The annual salary statistics of mechanical engineers in Fort Collins-Loveland, Colorado is shown in Table 1. The wage data of mechanical engineers in Fort Collins-Loveland 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 | $62,380 |
| 25th Percentile Wage | $77,720 |
| 50th Percentile Wage | $95,710 |
| 75th Percentile Wage | $108,910 |
| 90th Percentile Wage | $132,240 |
Table 1 shows the average annual salary for mechanical engineers in Fort Collins-Loveland, Colorado in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $132,240. The median (50th percentile) annual salary is $95,710. The average annual salary for the bottom 10 percent earners is $62,380.
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 | $95,710 | 16.79% | 17.27% |
| 2021 | $79,640 | -2.47% | - |
| 2020 | $81,610 | -5.18% | - |
| 2019 | $85,840 | 0.44% | - |
| 2018 | $85,460 | 2.27% | - |
| 2017 | $83,520 | 6.32% | - |
| 2016 | $78,240 | 3.80% | - |
| 2015 | $75,270 | -0.86% | - |
| 2014 | $75,920 | 4.29% | - |
| 2013 | $72,660 | -8.97% | - |
| 2012 | $79,180 | - | - |
From Table 3 we note that the median annual salary of $95,710 in Fort Collins-Loveland is in the middle of salary range for mechanical engineers in state of Colorado. In comparison, the annual salary of mechanical engineers in Fort Collins-Loveland is 6.1 percent (6.1%) lower than that in the highest paying Denver-Aurora-Broomfield and 19.8 percent (19.8%) higher than that in the lowest paying Grand Junction.
| Cities/Areas | Median Annual Salary |
|---|---|
| Denver-Aurora-Broomfield | |
| Boulder | |
| West Colorado nonmetropolitan area | |
| Fort Collins-Loveland | |
| Colorado Springs | |
| Greeley | |
| Pueblo | |
| Northcentral Colorado nonmetropolitan area | |
| Grand Junction |