In accordance with the Bureau of Labor Statistics, during the last 5 years, chemical engineers have … [+]
It’s fairly well-known amongst People that engineers are inclined to make an excellent sum of money, particularly in comparison with occupations in different fields. Although you possibly can grow to be an engineer after incomes only a bachelor’s diploma in an engineering discipline, many proceed their training to the grasp’s and even doctoral degree. Nevertheless, what’s much less well-known is which varieties of engineers earn essentially the most cash. In an effort to determine the very best paying engineering jobs, we analyzed knowledge from the Bureau of Labor Statistics’ (BLS) Occupational Employment Statistics (OES), and zeroed in on occupations that fall into their class Structure and Engineering Occupations, whereas ensuring to exclude architectural jobs.
Learn on to search out out the very best paying engineering jobs in 2023.
10 Highest Paying Engineering Jobs in 2023
Wanting on the highest paying engineering jobs of 2023, 12 jobs have common annual salaries in extra of $100,000. For comparability, the typical annual wage for All Occupations within the U.S. is $58,260 per 12 months. The opposite six highest paying engineering jobs have common annual salaries of over $87,000. What’s fascinating, although, is that some engineering jobs have skilled an outright decline in common annual pay during the last 5 years. As an illustration, the No. 1 highest paying engineering job in our listing skilled a decline of 0.89% from 2016 to 2021 (12 months the most recent BLS wage knowledge is offered for): From $147,030 all the way down to $145,720. Whereas that latter determine continues to be virtually $90,000 greater than the typical annual wage for All Occupations, it’s intriguing which engineering jobs witnessed a lower in wages, and which didn’t.
Under is a breakdown of the highest 10 highest paying engineering jobs in the USA:
1. Petroleum Engineers
Common Annual Petroleum Engineers Wage: $145,720
Common Hourly Petroleum Engineers Wage: $70.06
2. Laptop {Hardware} Engineers
Common Annual Laptop {Hardware} Engineers Wage: $136,230
Common Hourly Laptop {Hardware} Engineers Wage: $65.50
3. Aerospace Engineers
Common Annual Aerospace Engineers Wage: $122,970
Common Hourly Aerospace Engineers Wage: $59.12
4. Chemical Engineers
Common Annual Chemical Engineers Wage: $121,840
Common Hourly Chemical Engineers Wage: $58.58
5. Nuclear Engineers
Common Annual Nuclear Engineers Wage: $121,760
Common Hourly Nuclear Engineers Wage: $58.54
6. Electronics Engineers, Besides Laptop
Common Annual Electronics Engineers, Besides Laptop Wage: $115,490
Common Hourly Electronics Engineers, Besides Laptop Wage: $55.53
7. Electrical Engineers
Common Annual Electrical Engineers Wage: $107,890
Common Hourly Electrical Engineers Wage: $51.87
8. Engineers, All Different
Common Annual Engineers, All Different Wage: $107,800
Common Hourly Engineers, All Different Wage: $51.83
9. Supplies Engineers
Common Annual Supplies Engineers Wage: $101,950
Common Hourly Supplies Engineers Wage: $49.02
10. Bioengineers and Biomedical Engineers
Common Annual Bioengineers and Biomedical Engineers Wage: $101,020
Common Hourly Bioengineers and Biomedical Engineers Wage: $48.57
Traits within the Highest Paying Engineering Jobs
There are some noteworthy traits relating to the very best paying engineering jobs. The engineering occupation that skilled the most important progress in common annual pay is Chemical Engineers, which elevated by 15.58%, from $105,420 in 2016 to $121,840 in 2021. Nuclear Engineers are available second place right here, seeing its common annual wage improve by 14.92% over the identical interval: From $105,950 to $121,760. And the engineering job with the third highest progress during the last 5 years is Laptop {Hardware} Engineers, which elevated by 14.77%: From $118,700 to $136,230.
Under you’ll discover a desk of all highest paying engineering jobs within the U.S. that the BLS has wage knowledge for. Included within the desk are the occupation titles, common hourly wages, common annual wages, and alter during the last 5 years:
