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. takes to become an engineer. 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. The median hourly salary was $42.00, while the median annual income was $87,370. Salary estimates are based on 554 salaries submitted anonymously to Glassdoor by Mechanical Engineer employees. We looked into employers that employ mechanical engineers and discovered their number of mechanical engineer opportunities and average salary. ", "It's no surprise that STEM (science, technology, engineering and math) majors are 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. Just in case you need a simple salary calculator, that works out to be approximately $28.39 an hour. Industry groups anticipate many employees will retire in the next decade, just as the global demand for energy is increasing. Mechanical Engineer salaries vary drastically based on experience, skills, gender, or location. jobs, but some research positions may require a graduate degree. 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. Each salary is associated with a real job position. Mechanical engineering is one of the broadest engineering disciplines. although growth will vary by specialty; overall job opportunities for engineers are According to the BLS, mechanical engineers earned a median annual salary of about $83,060 as of May 2014, with the top-paid professionals in this field bringing home upwards of $126,430 annually (www.bls.gov). … 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. are among the highest of all college graduates. Though not in the top five for states, Texas has multiple metropolitan areas that pay handsomely for the services of mechanical engineers. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. Many schools with accredited engineering programs will have a mechanical engineering program and major available as well. 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. Interested in becoming a mechanical engineer? The average salary for a Mechanical Engineer is R 325 665 per year in South Africa. A bachelor's degree in engineering is required for most entry-level But it isn't required of entry-level mechanical engineering positions, as you are required to have four years of qualified professional experience before you can receive your license. ", 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. As of Nov 28, 2020, the average annual pay for an Entry Level Mechanical Engineer in the United States is $59,043 a year. 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. Mechanical engineers in the U.S. make an average annual wage of nearly $93,000. The industries with the highest number of mechanical engineers tend to pay in line with the average annual wages. 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. Annual Salary, Salary Range, and Highest Paying States. The highest paying industry for mechanical engineers is oil and gas extraction, where they make an annual yearly salary of $126,880. "Employment is projected to grow about as fast as the average for all occupations, The bottom line: it is well worth the time and effort it Mechanical Engineers earn a median salary of $92,330 per year. The bottom 10% of mechanical engineers, according to the BLS, make $56,270, or $27.05 per hour. So how much do engineers make? 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). 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. Post Author: Post published: December 2, 2020 Post Category: Uncategorized Post Comments: 0 Comments 0 Comments So you may find yourself surprised at the top state on the list. These programs will likely require multiple internships, which will hopefully provide both experience and building a connection network. best career path for mechanical engineer. (REF 4) The mean annual wage for industrial engineers in the auto industry was $82,260, according to the BLS. Learn about salaries, benefits, salary satisfaction and where you could earn the most. 1: Figures from payscale.com, October 20192, 3: Figures from National Occupational Employment and Wage Estimates, United States Department of Labor, October 20194: Mechatronics figures from Recruiter.com for Private Sector, October 2019. Mechanical engineers design mechanical devices that are used in a wide … expected to be good. Year after year, engineering jobs are paid the 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 more about the Mechanical Engineer job market for salaries of real jobs in your area. 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) … 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. Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. There are so many fields that parents love their children to del . 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). Together, the… Survey report. Mechanical engineers living … An experienced Mechanical Engineer makes about $86,934 per year. You may think some of the more populous states with the biggest cities would have the highest-paying salaries for mechanical engineers. 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. 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. Year after year, engineering jobs are paid the highest average starting salary. 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. 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. Mechanical engineers possessing a master’s degree can expect to earn $63,491 per year on average after one to four years of experience. A starting engineer is likely to make less at the dawn of her career. the top college majors by salary, but that doesn't mean that we discourage students 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). How much does it pay to design, develop and create all manner of machines in the world of mechanical engineering? The area with the second-highest, Peoria, Ill., has average annual wages of $108,760 for mechanical engineers. This is the average monthly salary including housing, transport, and other benefits. from studying majors in the humanities, social sciences, education or arts. jobs over the next decade. Mechanical Engineer salaries at L3Harris can range from $62,938 - $97,737. We’ve identified seven states where the typical salary for an Entry Level Mechanical Engineer job is above the national average. Average Mechanical Engineer Yearly Salary in Texas. 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. 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 … This translates to $44.62 an hour. What Is the Starting Salary for a Mechanical Engineer With a Masters Degree?. After that is waste treatment and disposal, where they average $120,200 in yearly salary. Mechanical Engineer salaries at Lockheed Martin can range from $56,952 - $137,184. The best-paid 25 percent made $110,520 that year, while the lowest-paid 25 percent made $69,410. the top-paid graduates from the Class of 2017, according to NACE’s Winter 2017 Salary Opto-mechanical Engineer salaries are collected from government agencies and companies. Salaries range from 14,700 INR (lowest) to 46,700 INR (highest).. Mechanical Engineers made a median salary of $87,370 in 2018. starting salary for mechanical design engineer. Mechanical Engineer salaries vary drastically based on experience, skills, gender, or location. time for those graduates to reach their prime earning potential. 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. The Detroit-Warren-Dearborn metropolitan area is also the one with the highest concentration of mechanical engineering jobs. 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. For context, that is a higher yearly salary than the current average income in the U.S. 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. Salaries typically start from $58,050 and go up to $159,200. According to the U.S. Bureau of Labor Statistics (BLS), the mean annual salary for mechanical engineers is $93,540 as of May 2019. 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