The annual salary statistics of mechanical engineers in Hickory-Lenoir-Morganton, North Carolina is shown in Table 1. The wage information of mechanical engineers in Hickory-Lenoir-Morganton 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 | $55,580 |
| 25th Percentile Wage | $72,150 |
| 50th Percentile Wage | $81,070 |
| 75th Percentile Wage | $104,850 |
| 90th Percentile Wage | $132,200 |
Table 1 shows the average annual salary for mechanical engineers in Hickory-Lenoir-Morganton, North Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $132,200. The median (50th percentile) annual salary is $81,070. The average annual salary for the bottom 10 percent earners is $55,580.
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 | $81,070 | 1.76% | 12.53% |
| 2021 | $79,640 | -0.31% | - |
| 2020 | $79,890 | -0.58% | - |
| 2019 | $80,350 | -1.48% | - |
| 2018 | $81,540 | 8.40% | - |
| 2017 | $74,690 | 0.79% | - |
| 2016 | $74,100 | -1.58% | - |
| 2015 | $75,270 | -4.49% | - |
| 2014 | $78,650 | 3.60% | - |
| 2013 | $75,820 | 6.48% | - |
| 2012 | $70,910 | - | - |
From Table 3 we note that the median annual salary of $81,070 in Hickory-Lenoir-Morganton is in the middle of salary range for mechanical engineers in state of North Carolina. In comparison, the annual salary of mechanical engineers in Hickory-Lenoir-Morganton is 14.1 percent (14.1%) lower than that in the highest paying Durham-Chapel Hill and 11.1 percent (11.1%) higher than that in the lowest paying Fayetteville.