The annual salary statistics of mechanical engineers in Mankato-North Mankato, Minnesota is shown in Table 1. The wage statistics of mechanical engineers in Mankato-North Mankato 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 | $54,810 |
| 25th Percentile Wage | $64,340 |
| 50th Percentile Wage | $76,360 |
| 75th Percentile Wage | $96,060 |
| 90th Percentile Wage | $109,140 |
Table 1 shows the average annual salary for mechanical engineers in Mankato-North Mankato, Minnesota in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $109,140. The median (50th percentile) annual salary is $76,360. The average annual salary for the bottom 10 percent earners is $54,810.
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 | $76,360 | -1.89% | 4.61% |
| 2021 | $77,800 | -5.86% | - |
| 2020 | $82,360 | 3.62% | - |
| 2019 | $79,380 | 2.14% | - |
| 2018 | $77,680 | 5.12% | - |
| 2017 | $73,700 | 4.74% | - |
| 2016 | $70,210 | 1.28% | - |
| 2015 | $69,310 | 5.67% | - |
| 2014 | $65,380 | -22.10% | - |
| 2013 | $79,830 | 8.76% | - |
| 2012 | $72,840 | - | - |
From Table 3 we note that the median annual salary of $76,360 in Mankato-North Mankato is in the middle of salary range for mechanical engineers in state of Minnesota. In comparison, the annual salary of mechanical engineers in Mankato-North Mankato is 4.6 percent (4.6%) lower than that in the highest paying Southeast Minnesota nonmetropolitan area and 7.1 percent (7.1%) higher than that in the lowest paying Northwest Minnesota nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Southeast Minnesota nonmetropolitan area | |
| Northeast Minnesota nonmetropolitan area | |
| St Cloud | |
| Mankato-North Mankato | |
| Rochester | |
| Southwest Minnesota nonmetropolitan area | |
| Northwest Minnesota nonmetropolitan area |