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Salary, Wages, Pay: Mechanical Engineers
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Median annual earnings of mechanical engineers were $62,880 in 2002. The middle 50 percent earned between $50,800 and $78,040. The lowest 10 percent earned less than $41,490, and the highest 10 percent earned more than $93,430. Median annual earnings in the industries
employing the largest numbers of mechanical engineers in 2002 were:
Federal government
$72,500
Architectural, engineering, and related services
65,610
Navigational, measuring, electromedical, and control instruments manufacturing
65,430
Aerospace products and parts manufacturing
65,160
Other general puropse machinery manufacturing
55,850
According to a 2003 salary survey by the National Association of Colleges and Employers, bachelor’s degree candidates in mechanical engineering received starting offers averaging $48,585 a year, master’s degree candidates had offers averaging $54,565, and Ph.D. candidates
were initially offered $69,904.
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