The annual salary statistics of mechanical engineers in Indianapolis-Carmel, Indiana is shown in Table 1. The wage information of mechanical engineers in Indianapolis-Carmel 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 | $52,780 |
| 25th Percentile Wage | $66,300 |
| 50th Percentile Wage | $83,070 |
| 75th Percentile Wage | $103,440 |
| 90th Percentile Wage | $124,890 |
Table 1 shows the average annual salary for mechanical engineers in Indianapolis-Carmel, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $124,890. The median (50th percentile) annual salary is $83,070. The average annual salary for the bottom 10 percent earners is $52,780.
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 | $83,070 | 5.80% | 14.66% |
| 2021 | $78,250 | -7.59% | - |
| 2020 | $84,190 | -2.77% | - |
| 2019 | $86,520 | 2.43% | - |
| 2018 | $84,420 | 4.90% | - |
| 2017 | $80,280 | 5.49% | - |
| 2016 | $75,870 | -1.86% | - |
| 2015 | $77,280 | 2.55% | - |
| 2014 | $75,310 | 0.66% | - |
| 2013 | $74,810 | 5.24% | - |
| 2012 | $70,890 | - | - |
From Table 3 we note that the median annual salary of $83,070 in Indianapolis-Carmel is in the middle of salary range for mechanical engineers in state of Indiana. In comparison, the annual salary of mechanical engineers in Indianapolis-Carmel is 17.0 percent (17.0%) lower than that in the highest paying Columbus and 10.1 percent (10.1%) 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 |