SalaryNode

Average Mechanical Engineers Salary in Waco, TX

The average salary for a Mechanical Engineers in Waco, TX is $103,350. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $103,350 per year.
  • Growth Trend: Salaries have shifted 4.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $154,150.
  • Outlook: The current demand for Mechanical Engineerss is stable, with a local workforce of approximately 140 professionals. This role remains a specialized component of the broader Waco, TX economy.
2024 Market Data

Salary Overview

$103,350

The average Mechanical Engineers in Waco, TX earns-5.7%below the national average.

BreakdownBased on 40h/week
Hourly

$49.7

Weekly

$1,988

Monthly

$8,613

Mechanical Engineers Salary Distribution in Waco, TX

The earning potential for Mechanical Engineerss in Waco, TX varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $59,530, while highly experienced professionals can command wages upwards of $154,150.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$59,530$28.6
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$77,513$37.3
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$95,830$46.1
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$129,188$62.1
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$154,150$74.1

Detailed Mechanical Engineers Market Analysis

Relocation Context

Nominal Salary

$103,350

Gross Pay

Real Wage (Purchasing Power)

$103,350

Adjusted for COL (100)

In Waco, TX, the Cost of Living Index is 100. This increases your effective purchasing power from $103,350 to $103,350.

Job Market Context

140

Total Jobs

1.077

Per 1K Jobs

0.58

Location Quotient

Below Average

Waco, TX has 0.58x the national average concentration of Mechanical Engineers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

140 people work as Mechanical Engineers in Waco, TX.

1.077 out of every 1,000 local jobs are Mechanical Engineers positions — a typical concentration.

Nearby Job Markets

Hiring Mechanical Engineerss?

Frequently Asked Questions

How much does a Mechanical Engineers make in Waco, TX?

The median annual salary for a Mechanical Engineers in Waco, TX is $103,350. This typically ranges from $59,530 for entry-level positions to $154,150 for top-level roles.

How does the salary compare to the national average?

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

Is Waco, TX a good place for Mechanical Engineerss?

It depends on your priorities. While the average Mechanical Engineers salary in Waco, TX is $103,350 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Waco, TX. See distinct detailed breakdown below.

Is Waco, TX a good place to live for Mechanical Engineers?

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

Where are the highest paying cities near Waco, TX?

Some top paying nearby cities include North Region of Texas nonmetropolitan area ($104,200) and Northwestern Region of Texas nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 140 employees in the Waco, TX area with a job density of 1.077 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.