Should electrical wiring be placed above or below plumbing pipes
It makes absolutely NO difference. Even if the water pipes broke and flooded the stud bay the cable would not typically be damaged or harmed. NOR would it"short out" even in the slightest, even if it got into a device box.

Worrying about having electric and plumbing in the wall together is tantamount to worrying about having gas in the gas tank of your car with the exhaust 6" away.