The annual salary statistics of mechanical engineers in Elkhart-Goshen, Indiana is shown in Table 1. The wage statistics of mechanical engineers in Elkhart-Goshen 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 | $51,980 |
| 25th Percentile Wage | $63,680 |
| 50th Percentile Wage | $79,680 |
| 75th Percentile Wage | $93,820 |
| 90th Percentile Wage | $100,690 |
Table 1 shows the average annual salary for mechanical engineers in Elkhart-Goshen, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $100,690. The median (50th percentile) annual salary is $79,680. The average annual salary for the bottom 10 percent earners is $51,980.
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 | $79,680 | 2.42% | 24.06% |
| 2021 | $77,750 | 5.48% | - |
| 2020 | $73,490 | 1.82% | - |
| 2019 | $72,150 | 6.29% | - |
| 2018 | $67,610 | 5.61% | - |
| 2017 | $63,820 | -4.15% | - |
| 2016 | $66,470 | -1.38% | - |
| 2015 | $67,390 | 0.86% | - |
| 2014 | $66,810 | 8.19% | - |
| 2013 | $61,340 | 1.35% | - |
| 2012 | $60,510 | - | - |
From Table 3 we note that the median annual salary of $79,680 in Elkhart-Goshen is in the middle of salary range for mechanical engineers in state of Indiana. In comparison, the annual salary of mechanical engineers in Elkhart-Goshen is 20.4 percent (20.4%) lower than that in the highest paying Columbus and 6.3 percent (6.3%) higher than that in the lowest paying Gary.
| Cities/Areas | Median Annual Salary |
|---|---|
| Columbus | |
| Lafayette-West Lafayette | |
| Kokomo | |
| Lafayette | |
| Bloomington | |
| Anderson | |
| Southern Indiana nonmetropolitan area | |
| Indianapolis-Carmel | |
| Michigan City-La Porte | |
| Fort Wayne | |
| Elkhart-Goshen | |
| Central Indiana nonmetropolitan area | |
| Muncie | |
| Northern Indiana nonmetropolitan area | |
| Terre Haute | |
| Gary |