What is the annual salary of a mechanical engineer with a baccalaureate?

Many devices of modern life have mechanical components, including cars, airplanes, dishwashers and lawnmowers. Mechanical engineers can be employed in many industries, from aerospace industries to energy production. They work mainly from their offices creating plans but can visit the production plants or work sites to consult with the production staff. Their salaries depend on their titles and genders.

Salaries

Mechanical engineers with a baccalaureate earn an annual average of US $ 80,000, with 25% earning approximately US $ 59,000 and the remaining 75% earning about US $ 105,000, a difference of US $ 46,000. This is according to a salary survey conducted by the University of Georgtown in 2011. These amounts were lower than the average earnings of other engineering graduates, which are around US $ 75,000, with a range between US $ 53,000 and US $ 102,000. This amount is also less than half of the salary for better engineering payments, which corresponds to petroleum engineers, who earn an annual average of US $ 120,000.

Comparison

You can compare the salaries of graduates with the average salaries of mechanical engineering, which are around the annual average of US $ 83,550, as of the date of greater than 2011, according to the Department of Labor Statistics (DEL). The 10% with the lowest salary received US $ 51,340 annually, while the 10% better payment received US $ 119,950 annually. These amounts apply to all types of mechanical engineering, with a minimum baccalaureate, but also to those who have a doctorate, which is a necessary degree for the research sector. The largest employers of mechanical engineers were architectural and engineering services, which offered $ 89,500 a year. The employers that paid the best are those that the DEL classifies as real estate landlords, who pay an average of US $ 119,380 annually.

Gender

Only 10% of the mechanical engineers who graduate are women, according to Georgetown University. Their annual earnings are on average US $ 70,000, while in comparison, the annual average of men is US $ 80,000 annually. These figures are comparable with 16% of engineering graduates, who are women, and have an average profit of US $ 62,000 per year. Males receive an annual average of US $ 79,000. The women graduated in engineering with higher annual salaries are those who studied chemical engineering, having an annual average of US $ 72,000. 72% of graduates, who are men, receive an average of US $ 92,000 annually.

Prospects

Approximately 38% of graduates in mechanical engineering obtained a master's degree in their work area. A master's degree offers a 28% increase in salary. This means that annual averages reach US $ 102,400, with 25% earning US $ 75,520 and the remaining 75% receiving US $ 135,680. Graduates can expect to find a 9% increase in the work environment between 2010 and 2020, which is less than the 14% increase expected for all other jobs in the United States. The greatest demand is in relation to architectural and engineering services, because many companies are outsourcing their mechanical engineers to reduce costs.

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