A career path in industrial engineering offers one with job security and high-earning potential. According to the Bureau of Labor Statistics, industrial engineering jobs are expected to grow faster than average between 2016 and 2026 thanks to its 10-percent growth rate. Data from the Bureau of Labor Statistics also revealed that industrial engineers in the United States made an average of $87,040 per year, as of May 2018. But the industrial engineering salary you earn may look different depending on where you work. That’s why it’s important to compare the earnings of industrial engineers across the United States.
Several factors can affect the salary you make as an industrial engineer, including your skill set, work experience, and education level. Most industrial engineers hold at least a bachelor’s degree. But some also go on to pursue post-graduate degrees at the masters or doctorate level.
Similar to some of the highest paid engineering majors in the world, industrial engineering degree programs help you develop a technical and practical skill set.
The skills you build to become an industrial engineer help you perform various tasks typical of industrial engineering jobs, such as designing and testing integrated systems. Industrial engineers may also have skills in project management, Six Sigma, lean manufacturing, and value stream mapping.
Each skill you build may make you more attractive to employers who may offer you a higher salary for having the preferred skills they need as an industrial engineer.
Also, the company or organization you work for may impact how much you make as an industrial engineer.
For example, the salaries for industrial engineering jobs at Boeing average $75,424 per year compared to UPS industrial engineer salaries ($65,000), according to Glassdoor. Paysa reports some of the top-paying organizations for industrial engineering jobs include Loft ($134,000), McNaughton-Mckay ($137,000), Teague ($133,000) and WAC Lighting ($133,000) and Designworks ($132,000).
Your location may impact how much you make as an industrial engineer, too. For instance, data from the Bureau of Labor Statistics’ May 2017 report highlights Texas ($108,330), Washington ($106,730), California ($106,650), Oregon ($102,950) and Massachusetts ($101,640) as the top-paying states for industrial engineers.
The metropolitan area you work in may also impact your earnings. For instance, industrial engineering jobs in the Houston-The Woodlands-Sugar Land, Texas, metro area brought in an average of $124,800 per year. However, industrial engineers made an annual salary of $112,200 in the Vallejo-Fairfield, California, metro area.
The entry-level industrial engineer may find a career path as an industrial engineer to have high earning potential. That’s because entry-level industrial engineers make more than what most graduates entering the workforce make. Data from Payscale reports that industrial engineers just starting out in their careers made an average of $62,833.
But it’s important to remember that the salary you earn as an industrial engineer may vary based on your location of work, education level, and skill set.What Does the Average Industrial Engineer Make?
The average industrial engineering salary varies from state to state and sources. For example, Paysa reports that the average salary for industrial engineers in the United States is $65,576. On the other hand, Glassdoor places that average with industrial engineers making $67,136 per year.
Data from Indeed.com challenges that figure by quoting an ever higher annual income for industrial engineers in America at $75,857. Moreover, data from the Bureau of Labor Statistics shares that industrial engineers made an average annual wage of $90,340 in May 2017.
Industrial engineers also have potential to earn more as they gain more experience or venture into different career paths, such as taking on roles as a senior industrial engineer, operations manager, industrial engineering manager, quality manager or director of operations.
The pay you receive as an industrial engineer will vary based on where you live. So, it’s important to get an idea of how much to expect. Here is a breakdown of the different industrial engineering salaries by state, according to the Bureau of Labor Statistics May 2018 report:
|District of Columbia||$88,380|
Whether you’re exploring a career as an industrial engineer or you’re applying for various positions in the field, it’s important to think about how your salary may look based on the location you work. That’s why it’s vital to examine salaries for industrial engineers in different locations.
By evaluating the various industrial engineering salaries by state, you can have a better idea of what to expect when it comes to working as an industrial engineer in your preferred work location.
SOURCE: Interesting Engineering