The annual salary statistics of mechanical engineers in Oxnard-Thousand Oaks-Ventura, California is shown in Table 1. The wage data of mechanical 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 | $63,710 |
| 25th Percentile Wage | $76,230 |
| 50th Percentile Wage | $98,840 |
| 75th Percentile Wage | $121,600 |
| 90th Percentile Wage | $141,040 |
Table 1 shows the average annual salary for mechanical 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 $141,040. The median (50th percentile) annual salary is $98,840. The average annual salary for the bottom 10 percent earners is $63,710.
The table and chart below show the trend of the median salary of mechanical engineers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $98,840 | 1.77% | 9.28% |
| 2021 | $97,090 | -4.38% | - |
| 2020 | $101,340 | 11.12% | - |
| 2019 | $90,070 | -0.27% | - |
| 2018 | $90,310 | 2.72% | - |
| 2017 | $87,850 | -7.60% | - |
| 2016 | $94,530 | 0.93% | - |
| 2015 | $93,650 | 1.36% | - |
| 2014 | $92,380 | -1.60% | - |
| 2013 | $93,860 | 4.46% | - |
| 2012 | $89,670 | - | - |
From Table 3 we note that the median annual salary of $98,840 in Oxnard-Thousand Oaks-Ventura is in the middle of salary range for mechanical engineers in state of California. In comparison, the annual salary of mechanical engineers in Oxnard-Thousand Oaks-Ventura is 25.7 percent (25.7%) lower than that in the highest paying San Francisco-Oakland-Fremont and 37.4 percent (37.4%) higher than that in the lowest paying North Coast Region of California nonmetropolitan area.