The annual salary statistics of mechanical engineers in Cape Coral-Fort Myers, Florida is shown in Table 1. The wage statistics of mechanical engineers in Cape Coral-Fort Myers 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 | $50,070 |
| 25th Percentile Wage | $63,060 |
| 50th Percentile Wage | $80,750 |
| 75th Percentile Wage | $94,980 |
| 90th Percentile Wage | $120,420 |
Table 1 shows the average annual salary for mechanical engineers in Cape Coral-Fort Myers, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $120,420. The median (50th percentile) annual salary is $80,750. The average annual salary for the bottom 10 percent earners is $50,070.
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 | $80,750 | 1.68% | 36.12% |
| 2021 | $79,390 | 19.27% | - |
| 2020 | $64,090 | -17.46% | - |
| 2019 | $75,280 | -2.34% | - |
| 2018 | $77,040 | 23.25% | - |
| 2017 | $59,130 | 13.65% | - |
| 2013 | $51,060 | -1.02% | - |
| 2012 | $51,580 | - | - |
From Table 3 we note that the median annual salary of $80,750 in Cape Coral-Fort Myers is in the middle of salary range for mechanical engineers in state of Florida. In comparison, the annual salary of mechanical engineers in Cape Coral-Fort Myers is 33.2 percent (33.2%) lower than that in the highest paying Sebastian-Vero Beach and 14.2 percent (14.2%) higher than that in the lowest paying Miami-Miami Beach-Kendall.