Consider the average salary for mechanical engineering if you're thinking about a career. This article will give you information about the average salary for each state and city as well as job growth rates. It will also provide you with information on job duties, educational requirements, and the job outlook.
Average salary
A mechanical engineer will have multiple responsibilities. The average salary of a mechanical engineer is about ksh 600,183 per year, and this may vary according to your experience and level of education. A variety of tasks can be expected, including performing testing and writing technical reports for customers.
You may make more than the average national salary depending on where you live and what company you work for. For example, an entry-level mechanical engineer in Colorado could earn $86,340 per annum, while a Maryland mechanical engineer can expect to make $15 6,288 per year. The US salary range for mechanical engineers is comparable to other engineers, such as agricultural and environmental engineers. During the next several years, the job market for mechanical engineers is expected to grow by 8.8%.
Ratio of job growth
Mechanical engineers enjoy excellent job prospects and are among the highest-paid professionals in the United States. In the United States, the average annual salary for a Mechanical Engineer was $90 160 as of May 2020. These engineers are employed by many industries, including computer and electronic products, transportation equipment, and scientific research and development services. According to Bureau of Labor Statistics (BoLS), mechanical engineers should see greater job growth over the average occupation within the next decade. They can anticipate a 3.71% increase in employment during the next decade.
Mechanical engineers will be able to find new job opportunities as technology advances. For example, nanotechnology and alternative energy are two areas of growth for mechanical engineers. These two areas will allow mechanical engineers design projects that use the power of these technologies. These technologies will improve health care and allow for the creation of better computer chips. Engineering professionals with computer-aided engineering (CAD), training will be well-equipped to succeed.
Average salary by state
The salary range for a mechanical engineering professional in the United States is $58,410 to $141,060 per annum depending on education and experience. The highest paying state for mechanical engineers is New Mexico, where engineers earn over $140,000 per year. The highest salaries for mechanical engineers are paid by finance and insurance companies.
Although all states have high numbers of mechanical engineers, the most lucrative states for these jobs are those with high living costs. 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 has the lowest salary for mechanical engineers with an average annual salary of $60121.
Average Salary by Industry
The experience of the mechanical engineer and their work industry will determine what salary they earn. 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. According to Compensation Partner the average salary for mechanical engineering is 27% higher that the average for all other industries. Average annual earnings for mechanical engineers in Germany are EUR 67.718 gross. This is the highest average salary of any industry.
The industries with the highest percentage of mechanical engineers are those that manufacture motor vehicles and motor vehicle equipment. Others that employ mechanical engineering include the biomedical & agribusiness, Oil & gas extraction, and Industrial production management. Other occupations found in these industries include construction, miscellaneous fabricated metal goods, miscellaneous steel products, oil & gas extraction, real estate property management, and other related fields.