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Average Mechanical Engineers Salary in Toledo, OH

Mechanical Engineers in Toledo, OH, command an average annual salary of $103,370, slightly below the national average of $109,640. This localized pay rate reflects the specific economic drivers and industry demands within the Toledo metropolitan area, influencing compensation for skilled engineering professionals.

Executive Summary

  • Average Salary: $103,370 per year.
  • Growth Trend: Salaries have shifted 25.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $136,110.
  • Outlook: With a local workforce of approximately 700 Mechanical Engineers, Toledo presents a stable, albeit not exceptionally large, job market for this profession. The Location Quotient of 1.29 indicates a slightly higher concentration of Mechanical Engineers compared to the national average, suggesting a consistent demand for their expertise within the region's industrial landscape.
2024 Market Data

Salary Overview

$103,370

The average Mechanical Engineers in Toledo, OH earns-5.7%below the national average.

BreakdownBased on 40h/week
Hourly

$49.7

Weekly

$1,988

Monthly

$8,614

Mechanical Engineers Salary Distribution in Toledo, OH

Salary progression for Mechanical Engineers in Toledo, as elsewhere, is strongly tied to experience and specialization. Entry-level positions typically start at a lower percentile, while senior engineers with extensive project management and design expertise can command salaries significantly above the average. The widening gap between entry-level and senior roles signifies clear opportunities for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$60,780$29.2
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$77,528$37.3
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$90,400$43.5
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$129,213$62.1
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$136,110$65.4

Detailed Mechanical Engineers Market Analysis

Relocation Context

Nominal Salary

$103,370

Gross Pay

Real Wage (Purchasing Power)

$103,370

Adjusted for COL (100)

The average nominal salary of $103,370 in Toledo, OH, is particularly attractive given the local Cost of Living Index of 100, which is precisely at the national average. This means that the purchasing power of a Mechanical Engineer's salary in Toledo is equivalent to the national standard, allowing for a comparable lifestyle without the financial strain of higher living expenses.

Job Market Context

700

Total Jobs

2.397

Per 1K Jobs

1.29

Location Quotient

Above Average

With a location quotient of 1.29, Toledo, OH has a slightly higher-than-average concentration of Mechanical Engineers roles compared to the national norm.

A Location Quotient of 1.29 signifies that Toledo has a notable concentration of Mechanical Engineers relative to its overall workforce size when compared to the national average. This suggests a robust and active job market for these professionals, indicating that employers in the region actively seek and value mechanical engineering talent, potentially leading to competitive opportunities.

Nearby Job Markets

Nearby Cities for Mechanical Engineers

Comparing salaries near Toledo, OH

Hiring Mechanical Engineerss?

Frequently Asked Questions

How much does a Mechanical Engineers make in Toledo, OH?

The median annual salary for a Mechanical Engineers in Toledo, OH is $103,370. This typically ranges from $60,780 for entry-level positions to $136,110 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Toledo, OH is 5.7% lower than the national median of $109,640.

Is Toledo, OH a lucrative place for Mechanical Engineers?

Yes, Toledo, OH offers a competitive salary for Mechanical Engineers.The average salary of $103,370 is strong, especially when paired with a Cost of Living Index matching the national average, ensuring good purchasing power.

Is Toledo, OH a good place to live for Mechanical Engineers?

The Cost of Living Index in Toledo, OH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Toledo, OH?

Some top paying nearby cities include Monroe, MI ($96,610) and Ann Arbor, MI.

How does Toledo's Mechanical Engineer salary compare to the national average?

Mechanical Engineers in Toledo earn an average of $103,370 annually, which is slightly lower than the national average of $109,640.

What is the concentration of Mechanical Engineers in Toledo?

Toledo has a Location Quotient of 1.29 for Mechanical Engineers, indicating a higher concentration than the national average, suggesting a strong local presence of the profession.

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

No, the Cost of Living Index in Toledo is 100, matching the national average. This means the $103,370 salary has the same purchasing power as the national average salary.

How many Mechanical Engineers are employed in Toledo?

There are approximately 700 Mechanical Engineers working in Toledo, OH, representing a stable segment of the local engineering workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 700 employees in the Toledo, OH area with a job density of 2.397 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.