How Much Money Do Car Engineers Make?
Factors Affecting Salary
The salary of a car engineer can vary depending on a number of factors, including:
- Education and experience
- Industry
- Location
Education and Experience
Car engineers typically need a bachelor’s degree in mechanical engineering or a related field. Some employers may also require a master’s degree. Engineers with more experience generally earn higher salaries than those with less experience.
Industry
The salary of a car engineer can also vary depending on the industry in which they work. For example, car engineers who work in the automotive industry typically earn higher salaries than those who work in other industries.
Location
The salary of a car engineer can also vary depending on the location of their job. For example, car engineers who work in large metropolitan areas typically earn higher salaries than those who work in smaller cities.
Average Salary
According to the U.S. Bureau of Labor Statistics, the median annual salary for car engineers was $85,500 in May 2020. The lowest 10 percent of car engineers earned less than $52,410, and the highest 10 percent earned more than $137,910.
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 fuel-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, including education and experience, industry, location, and job outlook. However, the median annual salary for car engineers is $85,500, and the job outlook is expected to be good over the next few years.
