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Mechanical Engineer Salary in Plano, TX

How much does a mechanical engineer make in Plano? Explore median, entry-level, and senior salaries adjusted for Plano's cost of living.

Median Salary
$104,410
per year in Plano
Entry Level
$63,924
Starting salary
Senior Level
$143,830
Experienced professionals
Cost of Living
108
8% above national avg

Salary Breakdown by Experience Level

See how mechanical engineer salaries break down across different pay periods in Plano.

PeriodEntry LevelMedianSenior
Annual$63,924$104,410$143,830
Monthly$5,327$8,701$11,986
Biweekly$2,459$4,016$5,532
Weekly$1,229$2,008$2,766
Hourly$31$50$69

Plano vs National Average

How Plano's mechanical engineer salaries compare to national figures.

Plano Salary
$104,410
COL Index: 108
National Average
$112,400
COL Index: 100
Difference
-$7,990
Lower in Plano

Cost of Living in Plano

1-Bedroom Rent
$1,500
per month
Median Income
$72,456
per year
Population
308,271
residents
Rent % of Income
24.8%
median household
Cost of Living Index: 108 — A score of 100 represents the U.S. average. Salaries in Plano have been adjusted to account for local cost differences.

About Mechanical Engineer

Overview

Design, develop, and test mechanical equipment and systems.

Education

Bachelor's degree in Mechanical Engineering; PE license recommended

Key Skills

CADMechanical DesignThermodynamicsProblem Solving

Growth Rate

Expected job growth: +18% over the next decade

Compare Cities: Mechanical Engineer Salary

See Mechanical Engineer salaries in other top cities.

New York, NY
$111,270
+7%
Los Angeles, CA
$114,290
+9%
Chicago, IL
$100,390
-4%
Houston, TX
$126,870
+22%
Phoenix, AZ
$102,300
-2%

Financial Tools to Explore

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Mechanical Engineer Salary in Plano, TX — Complete Guide

Median Salary Overview

The median salary for a mechanical engineer in Plano, TX is $104,410 per year, adjusted for the local cost of living index of 108. This figure reflects typical earnings for experienced professionals in this role, considering Plano's unique economic conditions.

Salary Range and Experience Levels

Entry-level mechanical engineer professionals in Plano can expect to earn around $63,924 annually. As professionals gain experience, salaries typically increase, with senior-level mechanical engineers earning approximately $143,830 per year. This represents a 125% increase from entry to senior level.

Cost of Living Adjustment

Plano's cost of living index of 108 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Plano are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $112,400, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a mechanical engineer's salary in Plano typically goes toward housing. With a 1-bedroom apartment averaging $1,500 per month, housing represents about 17.2% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Mechanical Engineers are in growing demand across the United States, with an expected job growth of 18% over the next decade. In Plano, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.