Can you make six figures as a mechanical engineer?

The BLS may have reported mean annual wages of nearly $93,000 (and a median wage of $87,370), but more experienced and higher-up mechanical engineers can make quite a bit more than that, and well into six figures. Even those who have not yet accrued a ton of experience in the field can make solid money.

How long does it take an engineer to make 6 figures?

The average industrial engineer salary is $90,500, so it would take about five years in the role to get up to a six-figure salary. There are 68,000 millennials who have this engineering job.

Can engineers earn 7 figures?

Not only can engineers expect to become millionaires, but most of the world’s millionaires actually have engineering degrees. Of course, not everyone who completes that credential will start with a seven-figure salary, but many of the world’s successful entrepreneurs have an engineering background.

How much does a mechanical engineer make in the US?

The average salary for a Mechanical Engineer in the United States is between $63,640 and $151,140 as of October 30, 2019. Salary ranges can vary widely depending on the actual Mechanical Engineer position you are looking for. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

How can I increase my earning potential as a mechanical engineer?

Here are some ways you can increase your earning potential as a mechanical engineer: Find high-paying industries: Some of the highest-paying industries for mechanical engineers are pharmaceuticals, aeronautics and nanotechnology. These industries are usually competitive, so it’s important to have a compelling resume to impress hiring managers.

Do technical engineers get paid more than generalists?

“Becoming a technical expert in a particular industry or product will command a higher salary than being a generalist engineer,” says Tom Goettl, vice president and principal recruiter for Konik PrimeStaff, a leading engineering recruiting company based in Edina, MN.

How much does a powertrain engineer make?

National average salary: $102,363 per year Primary duties: Powertrain engineers are mechanical engineers that work in the automotive industry. They improve the appearance and performance of engines, the powertrain, electrical components and software in modern vehicles.