Through our research, we concluded that Engineering Associates, LLC was the best, especially with an average salary of $67,932. … It's an important job that spans across many different industries, and depending on where you do the work it can be a very lucrative career. Eventually, you will want to get your professional engineer (PE) license as a way to highlight your skills and make you seem like a more desirable candidate to both current and future employers. The average salary for a Mechanical Engineer is $94,936 per year in United States. We’ve identified seven states where the typical salary for an Entry Level Mechanical Engineer job is above the national average. The base salary for Mechanical Engineer I ranges from $65,123 to $75,941 with the average base salary of $70,066. As an engineer’s years of experience increase, so does his earning potential. For context, that is a higher yearly salary than the current average income in the U.S. National Average. Other metropolitan areas have higher levels of employment for mechanical engineers, and while they aren't paying as much as the top cities they are still offering plenty in salary to grant them a comfortable living. The bottom 10% of mechanical engineers, according to the BLS, make $56,270, or $27.05 per hour. are among the highest of all college graduates. We compare the salary of all careers then we give them a rank of A, B, C or D depending on where their average salary … Together, the… from studying majors in the humanities, social sciences, education or arts. The average Mechanical Engineer I salary in Utah is $66,383 as of October 28, 2020, but the range typically falls between $61,700 and $71,949. Cash Bonus, Stock Bonus, Profit Sharing, Commission Sharing, Tips have not been reported for this role The typical L3Harris Mechanical Engineer salary is $78,226. © 2020 TheStreet, Inc. All rights reserved. BLS prepares employment projections for 18 engineering occupations. About 23 percent of new jobs for engineers are projected to be for civil engineers, the largest engineering occupation. An experienced Mechanical Engineer makes about $86,934 per year. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $65,882 to $77,975 with the average total cash compensation of $71,429. The highest paying industry for mechanical engineers is oil and gas extraction, where they make an annual yearly salary of $126,880. Of course, the average wage of all of these is still quite a bit higher than the average income. You may think some of the more populous states with the biggest cities would have the highest-paying salaries for mechanical engineers. At an absolute minimum, a relevant bachelor's degree. Table 1 shows how many of the 139,300 jobs for engineers are expected to be added in each of these occupations from 2016 to 2026. For those looking for the top paying mechanical engineering jobs, you may want to look into more niche industries that don't have as many or as high a concentration of them. Mechanical Engineer salaries at Lockheed Martin can range from $56,952 - $137,184. starting salary for mechanical design engineer. According to the U.S. Bureau of Labor Statistics (BLS) engineers have a median annual wage of $91,010 and the engineering field projects to have employment growth of nearly 140,000 new jobs over the next decade. According to the U.S. Bureau of Labor Statistics (BLS), 303,440 working mechanical engineers in the U.S. as of May 2018 made a mean annual wage of $92,800. This is the average monthly salary including housing, transport, and other benefits. Source: U.S. Bureau of Labor Statistics, Occupational Employment Statistics The median annual wage for mechanical engineers was $88,430 in May 2019. Mechanical engineering is one of the broadest engineering disciplines. While the average wage is not as high as other engineering occupations, such as nuclear engineers and aerospace engineers, it is higher than other engineering jobs like agricultural engineers and biomedical engineers. Learn about salaries, benefits, salary satisfaction and where you could earn the most. Although the U.S. Bureau of Labor Statistics (BLS) doesn't provide specific salary information for mechatronics engineers, it does show that median annual wages for all mechanical … The median starting salary for petroleum engineers is $79,270 ¹, with the mid-career salary of $137,720¹, and with experienced petroleum engineers making around the $193,430 mark¹ (top 90th percentile). Mechanical Engineer salaries vary drastically based on experience, skills, gender, or location. This job outlook is about average for occupations across the board, though it is a bit lower than engineers as a whole, which is expected to increase by 5%. A starting engineer is likely to make less at the dawn of her career. Year after year, engineering jobs are paid the highest average starting salary. According to the National Association of Colleges and Employers, the average starting salary for the Class of 2018 … The BLS' architectural, engineering and related category had the most mechanical engineers working within it at 61,180, and they make an average annual salary of $97,310. Industry groups anticipate many employees will retire in the next decade, just as the global demand for energy is increasing. In fact, This is the average monthly salary including housing, transport, and other benefits. the top-paid graduates from the Class of 2017, according to NACE’s Winter 2017 Salary Even those who have not yet accrued a ton of experience in the field can make solid money. According to the U.S. Bureau of Labor Statistics (BLS), the mean annual salary for mechanical engineers is $93,540 as of May 2019. Mechanical engineers likely have an average job outlook because while the development and creation required of mechanical engineers are still needed, the manufacturing industries - one where many mechanical engineers are employed - are expected to decrease in employment numbers. Learn more about the Mechanical Engineer job market for salaries of real jobs in your area. In May 2018, the U.S. Bureau of Labor Statistics (BLS) reported that mechanical engineers had a mean annual wage of $92,800, which made the mean hourly wage $44.62 (www.bls.gov). Certainly, your seniority will determine how much more than the average salary you can make, as evidenced by the highest percentile salary for mechanical engineers. although growth will vary by specialty; overall job opportunities for engineers are Learn about salaries, benefits, salary satisfaction and where you could earn the most. (REF 4) The mean annual wage for industrial engineers in the auto industry was $82,260, according to the BLS. Topping the list is New York, with New Hampshire and Vermont close behind in second and third. Mechanical Engineers made a median salary of $87,370 in 2018. It will also help you greatly in your career to have a relevant master's degree (or another form of a graduate degree, like a doctorate). expected to be good. What Is the Average Salary of a Mechanical Engineer? ", "It's no surprise that STEM (science, technology, engineering and math) majors are The average salary for an entry level Mechanical Engineer is $64,501. Most biomedical engineers combine biology and chemistry courses with a bachelor's degree. Post navigation ← Previous News And Events Posted on December 2, 2020 by Mechanical Engineers earn a median salary of $92,330 per year. The median hourly salary was $42.00, while the median annual income was $87,370. jobs, but some research positions may require a graduate degree. Salaries range from 14,700 INR (lowest) to 46,700 INR (highest).. Engineering leads the way with an average salary of $66,097. Tyler, Texas is third in all metropolitan areas in the country with $121,740 in mean annual wages, while Beaumont-Port Arthur is fourth at $121,330. An entry-level Mechanical Engineer with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) … time for those graduates to reach their prime earning potential. Salaries typically start from $58,050 and go up to $159,200. The BLS may have reported mean annual wages of nearly $93,000 (and a median wage of $87,370), but more experienced and higher-up mechanical engineers can make quite a bit more than that, and well into six figures. According to the U.S. Bureau of Labor Statistics (BLS), 303,440 working mechanical engineers in the U.S. as of May 2018 made a mean annual wage of $92,800. An entry-level Mechanical Engineer with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of €30,472 based on 49 salaries. Though not in the top five for states, Texas has multiple metropolitan areas that pay handsomely for the services of mechanical engineers. We looked into employers that employ mechanical engineers and discovered their number of mechanical engineer opportunities and average salary. Annual Salary, Salary Range, and Highest Paying States. This estimate is based upon 126 Lockheed Martin Mechanical Engineer salary report(s) provided by employees or estimated based upon statistical methods. Salaries range from 600 KWD (lowest) to 1,900 KWD (highest).. takes to become an engineer. Employers anticipate making engineering, computer science, and math and sciences majors These programs will likely require multiple internships, which will hopefully provide both experience and building a connection network. According to the BLS, from 2018-28 the job outlook for mechanical engineers is expected to increase by 4%, from 312,900 jobs to 325,700 jobs. ", Geological and Mining Engineering and Sciences, Manufacturing and Mechanical Engineering Technology, Mechanical Engineering-Engineering Mechanics, Michigan Tech Tops the State in Return on Investment, Michigan Tech Ranks #2 in State for Value of an Education, 11 Public Colleges Where Grads Make Six Figures, The 15 public colleges where students go on to earn the most money, Money Magazine Gives Michigan Tech High Marks, Michigan Tech Ranks High Nationally in Return on Investment. The Detroit-Warren-Dearborn metropolitan area is also the one with the highest concentration of mechanical engineering jobs. When you compare this with the typical starting salary for a mechanical engineer with a master’s degree at $59,371, the value of the extra education is clear. But beyond that, one of the most important factors in the salary of a mechanical engineer in the industry in which you work. $17.07 $28 /hour $40.87. A post-graduate degree can give you a leg up if you wish to advance to a managerial role in the mechanical engineering field, or if you have other ambitions beyond work as a mechanical engineer. The industries with the highest number of mechanical engineers tend to pay in line with the average annual wages. A bachelor's degree in engineering is required for most entry-level U.S. News's rankings of the top 10 undergraduate mechanical engineering programs for 2020 are: Many schools also have a mechanical engineering technology program. Average Mechanical Engineer Yearly Salary in Texas. To get your PE license, you will also need to pass the Principles and Practice of Engineering (PE) and Fundamentals of Engineering (FE) exams. the top college majors by salary, but that doesn't mean that we discourage students Similarly, the industries with the highest concentration of the nation's mechanical engineers were also generally near the mean annual wage. Mechanical engineers in the U.S. make an average annual wage of nearly $93,000. A typical starting salary for a mechanical engineer with a bachelor’s degree is $46,200. Entry-level mechanical engineers holding bachelor's degrees earned average annual starting salaries of $61,300, according to the National Association of Colleges and Employers' Spring 2012 Salary Survey. After that is waste treatment and disposal, where they average $120,200 in yearly salary. What is an engineering degree worth? The U.S. metropolitan area with the most mechanical engineers is Detroit-Warren-Dearborn in Michigan at 31,180, and their mean annual salary is $95,880. Of the employees working in engine, turbine and power transmission equipment manufacturing, 5.46% are mechanical engineers, and they make an average annual wage of $96,890. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession. We wanted to make it easy for our readers to compare the salary of a Mechanical Engineer to all the other careers out there. Salary estimates are based on 554 salaries submitted anonymously to Glassdoor by Mechanical Engineer employees. There are so many fields that parents love their children to del . These industries and so many others need the best and brightest to help create tools and machinery. So how much do engineers make? Just in case you need a simple salary calculator, that works out to be approximately $28.39 an hour. According to the BLS, mechanical engineers in the 75th percentile can make $110,520 per year ($53.14 per hour), while those in the 90th percentile are making $136,550 per year ($65.65 per hour). Mechanical engineering can net you a comfortable salary and living. Post Author: Post published: December 2, 2020 Post Category: Uncategorized Post Comments: 0 Comments 0 Comments This translates to $44.62 an hour. How much does it pay to design, develop and create all manner of machines in the world of mechanical engineering? some of those majors lead to high-paying careers as well—it just often takes a longer The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. Mechanical and industrial engineersare second and third in projected job growth among engineers. Your coursework may also require more specialized engineering courses, allowing you the opportunity as a student to find what interests you and the field in which you might want to pursue mechanical engineering. Many schools with accredited engineering programs will have a mechanical engineering program and major available as well. So you may find yourself surprised at the top state on the list. Mechanical engineers living … Survey report. NACE reported that mechanical engineers with a master's degree started at an average of $75,700 - significantly more than the average starting salary of mechanical engineers with a bachelor's degree. Interested in becoming a mechanical engineer? 85% undergrads who complete internships. The industry with the second-highest number of mechanical engineers was the machinery manufacturing category, and these engineers have a mean annual wage of $84,240. Agencies and companies: U.S. Bureau of Labor Statistics, Occupational Employment Statistics median. 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