Because of the universal presence of electrical systems and a growing population, the job outlook for electricians is extremely good. In addition, the growth of technology requires many buildings to be pre-wired for computer and automated systems, necessitating more electrical work and increasing the demand for these tradesmen. The current median salary for a master electrician is upwards of $40,000 annually. Factors like experience and geographic location have a great impact, and general electrician's salaries range anywhere from $34,000 to $56,000 per year.