If you are asking yourself, What is the annual salary for an engineer, then this information is something that you need to know. Engineers are trained professionals who study various subjects during their stay in schools and colleges. By the time they get their diploma or degree they have mastered their subject of specialization.
The median annual salary for an engineer was $84,000 in 2017. The lowest 10 percent earned less than $52,000 and the highest 10 percent earned more than $137,000.
What is the annual salary for an engineer
Introduction
What is the annual salary for an engineer. There are a few factors that affect the average salary of an engineer like years of experience, skills, and job title.
What is the annual salary for an engineer
The average annual salary for an engineer is $82,000, but the starting salary can be significantly lower than that. According to data from the Bureau of Labor Statistics, the average starting salary for engineers with a bachelor’s degree is $62,000; those with master’s degrees make about $5,000 more.
The highest-paid engineers earn more than six figures—but it depends on their education level and experience. A survey conducted by PayScale suggests that median pay for aerospace engineers hovers around $95K annually (with a low end of about $80K and high end closer to $110K). At this rate, you’ll earn more working as an aerospace engineer than any other type of engineer in America—but keep in mind that not all jobs are created equal.
Top seven paying engineering majors
- Computer engineering
- Chemical engineering
- Aerospace engineering
- Mechanical engineering
- Electrical engineering
- Civil engineering
Computer engineering
According to the Bureau of Labor Statistics, the average annual salary for a computer engineer was $84,000 in 2018. This is one of the highest-paying occupations in America, but it’s not the only one with a high income.
The Bureau also reports that some of the highest paying industries for computer engineers include:
- Computer systems design services ($105,000)
- Software Publishers ($99,000)
- Scientific research and development services ($91,000)
Conclusion
As you can see, the list above shows a wide range of annual salaries for engineering majors. It also makes clear that there are some majors which pay more than others. The highest paying field on average is computer engineers who earn an annual salary of $89,000.
