The annual salary statistics of mechanical engineers in Lawrence-Methuen-Salem, New Hampshire is shown in Table 1. The wage information of mechanical engineers in Lawrence-Methuen-Salem 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 | $58,880 |
| 25th Percentile Wage | $69,600 |
| 50th Percentile Wage | $83,750 |
| 75th Percentile Wage | $100,710 |
| 90th Percentile Wage | $124,760 |
Table 1 shows the average annual salary for mechanical engineers in Lawrence-Methuen-Salem, New Hampshire in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $124,760. The median (50th percentile) annual salary is $83,750. The average annual salary for the bottom 10 percent earners is $58,880.
The table and chart below show the trend of the median salary of mechanical engineers from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $83,750 | 3.89% | 2.75% |
| 2016 | $80,490 | -0.42% | - |
| 2015 | $80,830 | -8.50% | - |
| 2014 | $87,700 | -2.41% | - |
| 2013 | $89,810 | 9.31% | - |
| 2012 | $81,450 | - | - |
From Table 3 we note that the median annual salary of $83,750 in Lawrence-Methuen-Salem is in the middle of salary range for mechanical engineers in state of New Hampshire. In comparison, the annual salary of mechanical engineers in Lawrence-Methuen-Salem is 20.9 percent (20.9%) lower than that in the highest paying Lowell-Billerica-Chelmsford and 10.7 percent (10.7%) higher than that in the lowest paying Northern New Hampshire nonmetropolitan area.