The annual salary statistics of aerospace engineers in Oxnard-Thousand Oaks-Ventura, California is shown in Table 1. The wage statistics of aerospace engineers in Oxnard-Thousand Oaks-Ventura is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $79,290 |
| 25th Percentile Wage | $100,190 |
| 50th Percentile Wage | $120,560 |
| 75th Percentile Wage | $141,450 |
| 90th Percentile Wage | $166,690 |
Table 1 shows the average annual salary for aerospace engineers in Oxnard-Thousand Oaks-Ventura, California in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $166,690. The median (50th percentile) annual salary is $120,560. The average annual salary for the bottom 10 percent earners is $79,290.
The table and chart below show the trend of the median salary of aerospace engineers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $120,560 | -0.07% | 51.78% |
| 2021 | $120,640 | -6.30% | - |
| 2020 | $128,240 | 13.97% | - |
| 2019 | $110,330 | 20.17% | - |
| 2015 | $88,080 | 30.82% | - |
| 2014 | $60,930 | 2.99% | - |
| 2013 | $59,110 | 1.64% | - |
| 2012 | $58,140 | - | - |
From Table 3 we note that the median annual salary of $120,560 in Oxnard-Thousand Oaks-Ventura is in the middle of salary range for aerospace engineers in state of California. In comparison, the annual salary of aerospace engineers in Oxnard-Thousand Oaks-Ventura is 27.8 percent (27.8%) lower than that in the highest paying San Francisco-Oakland-Fremont and 31.0 percent (31.0%) higher than that in the lowest paying Santa Cruz-Watsonville.