Engineers Get Top Pay
What is an engineering degree worth? Year after year, engineering jobs are paid the highest average starting salary. According to the U.S. Bureau of Labor Statistics (BLS) engineers have a median annual wage of $100,640 and the engineering field projects to have employment growth of 6 percent from 2020 to 2030—nearly 146,000 new jobs over the next decade.
One thing is certain: engineers will continue to play a major role in shaping the world of tomorrow. The bottom line: it is well worth the time and effort it takes to become an engineer. So how much do engineers make?
1: Figures from payscale.com, accessed May 2023
2, 3: Figures from National Occupational Employment and Wage Estimates, United States Department of Labor, dated May 2022
4: Electrical Engineering Technology figures from Recruiter.com for Private Sector, accessed May 2023