The average salary for a career with mechanical engineering is important to know if you are interested in this career. This article will provide you with salary information by state, city, and even job growth rates. It also provides information on job duties, educational requirements and the job outlook.
Average salary
You will be responsible for many things as a mechanical engineer. An average salary for a mechanical engineer is ksh 600,000. This can vary depending on how much experience you have and your level of education. Many tasks are possible, including testing and writing technical reports.
Your salary may be higher or lower depending on your location and the company. An example: Entry-level mechanical engineers can make $86,340 annually in Colorado, while Maryland residents can expect to earn $15,628 per year. The salary range for mechanical engineers in the US is similar to the salaries of engineers in other fields, such as environmental and agricultural engineers. In the next few year, the demand for mechanical engineers' jobs will increase by 8.8%.
The rate of job growth
Mechanical engineers enjoy excellent job prospects and are among the highest-paid professionals in the United States. The average US salary for a mechanical engineering professional was $90,160 as of May 2020. They are employed in many industries including transportation equipment and scientific research and development. According to Bureau of Labor Statistics (BoLS), mechanical engineers should see greater job growth over the average occupation within the next decade. They can expect to see a 3.71 percent increase in employment over the next decade.
Technological advancements will lead to more opportunities for mechanical engineers in new fields. Mechanical engineers can expect to see growth in areas such as nanotechnology or alternative energy. These two areas of growth will allow mechanical engineers the ability to design production projects that exploit the power these new technologies. These technologies will improve health care and allow for the creation of better computer chips. Computer-aided design (CAD), training is a must for engineers to be successful.
Average state-specific salary
The average salary of a mechanical engineer in the U.S. ranges from $58,410 to $141,060 per year, depending on education and experience. The highest paying state for mechanical engineers is New Mexico, where engineers earn over $140,000 per year. Additionally, the highest salaries paid to mechanical engineers come from insurance and finance firms.
While all states have a high number of mechanical engineers, the best salaries are found in the states with high cost of living. A mechanical engineer working in Washington State may earn an average of $90,626, while one in Colorado could make as much as $96,117. Arkansas, on the other hand, has the lowest average salary for mechanical engineers at $60,121 per annum.
Average salary by industry
The salary of a mechanical engineer depends on their experience and the industry in which they work. According to the Association of German Mechanical and Plant Engineering (AGMPE), there were 27,000 jobs available in Germany in 2017, and this is expected to have a positive effect on salaries. The average salary for mechanical engineers in Germany is 27% lower than other industries, according to Compensation Partner. Mechanical engineers in Germany earn an average of EUR 67,718 gross per year, which is the highest of all industries.
The highest number of mechanical engineers is found in the manufacturing of motor vehicles and related equipment. Other industries that employ mechanics include the oil & gaz extraction, biomedical & agricultural, and industrial production management. Others working in these areas include Construction, Miscellaneous made metal products and Miscellaneous Metal products, Oil & Gas extraction, and Real Estate property management.