The annual salary statistics of mechanical engineers in Saginaw-Saginaw Township North, Michigan is shown in Table 1. The wage data of mechanical engineers in Saginaw-Saginaw Township North 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 | $61,680 |
| 25th Percentile Wage | $79,690 |
| 50th Percentile Wage | $90,530 |
| 75th Percentile Wage | $102,370 |
| 90th Percentile Wage | $134,490 |
Table 1 shows the average annual salary for mechanical engineers in Saginaw-Saginaw Township North, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $134,490. The median (50th percentile) annual salary is $90,530. The average annual salary for the bottom 10 percent earners is $61,680.
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 | $90,530 | -2.36% | 19.97% |
| 2021 | $92,670 | 1.65% | - |
| 2020 | $91,140 | 29.04% | - |
| 2019 | $64,670 | 5.07% | - |
| 2018 | $61,390 | -23.34% | - |
| 2017 | $75,720 | 8.21% | - |
| 2016 | $69,500 | -9.54% | - |
| 2015 | $76,130 | 5.70% | - |
| 2014 | $71,790 | -11.46% | - |
| 2013 | $80,020 | 9.46% | - |
| 2012 | $72,450 | - | - |
From Table 3 we note that the median annual salary of $90,530 in Saginaw-Saginaw Township North is in the middle of salary range for mechanical engineers in state of Michigan. In comparison, the annual salary of mechanical engineers in Saginaw-Saginaw Township North is 9.2 percent (9.2%) lower than that in the highest paying Detroit-Warren-Livonia and 25.6 percent (25.6%) higher than that in the lowest paying Holland-Grand Haven.