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Mechanical Engineer Salary and Equity in 2024
How much do Mechanical Engineers expect to make at US-based startups? The average expected salary for Mechanical Engineers in a startup is 109k per year, with a range from 60k to 220k. The salary range for Mechanical Engineers varies depending on factors such as location, industry, experience, skills, and startup stage.
109.2k
Average Salary
3 years
Average years of experience
Salary
The average Mechanical Engineer salary is $109,167, which is 7.6% higher than the average startup salary of $101,417. Mechanical Engineer salaries are based on exclusive Wellfound data. All data is updated on a weekly basis. Factors that may influence salary include: location, years of experience, title, size of company, skill-set, and industry.
Top of market
$159,750/yr
Range $125k - $220k
Average
$109,167/yr
Range $75k - $150k
Below Average
$85,167/yr
Range $60k - $120k
Top Locations
The highest average salary a Mechanical Engineer can get in Seattle, that is $120,000. This pay is 9.9% higher than the average Mechanical Engineer salary in startups, which is $109,167. Salaries will vary based on your location. The top-paying markets in the US, on average, are currently: Seattle (avg $120,000 per year), Los Angeles (avg $115,000 per year), Austin (avg $95,000 per year). Remote jobs often pay based on the location you reside in.
Industries
The highest average salary a Mechanical Engineer can get in Renewable Energies, that is $165,000. This pay is 6.8% higher than the average Mechanical Engineer salary, which is $154,500. The highest-paying industries in 2023 are: Renewable Energies (avg $165,000 per year), Electric Vehicles (avg $165,000 per year), Manufacturing (avg $165,000 per year).
Years of experience
Below Average
Average
Top of Market
The highest average salary a Mechanical Engineer can get with 10+ years of experience, that is $140,000. This pay is 28.2% higher than the average Mechanical Engineer salary, which is $109,167. The salary range varies with years of experience and depends on other factors such as skill set, size of company, and industry.
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