.7/hour. This is notably higher than the national average of $61,550/year, a reflection of New Jersey's higher cost of living and strong construction market.
To understand your earning potential, you need to break it down by experience. The local market rewards skill and tenure, but even apprentices can earn a solid wage compared to other entry-level trades.
Experience-Level Breakdown
| Experience Level | Estimated Lakewood Salary Range | Notes |
|---|---|---|
| Entry-Level / Apprentice | $45,000 - $55,000 | Typically in a registered apprenticeship program. You'll be earning while you learn. |
| Mid-Level (Journeyman) | $60,000 - $75,000 | This is where the median salary $63,858 sits. You have your NJ Electrical License and can work independently. |
| Senior-Level (Master) | $75,000 - $95,000+ | Requires a Master Electrician license. Involves supervisory roles, complex projects, and business development. |
| Expert / Specialty | $90,000 - $120,000+ | Focus on high-demand niches like EV charger installation, solar, or industrial controls in the nearby manufacturing corridor. |
How Lakewood Compares to Other NJ Cities
While Lakewood offers a strong wage, it's important to see how it stacks up against other major employment hubs in the state. The Jobs in Metro: 203 figure indicates a healthy, but not oversaturated, local market.
| City / Metro Area | Median Salary | Cost of Living (Index) | Key Industries |
|---|---|---|---|
| Lakewood CDP | $63,858 | 112.5 | Construction, Education, Healthcare |
| Newark | ~$72,000 | ~125 | Port, Finance, Corporate HQs |
| Jersey City | ~$78,000 | ~140 | Finance, Tech, Real Estate |
| Trenton | ~$65,000 | ~108 | State Government, Defense |
Insider Tip: While salaries in Newark and Jersey City are higher, the commute from Lakewood can be brutal. The real value in Lakewood is the ability to command a strong wage while potentially living in a more affordable neighboring town like Toms River or Brick.
๐ Compensation Analysis
๐ Earning Potential
Wage War Room
Real purchasing power breakdown
Select a city above to see who really wins the salary war.
The Real Take-Home: After Taxes and Rent
Let's get real about the numbers. A $63,858 salary sounds great, but in New Jersey, taxes are significant. After federal, state (NJ has a progressive income tax), FICA, and local taxes, your take-home pay will be roughly $48,000 - $50,000 annually, or about $4,000 - $4,167 per month.
The biggest variable is housing. The average 1-bedroom rent in Lakewood is $1,743/month. This is the primary driver of your budget.
Monthly Budget Breakdown (Single Electrician, Median Salary)
| Category | Estimated Cost | Notes |
|---|---|---|
| Take-Home Pay | $4,100 | After taxes and deductions. |
| Rent (1BR) | $1,743 | The average for Lakewood CDP. |
| Utilities | $250 | Electricity, gas, internet. (Congrats, you can troubleshoot your own issues!) |
| Car Payment/Insurance | $600 | NJ has high auto insurance rates. A commute is likely necessary. |
| Groceries | $400 | Lakewood has competitive grocery prices (ShopRite, Aldi). |
| Health Insurance | $300 | Varies by employer; this is a typical employee contribution. |
| Misc./Savings | $807 | Discretionary spending and savings. |
Can they afford to buy a home?
With the above budget, saving for a down payment is challenging but not impossible. The median home price in the Lakewood area is approximately $400,000. A 20% down payment is $80,000. To save this in 5 years, you'd need to set aside $1,333 per month. This would require a strict budget, likely shared housing, or dual-income to achieve comfortably. Many local tradespeople buy in neighboring towns like Howell or Jackson where prices are slightly lower.
๐ฐ Monthly Budget
๐ Snapshot
Where the Jobs Are: Lakewood CDP's Major Employers
Lakewood's economy is driven by a few key sectors. The 10-Year Job Growth of 11% is a positive sign, largely fueled by residential expansion and institutional growth.
- JCP&L (Jersey Central Power & Light): The primary utility provider for the region. They have a significant presence and are consistently hiring for line workers, substation technicians, and customer service roles. They offer excellent benefits and union-scale pay.
- Lakewood Board of Education: With over 30 public schools and a massive yeshiva system, the district is a constant source of work for electricians specializing in institutional and commercial projects. They have a robust in-house maintenance team and use local contractors for renovations and new builds.
- RWJBarnabas Health (Monmouth Medical Center Southern Campus): Located just on the border in Brick, this is a major regional hospital. Hospital work requires specialized knowledge of critical systems, backup power, and medical-grade wiringโa lucrative niche. They have a large facilities department and hire electrical contractors for major projects.
- Prologis / Industrial Parks: The area around Route 9 and the Garden State Parkway has seen a boom in logistics and warehousing. Companies like Amazon, FedEx, and regional distributors operate large facilities. These jobs are for electricians with industrial/commercial experience, focusing on high-voltage systems and automation.
- Matco-Norca: A major distributor of plumbing, heating, and electrical supplies with a large warehouse and office in the area. They are a key local employer and a hub for the trade.
- Local Contracting Firms (e.g., V.S. Electric, All-around Electric): Lakewood has a dense network of small-to-mid-sized electrical contracting firms. These are the backbone of residential and light commercial work. They are often the first stop for new apprentices and a great place to get diverse experience.
Hiring Trends: There's a massive push for electricians skilled in energy efficiency and smart home technology. New construction in Lakewood often includes solar-ready requirements, and homeowners are increasingly installing EV chargers and advanced lighting systems.
Getting Licensed in NJ
New Jersey's licensing process is straightforward but rigorous. You cannot work as an electrician without proper licensure.
- Apprenticeship (4-5 Years): You must complete 8,000 hours of on-the-job training under a licensed electrician and 576 hours of classroom instruction at a state-approved trade school (like the NJ Institute of Technology Apprenticeship Program).
- Journeyman License: After completing your apprenticeship, you must pass the state's Journeyman Electrician exam. This license allows you to work independently.
- Master Electrician License: To pull permits, start your own business, or supervise other electricians, you need a Master License. This requires passing a more comprehensive exam and proving 5 years of journeyman-level experience.
Costs & Timeline:
- Apprenticeship: Often free or low-cost, as you're earning a wage. Tools will be your initial investment (~$500-$1,000).
- Exam Fees: ~$100-$250 per exam.
- License Fees: ~$100 annually.
- Total Timeline: From starting as an apprentice to becoming a licensed Journeyman, expect 4-5 years.
Resource: The New Jersey Board of Examiners of Electrical Contractors is the governing body. Always check their website for the most current requirements.
Best Neighborhoods for Electricians
Choosing where to live depends on your budget, family needs, and tolerance for commute. Lakewood itself is densely packed; many tradespeople live in surrounding towns for more space and slightly lower rent.
| Neighborhood/Town | Vibe & Commute to Lakewood | Avg. 1BR Rent | Why It's a Good Fit |
|---|---|---|---|
| Lakewood (Central) | Ultra-convenient, walkable to shops/synagogues, dense. 5-15 min drive to most jobs. | $1,743 | Zero commute if you work locally. Best for singles who want to be in the action. |
| Brick Township | Suburban, family-friendly, more green space. 10-20 min commute via Route 70/Garden State Pkwy. | ~$1,650 | Excellent balance of affordability and amenities. Close to Monmouth Medical Center. |
| Howell | Larger suburban town, more affordable housing stock. 20-30 min commute via Route 9. | ~$1,550 | Best value for your dollar. Great for electricians looking to buy a home in the future. |
| Toms River (North) | Classic Jersey Shore town, great schools, vibrant downtown. 20-25 min commute via Route 70. | ~$1,700 | Appeals to those wanting a shore lifestyle without the premium of Point Pleasant. |
| Jackson | More rural feel, larger lots, excellent school system. 25-35 min commute via Route 526/9. | ~$1,500 | Ideal for families seeking space and good schools, willing to drive a bit further. |
Insider Tip: Traffic on Route 9 and Route 70 is a major factor. Living on the same side of Lakewood as your job (e.g., living in Brick if you work at the hospital) can save you 15-20 minutes each way, which adds up over a week.
The Long Game: Career Growth
The 11% 10-year job growth is your runway. To maximize your earnings, you need to specialize. General residential wiring has a ceiling; specialized skills do not.
Specialty Premiums:
- EV Charger Installation: Highly in-demand. Certification from brands like ChargePoint or Tesla can add $5-$10/hour to your rate.
- Solar PV Installation: Requires NABCEP certification. This is a growing field, especially with state incentives.
- Industrial Controls & Automation: Working in the local warehouses and manufacturing plants. This skillset is complex and commands a premium.
- Low-Voltage & Data: Structured cabling for home offices and businesses. Often overlaps with smart home integration.
Advancement Paths:
The traditional path is Apprentice -> Journeyman -> Master -> Business Owner. However, new paths are emerging:
- Estimator/Project Manager: For those with strong math and people skills.
- Safety Inspector: With OSHA 30-hour certification.
- In-House Facilities Manager: At a hospital, school, or corporate campus (like RWJBarnabas or the school district). These roles offer stability, benefits, and a regular 9-to-5 schedule.
10-Year Outlook: Lakewood's population is young and growing. The demand for housing, schools, and healthcare will not slow down. Electricians who adapt to green energy and smart technology will be the most sought-after and highest-paid.
The Verdict: Is Lakewood CDP Right for You?
Lakewood offers a solid career path for electricians, but it's not a one-size-fits-all market. The decision comes down to your personal and professional goals.
| Pros | Cons |
|---|---|
| Above-National-Average Salary ($63,858 vs. $61,550) | High Cost of Living (Index 112.5, Rent $1,743) |
| Strong, Diverse Job Market (Residential, Commercial, Institutional) | Intense Traffic & Congestion (Especially on Route 9, 70) |
| 11% Projected Job Growth | Competitive Housing Market (Difficult to buy as a single income) |
| Proximity to Shore & NYC | Dense, Fast-Paced Environment (Not for those seeking quiet rural life) |
| Access to Top-Tier Training & Licensing | High Property Taxes in surrounding suburban towns |
Final Recommendation:
Lakewood CDP is an excellent choice for a career-driven electrician, especially if you are in the early-to-mid stages of your career. The combination of strong wages, high demand, and clear paths for specialization creates a fertile ground for growth. It's ideal for someone who is single or in a dual-income household, values being in the center of the action, and is motivated to pursue specialty certifications to maximize their earning potential.
If your priority is buying a spacious home on a single income with a quiet backyard, you might find better value and a better fit in a neighboring town like Howell or Jackson, while still being within a reasonable commuting distance to the abundant work opportunities in Lakewood.
FAQs
1. Do I need my own van and tools to get started?
Not necessarily. Many larger contractors and utilities (like JCP&L) will provide a work vehicle and major tools. As an apprentice, you'll be expected to have basic hand tools (lineman's pliers, screwdrivers, etc.). If you plan to go independent as a journeyman, you will need to invest in a van and a comprehensive set of power tools.
2. How does the union presence affect jobs in Lakewood?
While NJ is not a right-to-work state, the union presence is strongest in the public sector (JCP&L) and large commercial projects. Many residential and small commercial contractors are non-union. It's crucial to research specific employers. Union jobs often have higher pay and better benefits but may have stricter entry requirements.
3. Is the work seasonal in Lakewood?
The work is fairly consistent year-round due to the mix of residential repairs, commercial build-outs, and institutional maintenance. However, like most of the Northeast, outdoor and new construction work can slow down in the winter months. This is when many electricians focus on indoor renovations, commercial projects, or take training courses.
4. What's the best way to find a job as a new journeyman in the area?
Network locally. Stop by supply houses like Matco-Norca or local electrical wholesalers and talk to the staffโthey know who's hiring. Join local trade groups on social media. Apply directly to the major employers listed above (JCP&L, school districts, hospitals). Don't underestimate the power of word-of-mouth; let people in your network know you're licensed and looking.
5. Is Lakewood a good place to start my own electrical business?
It can be, but it's competitive. The dense population means constant demand for service calls and small projects. The key will be building a reputation for reliability and fair pricing. Start by building a client base through side jobs (where legal) and word-of-mouth. Being a Master Electrician is a prerequisite for owning your own business and pulling permits.
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