You should consider what the average salary is for a career as a mechanical engineer. 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
You have many responsibilities as a mechanical engineering professional. 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. The job description of a mechanical engineer includes performing various tasks such as writing technical reports or testing.
Depending on the location and company, you may earn a salary higher than the national average. 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. In the next few year, the demand for mechanical engineers' jobs will increase by 8.8%.
Employment growth rate
A mechanical engineer is a highly skilled professional with excellent job prospects. 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, mechanical engineering will see faster job growth in the next decade than the average occupation. They can expect to see an increase of 3.71 percent in their employment over a decade.
Technological advancements will lead to more opportunities for mechanical engineers in new fields. For example, nanotechnology and alternative energy are two areas of growth for mechanical engineers. 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 result in improvements in healthcare and the development of faster computer chips. Additionally, engineers with computer-aided design (CAD) training will be well-positioned to succeed.
Average state salary
The annual average salary for a U.S. mechanical engineer ranges between $58,410 and $141,060 depending on education. New Mexico is the highest-paying state for mechanical engineers, with engineers earning over $140,000 annually. The highest salaries for mechanical engineers are paid by finance and insurance companies.
All states have many mechanical engineers. However, those with higher living costs tend to earn the highest salaries. For instance, a mechanical engineer in Washington State can earn an average salary of $90,626, while a mechanical engineer in Colorado can make up to $96,117. Arkansas, on the other hand, has the lowest average salary for mechanical engineers at $60,121 per annum.
Industry-specific average salaries
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 in Germany, there were 27,000 job openings in 2017. These are expected to have an impact on salaries. The average salary of mechanical engineers is 27% more than that of other professions, according to Compensation Partner. In Germany, mechanical engineers make an average of EUR67718 per year. This is the highest salary among all industries.
The highest number of mechanical engineers is found in the manufacturing of motor vehicles and related equipment. Others that employ mechanical engineering include the biomedical & agribusiness, Oil & gas extraction, and Industrial production management. These occupations include: Construction, Miscellaneous manufactured metal products, Miscellaneous metallic products, Oil and gas extraction, Real estate management, and Miscellaneous metal product manufacturing.