Mechanical Engineering graduates earn an average annual wage of $136,006, making it one of the higher-paying degree fields. With 69,280 professionals in the field earning competitive wages, this degree offers strong career prospects.

Key Statistics

42,939
Total Degrees Awarded (2023)
Not reported in dataset
$9,930
Median In-State Public Tuition
Not reported in dataset
$45,730
Median Out-of-State Private Tuition
Not reported in dataset
$136,006
Average Wage
Not reported in dataset
69,280
People in Workforce
Not reported in dataset
N/A
Average Employee Age
Not reported in dataset

Institutions

Information about the types of higher education institutions that grant degrees in Mechanical Engineering and the types of students that study this field.

Tuition Costs for Common Institutions

$9,930 Median In-State Public

$45,730 Median Out of State Private

Tuition costs for Mechanical Engineering majors are, on average, $9,930 for in-state public colleges, and $45,730 for out of state private colleges.

Tuition costs comparison for Mechanical Engineering programs.

Degrees Awarded Over Time

42,939 Total Degrees Awarded in 2023

This chart shows the number of degrees awarded in Mechanical Engineering from 2015 to 2023.

Historical trend of degrees awarded in Mechanical Engineering.

Top 5 Schools by Enrollment

Schools with the largest enrollment offering Mechanical Engineering programs.

Top 5 Most Affordable Tuition

# School State Tuition
1 Pasadena City College CA $1,180
2 Collin County Community College District TX $1,864
3 Kilgore College TX $2,160
4 Austin Community College District TX $2,550
5 Odessa College TX $2,640

Schools with the lowest tuition costs for Mechanical Engineering programs.

Top 5 Most Affordable Net Price

# School State Net Price
1 Henry Ford College MI $576
2 Pasadena City College CA $3,123
3 CUNY City College NY $3,486
4 East Mississippi Community College MS $3,880
5 California State University-Los Angeles CA $4,113

Schools with the lowest net price (after financial aid) for Mechanical Engineering programs.

Graduation Rates

56.95% Median Graduation Rate (150% of normal time)

57.64% Average Graduation Rate

144 Institutions Reporting

43.28% - 72.24% Interquartile Range

Graduation/completion rates for Mechanical Engineering programs across institutions.

Employment

Information on the businesses and industries that employ Mechanical Engineering graduates and on wages and locations for those in the field.

Yearly Income for Common Jobs

$136,006 Average Wage in Workforce

The average salary for Mechanical Engineering majors is $136,006.

Average annual salaries of the most common occupations for Mechanical Engineering majors.

Occupations by Share

69,280 2023 Workforce

The number of Mechanical Engineering graduates in the workforce has been growing.

Various jobs filled by those with a major in Mechanical Engineering by share of the total number of graduates.

Return on Investment & Value

Financial analysis of Mechanical Engineering degree including debt, earnings, and return on investment metrics.

Financial Value Analysis

ROI data is not available for this degree program.

Financial value comparison for Mechanical Engineering degree.

Diversity

Demographic information for those who earn a degree in Mechanical Engineering in the United States.

Workforce Age

N/A Average Age in 2023

This chart shows distribution of ages for employees with a degree in Mechanical Engineering.

Age distribution for Mechanical Engineering degree holders in the workforce.

Gender Distribution

Gender distribution data is not available for this degree program.

Gender distribution of Mechanical Engineering degree recipients.

Race and Ethnicity Distribution

Race and ethnicity distribution data is not available for this degree program.

Racial and ethnic distribution of Mechanical Engineering degree recipients.

Degrees Awarded

The most common degree types awarded to students graduating in Mechanical Engineering are Bachelors Degree, Masters Degree, and Associates Degree.

Distribution of degree types awarded in Mechanical Engineering.

Skills

Data on the critical and distinctive skills necessary for those working in the Mechanical Engineering field from the Bureau of Labor Statistics.

Required Skills

Mechanical Engineering majors need many skills, but most especially Critical Thinking, Active Listening, and Reading Comprehension.

Rating of how necessary various skills are for Mechanical Engineering majors.

Skills Bar Chart

This bar chart shows the same information as the radar chart, displaying the importance of each skill.

Skill importance ratings for Mechanical Engineering majors.

About

Mechanical Engineering

In 2023, 42,939 degrees were awarded across all undergraduate and graduate programs in Mechanical Engineering.

CIP Code

00.1419 - Mechanical Engineering

Insights and Analysis

High Earning Potential: Mechanical Engineering graduates earn an average annual wage of $136,006, placing them among the top earners in the workforce. This strong earning potential reflects both the demand for skills in this field and the value employers place on this degree.

Data Sources

This page uses data from the following sources:

  • College Scorecard - U.S. Department of Education
    • Institutional characteristics, costs, completion rates, and earnings data
    • Data years: 2015-2024
    • Source: collegescorecard.ed.gov
  • Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS)
    • Employment and wage data by occupation
    • Latest data: May 2024
    • Source: bls.gov/oes
  • O*NET Online - U.S. Department of Labor
    • Occupational skills, knowledge, abilities, and work activities
    • Database version: 28.0 (August 2023)
    • Source: onetcenter.org
  • IPEDS (Integrated Postsecondary Education Data System) - National Center for Education Statistics
    • Institutional data, completions, enrollment, and financial aid
    • Data years: 2015-2024
    • Source: nces.ed.gov/ipeds
  • Census Bureau American Community Survey (ACS)
    • Demographic and workforce data
    • Latest data: 2023 ACS 5-Year Estimates
    • Source: census.gov/acs

Data Processing: All data has been processed, cleaned, and aggregated for presentation. Where specific data points are unavailable, estimates are based on available data and clearly marked.

Last Updated: Data reflects the most recent available information as of January 2025.

Methodology

Data for this profile is sourced from the U.S. Department of Education's College Scorecard dataset, IPEDS completion data, and Bureau of Labor Statistics employment data.

All financial figures are adjusted for inflation and represent the most recent available data. Employment and wage data are from the most recent Census Bureau ACS PUMS estimates.