The annual salary statistics of materials engineers in Oxnard-Thousand Oaks-Ventura, California is shown in Table 1. The wage information of materials 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 | $71,400 |
| 25th Percentile Wage | $83,510 |
| 50th Percentile Wage | $102,610 |
| 75th Percentile Wage | $114,410 |
| 90th Percentile Wage | $127,440 |
Table 1 shows the average annual salary for materials 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 $127,440. The median (50th percentile) annual salary is $102,610. The average annual salary for the bottom 10 percent earners is $71,400.
The table and chart below show the trend of the median salary of materials engineers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 4-Year Growth |
|---|---|---|---|
| 2022 | $102,610 | 3.84% | 16.68% |
| 2021 | $98,670 | 2.33% | - |
| 2020 | $96,370 | 10.97% | - |
| 2019 | $85,800 | 0.36% | - |
| 2018 | $85,490 | - | - |
From Table 3 we note that the median annual salary of $102,610 in Oxnard-Thousand Oaks-Ventura is in the middle of salary range for materials engineers in state of California. In comparison, the annual salary of materials engineers in Oxnard-Thousand Oaks-Ventura is 24.9 percent (24.9%) lower than that in the highest paying San Jose-Sunnyvale-Santa Clara and 13.0 percent (13.0%) higher than that in the lowest paying San Francisco-San Mateo-Redwood City.