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Average Mechanical Engineers Salary in Oxnard-Thousand Oaks-Ventura, CA

Mechanical Engineers in the Oxnard-Thousand Oaks-Ventura, CA area earn an impressive average annual salary of $116,390. This figure significantly surpasses the national average of $109,640, indicating a strong local demand for specialized engineering talent. Factors such as the region's specific industry needs and a concentrated pool of opportunities likely contribute to this elevated compensation.

Executive Summary

  • Average Salary: $116,390 per year.
  • Growth Trend: Salaries have shifted 13.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $158,100.
  • Outlook: With a local workforce of approximately 800 Mechanical Engineers and a Location Quotient of 1.35, the job market in Oxnard-Thousand Oaks-Ventura, CA, demonstrates a healthy concentration of these professionals. This suggests a robust demand that outpaces the national average, signaling a stable and potentially growing employment landscape for mechanical engineering roles in the region.
2024 Market Data

Salary Overview

$116,390

The average Mechanical Engineers in Oxnard-Thousand Oaks-Ventura, CA earns+6.2%above the national average.

BreakdownBased on 40h/week
Hourly

$56

Weekly

$2,238

Monthly

$9,699

Mechanical Engineers Salary Distribution in Oxnard-Thousand Oaks-Ventura, CA

Salary progression for Mechanical Engineers in Oxnard-Thousand Oaks-Ventura, CA, typically scales with experience. Entry-level positions may start closer to the lower percentiles, while senior engineers with extensive expertise and specialized skills can command salaries in the upper percentiles. The observed salary distribution, with its distinct gaps between experience levels, clearly signifies a rewarding career path with substantial earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$77,100$37.1
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$87,293$42
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$110,300$53
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$145,488$69.9
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$158,100$76

Detailed Mechanical Engineers Market Analysis

Relocation Context

Nominal Salary

$116,390

Gross Pay

Real Wage (Purchasing Power)

$116,390

Adjusted for COL (100)

The average annual salary of $116,390 in Oxnard-Thousand Oaks-Ventura, CA, aligns perfectly with the national average cost of living (index of 100). This means that the higher nominal salary translates directly into equivalent purchasing power compared to the national average, making the region financially attractive for Mechanical Engineers.

Job Market Context

800

Total Jobs

2.502

Per 1K Jobs

1.35

Location Quotient

Above Average

With a location quotient of 1.35, Oxnard-Thousand Oaks-Ventura, CA has a slightly higher-than-average concentration of Mechanical Engineers roles compared to the national norm.

A Location Quotient of 1.35 for Mechanical Engineers in Oxnard-Thousand Oaks-Ventura, CA, indicates that this profession is 35% more concentrated here than in the average U.S. location. This suggests a specialized market with potentially higher demand relative to the general job pool, making it a favorable environment for those in this field.

Nearby Job Markets

Nearby Cities for Mechanical Engineers

Comparing salaries near Oxnard-Thousand Oaks-Ventura, CA

Hiring Mechanical Engineerss?

Frequently Asked Questions

How much does a Mechanical Engineers make in Oxnard-Thousand Oaks-Ventura, CA?

The median annual salary for a Mechanical Engineers in Oxnard-Thousand Oaks-Ventura, CA is $116,390. This typically ranges from $77,100 for entry-level positions to $158,100 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Oxnard-Thousand Oaks-Ventura, CA is 6.2% higher than the national median of $109,640.

Is Oxnard-Thousand Oaks-Ventura, CA a lucrative place for Mechanical Engineers?

Yes, it is a lucrative place for Mechanical Engineers.Mechanical Engineers in this area earn significantly above the national average salary, and the cost of living is on par with the national average, offering excellent purchasing power.

Is Oxnard-Thousand Oaks-Ventura, CA a good place to live for Mechanical Engineers?

The Cost of Living Index in Oxnard-Thousand Oaks-Ventura, CA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Oxnard-Thousand Oaks-Ventura, CA?

Some top paying nearby cities include Los Angeles-Long Beach-Anaheim, CA ($120,890) and Bakersfield-Delano, CA.

How does the Oxnard-Thousand Oaks-Ventura, CA salary compare to the national average?

The average salary for Mechanical Engineers in Oxnard-Thousand Oaks-Ventura, CA, is $116,390, which is higher than the national average of $109,640.

What is the concentration of Mechanical Engineers in this area?

The Location Quotient of 1.35 signifies that Mechanical Engineers are 35% more concentrated in Oxnard-Thousand Oaks-Ventura, CA, compared to the national average.

Does the cost of living affect the value of a Mechanical Engineer's salary here?

No, the local cost of living index is 100, which is the national average. Therefore, the higher salary directly translates to strong purchasing power.

How many Mechanical Engineers work in the Oxnard-Thousand Oaks-Ventura, CA area?

There are approximately 800 Mechanical Engineers employed within the Oxnard-Thousand Oaks-Ventura, CA region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 800 employees in the Oxnard-Thousand Oaks-Ventura, CA area with a job density of 2.502 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.