Average wage for Mechanical Engineering [Mechanical engineering]

Average wage for Mechanical Engineering

The Average Pay Increase for a Mechanical Engineer

Salaries for mechanical engineers can reach six figures.Salaries for mechanical engineers can reach six figures.

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Designing mechanical devices and equipment is chief among the responsibilities of mechanical engineers. They also create schematics for manufacturing their designs, monitor the production of their designs and come up with solutions to problems that might develop in devices and equipment. The average pay increase for this occupation isn't as high as the standard cost of living increase, which is usually around 3 percent. However, mechanical engineers who advance their education often see greater returns.

Overall Figures

In 2012, mechanical engineers earned an average salary of $84, 770 annually, according to the Bureau of Labor Statistics. This represented an increase of 1.46 percent from the previous year, when the average salary was $83, 550. The top 10 percent of earners made $121, 530 or more a year in 2012. This represented a 1.32 percent increase from the previous year, when annual salaries for the top 10 percent were at least $119, 950.

Starting Salaries

A survey by the National Association of Colleges and Employers found that starting salaries for mechanical engineers saw a slightly better improvement than overall salaries. In 2012, salaries started at an average of $61, 300 a year. This was an increase of 1.66 percent from the previous year, when starting salaries were $60, 300 a year.

Related Reading: How Much Pay Does a Mechanical Agency Engineer Make?

Salaries by Degree

It should come as no surprise that a mechanical engineer's level of education can influence her pay. As already noted, salaries in mechanical engineering started at $61, 300 a year in 2012. For those with a master’s degree, however, the average starting salary was $75, 700 a year. Engineers who want to improve their chances of getting higher pay can do so by working toward a higher level of education.

Regional Comparisons

As with any occupation, earnings vary by location, and the average pay increase can swing as well. For example, mechanical engineers earn some of the highest wages in Alaska, where the yearly average was $103, 840 in 2012. However, this was an increase of less than 1 percent from the previous year, when salaries averaged at $102, 860. In Texas, salaries averaged $92, 470 a year as of 2012 - an increase of 1.8 percent from the previous year. Some of the lowest salaries were found in Arkansas, where the average pay was $71, 160 as of 2012. However, this represented a relatively high pay increase of 4.5 percent from the previous year.



Mechanical Engineering for the Curious: Why Study Mechanical Engineering? (A Decision-Making Guide to College Major, Research & Scholarships, and Career ... for the College Students and Their Parents)
eBooks (The Curious Academic Publishing)
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