How Much Do Car Engineers Make An Hour?
Factors that Affect Salary
The salary of a car engineer can vary depending on a number of factors, including:
- Education and Experience: Car engineers with higher levels of education and experience typically earn more than those with less education and experience.
- Industry: Car engineers who work in the automotive industry typically earn more than those who work in other industries.
- Location: Car engineers who work in large metropolitan areas typically earn more than those who work in smaller cities or rural areas.
- Company Size: Car engineers who work for large companies typically earn more than those who work for small companies.
Average Salary
According to the U.S. Bureau of Labor Statistics, the median annual salary for car engineers was $87,530 in May 2021. This means that half of all car engineers earned more than $87,530, and half earned less.
The lowest 10 percent of car engineers earned less than $53,930, and the highest 10 percent earned more than $144,360.
Hourly Wage
To calculate the hourly wage for a car engineer, we can divide the annual salary by the number of hours worked per year.
Most car engineers work 40 hours per week, or 2,080 hours per year.
Therefore, the average hourly wage for a car engineer is $87,530 / 2,080 = $42.13.
Top Paying Industries
The top paying industries for car engineers are:
- Automotive Manufacturing
- Aerospace and Defense
- Computer and Electronics Manufacturing
- Research and Development
- Management Consulting
Top Paying States
The top paying states for car engineers are:
- California
- Michigan
- Texas
- Ohio
- Indiana
Job Outlook
The job outlook for car engineers is expected to be good over the next decade.
The increasing demand for fuel-efficient and environmentally friendly vehicles is expected to drive job growth for car engineers.
In addition, the growing use of technology in cars is expected to create new opportunities for car engineers.
Conclusion
Car engineers are in high demand and earn a good salary.
The job outlook for car engineers is expected to be good over the next decade.
If you are interested in a career as a car engineer, you should consider getting a degree in mechanical engineering or a related field.
