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How Much Does a Car Engineer Make?
Factors Affecting Salary
The salary of a car engineer can vary depending on a number of factors, including:
- Experience: Car engineers with more experience typically earn higher salaries.
- Education: Car engineers with a master’s or doctorate degree typically earn higher salaries than those with a bachelor’s degree.
- Location: Car engineers working in large metropolitan areas typically earn higher salaries than those working in smaller areas.
- Industry: Car engineers working in the automotive industry typically earn higher salaries than those working in other industries.
- Company size: Car engineers working for large companies typically earn higher salaries than those working for small companies.
Average Salary
According to the U.S. Bureau of Labor Statistics, the median annual salary for car engineers was $80,420 as of May 2019. The lowest 10 percent earned less than $48,000, and the highest 10 percent earned more than $130,650.
Job Outlook
The job outlook for car engineers is expected to be good over the next few years. The increasing demand for new and more efficient cars is expected to lead to increased demand for car engineers.
Conclusion
The salary of a car engineer can vary depending on a number of factors. However, the median salary is $80,420 and the job outlook is expected to be good over the next few years.
