Average Mechanical Engineers Salary in Madison, WI
Mechanical Engineers in Madison, WI, command an average annual salary of $103,010. This figure is slightly below the national average of $109,640, but local economic factors and industry demand in the region contribute to this competitive compensation. Madison's specific industrial landscape and the concentration of engineering roles play a significant part in shaping local pay scales.
Executive Summary
- Average Salary: $103,010 per year.
- Growth Trend: Salaries have shifted 13.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $135,710.
- Outlook: With a local workforce of 1,070 Mechanical Engineers, Madison, WI, demonstrates a notable concentration of talent, indicated by a Location Quotient of 1.42. This suggests that the demand for these professionals in Madison is 42% higher than the national average, pointing towards a robust job market with significant opportunities for skilled engineers.
Salary Overview
The average Mechanical Engineers in Madison, WI earns-6.0%below the national average.
$49.5
$1,981
$8,584
Mechanical Engineers Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that Mechanical Engineer salaries in Madison, WI, have experienced consistent growth over the past four years, mirroring national trends. Factors such as inflation, increasing demand for specialized engineering skills, and the overall economic health of the region likely contribute to a positive salary trajectory for these professionals.
Mechanical Engineers Salary Distribution in Madison, WI
The salary spectrum for Mechanical Engineers in Madison, WI, naturally widens with experience. Entry-level positions typically start at a lower percentile, while senior and lead engineers can command salaries significantly above the average. The gap between the 25th percentile (entry-level) and the 75th percentile (experienced) reflects substantial career progression and earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $75,610 | $36.4 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $77,258 | $37.1 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $96,680 | $46.5 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $128,763 | $61.9 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $135,710 | $65.2 |
Detailed Mechanical Engineers Market Analysis
Relocation Context
Nominal Salary
$103,010
Gross Pay
Real Wage (Purchasing Power)
$103,010
Adjusted for COL (100)
The average annual salary of $103,010 in Madison, WI, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Mechanical Engineer's salary in Madison is equivalent to the national average, offering a stable financial environment without the added pressure of higher living expenses.
Job Market Context
1,070
Total Jobs
2.644
Per 1K Jobs
1.42
Location Quotient
With a location quotient of 1.42, Madison, WI has a slightly higher-than-average concentration of Mechanical Engineers roles compared to the national norm.
Madison, WI, exhibits a strong concentration of Mechanical Engineers, as evidenced by a Location Quotient of 1.42. This indicates a market where these professionals are in higher demand relative to the national average. Such a concentration suggests a specialized local industry or a significant presence of companies actively seeking mechanical engineering expertise, potentially leading to more job openings and competitive offers.
Nearby Job Markets
Nearby Cities for Mechanical Engineers
| City | Salary | Dist. |
|---|---|---|
| Janesville-Beloit, WI Mechanical Engineers Salary | $99,520↓ 3% | 33 mi |
| Rockford, IL Mechanical Engineers Salary | $95,320↓ 7% | 59 mi |
| Fond du Lac, WI Mechanical Engineers Salary | $106,740↑ 4% | 68 mi |
| Milwaukee-Waukesha, WI Mechanical Engineers Salary | $99,230↓ 4% | 72 mi |
| Oshkosh-Neenah, WI Mechanical Engineers Salary | $95,400↓ 7% | 77 mi |
Comparing salaries near Madison, WI
Hiring Mechanical Engineerss?
Frequently Asked Questions
How much does a Mechanical Engineers make in Madison, WI?
The median annual salary for a Mechanical Engineers in Madison, WI is $103,010. This typically ranges from $75,610 for entry-level positions to $135,710 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Madison, WI is 6.0% lower than the national median of $109,640.
Is Madison, WI a lucrative place for Mechanical Engineers?
Yes, Madison, WI offers a lucrative environment for Mechanical Engineers.Mechanical Engineers in Madison earn a competitive average salary of $103,010, which holds strong purchasing power due to the national average cost of living. The high concentration of these roles (LQ 1.42) further indicates robust local demand.
Is Madison, WI a good place to live for Mechanical Engineers?
The Cost of Living Index in Madison, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Madison, WI?
Some top paying nearby cities include Janesville-Beloit, WI ($99,520) and Rockford, IL.
How does Madison's Mechanical Engineer salary compare to the national average?
The average salary for Mechanical Engineers in Madison, WI, is $103,010, which is slightly lower than the national average of $109,640.
What is the concentration of Mechanical Engineers in Madison, WI?
Madison, WI has a higher concentration of Mechanical Engineers than the national average, with a Location Quotient of 1.42, indicating 42% more presence than the national norm.
How does the cost of living in Madison, WI affect salary perception?
With a Cost of Living Index of 100, Madison's cost of living is exactly at the national average, meaning the $103,010 salary offers purchasing power equivalent to the national average.
What does the job market look like for Mechanical Engineers in Madison, WI?
The job market in Madison, WI, appears robust for Mechanical Engineers, with a significant local workforce and a higher-than-average concentration of these roles, suggesting strong demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,070 employees in the Madison, WI area with a job density of 2.644 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 Engineers • Data source: BLS OEWS 2024 •Jobs in Madison, WI