Mechanical Engineering Technologists and Technicians in the Indianapolis-Carmel-Greenwood, IN area earn an average annual salary of $66,420. This figure is slightly below the national average of $72,470, indicating that while the demand is present, local market dynamics and potentially a more balanced supply of talent contribute to this compensation level.
Executive Summary
- Average Salary: $66,420 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $81,470.
- Outlook: The Indianapolis-Carmel-Greenwood area supports a local workforce of 280 Mechanical Engineering Technologists and Technicians, with a jobs-per-1,000-workers ratio of 0.253. The Location Quotient of 1.04 suggests a concentration of these roles that is slightly above the national average, pointing to a stable and potentially growing demand for skilled professionals in this sector within the region.
Salary Overview
The average Mechanical Engineering Technologists and Technicians in Indianapolis-Carmel-Greenwood, IN earns-8.3%below the national average.
$31.9
$1,277
$5,535
Mechanical Engineering Technologists and Technicians Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Mechanical Engineering Technologists and Technicians in Indianapolis-Carmel-Greenwood have seen consistent growth over the past four years, mirroring national trends. Factors such as inflation, increased demand for technical expertise, and advancements in engineering technologies likely contribute to upward pressure on compensation.
Mechanical Engineering Technologists and Technicians Salary Distribution in Indianapolis-Carmel-Greenwood, IN
Experience plays a significant role in the earning potential for Mechanical Engineering Technologists and Technicians. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with specialized skills and a proven track record can expect to earn considerably more, often reaching into the higher percentiles of the salary range. This progression highlights clear career advancement opportunities within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $48,580 | $23.4 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $49,815 | $23.9 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $65,790 | $31.6 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $83,025 | $39.9 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $81,470 | $39.2 |
Detailed Mechanical Engineering Technologists and Technicians Market Analysis
Relocation Context
Nominal Salary
$66,420
Gross Pay
Real Wage (Purchasing Power)
$66,420
Adjusted for COL (100)
The average annual salary of $66,420 in Indianapolis-Carmel-Greenwood aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers purchasing power equivalent to the national average, suggesting that the compensation is well-balanced with the general cost of goods and services in the area.
Job Market Context
280
Total Jobs
0.253
Per 1K Jobs
1.04
Location Quotient
With a location quotient of 1.04, Indianapolis-Carmel-Greenwood, IN has a slightly higher-than-average concentration of Mechanical Engineering Technologists and Technicians roles compared to the national norm.
With a Location Quotient of 1.04, the Indianapolis-Carmel-Greenwood metropolitan area exhibits a slightly higher concentration of Mechanical Engineering Technologists and Technicians compared to the national average. This indicates a healthy and established market for these professionals, suggesting that while the field is not overly saturated, there is a consistent demand that supports the current employment levels.
Nearby Job Markets
Nearby Cities for Mechanical Engineering Technologists and Technicians
Comparing salaries near Indianapolis-Carmel-Greenwood, IN
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Frequently Asked Questions
How much does a Mechanical Engineering Technologists and Technicians make in Indianapolis-Carmel-Greenwood, IN?
The median annual salary for a Mechanical Engineering Technologists and Technicians in Indianapolis-Carmel-Greenwood, IN is $66,420. This typically ranges from $48,580 for entry-level positions to $81,470 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Indianapolis-Carmel-Greenwood, IN is 8.3% lower than the national median of $72,470.
Is Indianapolis-Carmel-Greenwood, IN a lucrative place for Mechanical Engineering Technologists and Technicianss?
Yes, it offers competitive compensation relative to its cost of living.While the average salary is slightly below the national average, the cost of living is also at the national average, making the purchasing power comparable. The slightly above-average concentration of these roles also suggests stable demand.
Is Indianapolis-Carmel-Greenwood, IN a good place to live for Mechanical Engineering Technologists and Technicians?
The Cost of Living Index in Indianapolis-Carmel-Greenwood, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Indianapolis-Carmel-Greenwood, IN?
Some top paying nearby cities include Northern Indiana nonmetropolitan area ($57,590) and Southern Indiana nonmetropolitan area.
How does the Indianapolis salary compare to the national average?
The average salary for Mechanical Engineering Technologists and Technicians in Indianapolis-Carmel-Greenwood is $66,420, which is approximately $6,050 less than the national average of $72,470.
What is the Cost of Living in Indianapolis-Carmel-Greenwood, IN?
The Cost of Living Index for Indianapolis-Carmel-Greenwood, IN is 100, which is exactly the national average, indicating that the general cost of goods and services is neither higher nor lower than the typical U.S. metropolitan area.
How many Mechanical Engineering Technologists and Technicians work in Indianapolis?
There are approximately 280 Mechanical Engineering Technologists and Technicians employed in the Indianapolis-Carmel-Greenwood metropolitan area.
Is the job market for Mechanical Engineering Technologists and Technicians strong in Indianapolis?
The market is stable, with a Location Quotient of 1.04 suggesting a slightly higher concentration of these roles than the national average, indicating consistent demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 280 employees in the Indianapolis-Carmel-Greenwood, IN area with a job density of 0.253 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Mechanical Engineering Technologists and Technicians • Data source: BLS OEWS 2024 •Jobs in Indianapolis-Carmel-Greenwood, IN