The annual salary statistics of mechanical engineers in Waterloo-Cedar Falls, Iowa is shown in Table 1. The wage data of mechanical engineers in Waterloo-Cedar Falls 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 | $80,460 |
| 25th Percentile Wage | $84,550 |
| 50th Percentile Wage | $103,070 |
| 75th Percentile Wage | $116,050 |
| 90th Percentile Wage | $129,530 |
Table 1 shows the average annual salary for mechanical engineers in Waterloo-Cedar Falls, Iowa in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $129,530. The median (50th percentile) annual salary is $103,070. The average annual salary for the bottom 10 percent earners is $80,460.
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 | $103,070 | 3.92% | 40.32% |
| 2021 | $99,030 | 11.68% | - |
| 2018 | $87,460 | 19.73% | - |
| 2017 | $70,200 | -8.30% | - |
| 2016 | $76,030 | 2.45% | - |
| 2015 | $74,170 | -0.36% | - |
| 2014 | $74,440 | 11.94% | - |
| 2013 | $65,550 | 6.16% | - |
| 2012 | $61,510 | - | - |
From Table 3 we note that with a median annual salary of $103,070, Waterloo-Cedar Falls is the highest paying city for mechanical engineers in state of Iowa, followed by Dubuque (median annual salary $99,580). In comparison, the median annual salary of mechanical engineers in Waterloo-Cedar Falls is 3.4 percent (3.4%) higher than that in Dubuque.
| Cities/Areas | Median Annual Salary |
|---|---|
| Waterloo-Cedar Falls | |
| Dubuque | |
| Ames | |
| Des Moines-West Des Moines | |
| Davenport-Moline-Rock Island | |
| Northeast Iowa nonmetropolitan area | |
| Southeast Iowa nonmetropolitan area | |
| Iowa City | |
| Cedar Rapids | |
| Northwest Iowa nonmetropolitan area | |
| Southwest Iowa nonmetropolitan area |