Naval Engineer Salary

Average Naval Engineer Base Salary in the United States

Average Base Salary

$97,635 Per Year

Salary Range: $56,545 to $149,326

Naval Engineer Salary

$56,545

10%

$75,755

25% 

$ 97,635

AVERAGE

$117,632

75%  

$149,326

90%  

How Much Does a Naval Engineer Make Per Year in the United States?

The national average salary for a  Naval Engineer is $97,635 per year in the United States. It can vary depending on the employer and the skills required for that position, but generally, it will be about $97,635 or more annually for a gross salary. Taxes impact salaries, so to get the net salary we’ve crunched the data and gotten the tax information on what the take-home pay would be after the effective income tax rates. 

Technology Used

Microsoft Excel – Spreadsheet software

Microsoft PowerPoint – Presentation software

SAP business and customer relations management software – Enterprise resource planning ERP software

Microsoft Project – Project management software

Autodesk AutoCAD – Computer aided design CAD software

Adobe Systems Adobe Acrobat – Document management software

The MathWorks MATLAB – Analytical or scientific software

McNeel Rhinoceros 3D – Graphics or photo imaging software

Knowledge and Expertise

Engineering and Technology

Mathematics

Design

Physics

Mechanical

Transportation

Soft Skills

Reading Comprehension

Critical Thinking

Active Listening

Speaking

Judgment and Decision Making

Complex Problem Solving

What is the salary range of a Naval Engineer?

Naval Engineer salaries vary depending on the company you work for, your experience level, industry, education, and years of experience. The average annual salary is around $97,635 but a Naval Engineer can earn a base salary anywhere from $56,545 to $149,326 per year with some companies paying more than others.

Pay ranges on average for a Naval Engineer job title only vary a good amount, which may mean that there are many opportunities to earn more income in the future regardless of the employers or your location, industry, and experience.

A salary range that varies also means there is ability to move up within the company, as there may be as many opportunities for advancement or to change your job title. This opportunity for  advancement can help with can increase their job satisfaction and motivation.

What are the Highest Salaries for a Naval Engineer?

The highest Naval Engineer salaries in the top 10% earn more than $149,326 per year. The salary range for the top 75% – 90% is between and $117,632 and $149,326 annually.

This salary data and salary estimates come from our Average Pay’s salary database of carefully collected and detailed information about pay across many industries and categories, along with different types of labor data.

What are the Lowest Salaries for a Naval Engineer?

The lowest Naval Engineer salaries are in the bottom 10% of earners who make less than $56,545 per year. The salary range for the lowest 10% – 25% is between $56,545 and $75,755 annually.   

This salary data and salary estimates come from our Average Pay’s salary database of carefully collected and detailed information about pay across many industries and categories, along with different types of labor data.

What is a Good Salary for a Naval Engineer?

If we only look at the data for Naval Engineer salaries and we don’t compare it to any other jobs, a good salary for a Naval Engineer job would be over $97,635 per year. This is the average salary for this position in the United States. An excellent pay for a Naval Engineer would be anything over the top 75%, which is $117,632 annually.

How Can I Increase My Salary as a Naval Engineer?

There are a few ways you can increase your average salary for a profession as a Naval Engineer. One way is to get promoted to a higher level and take on more duties within your employer. Another way is to gain more experience and skills in your career. You can also try negotiating higher compensation next performance review, when you are up for renewal or starting a new contract with a business.

Finally, you can look for a new job at a different employer that pays more. One thing not to overlook is companies often give their employees incentives and benefits outside of salaries. The total compensation, like healthcare, paid vacation days, 401k matches, bonuses, overtime, professional development, a career path in the company, and other benefits, need to be considered, which can add up to a lot more money than just a salary increase.

What are the Top Paying Industries for a Naval Engineer?

The top paying industries for a Naval Engineer job vary depending on the position’s specific responsibilities, employers, and qualifications. However, some common reported high-paying industries for include the following:

  • Professional, Scientific, and Technical Services
  • Manufacturing
  • Ship and Boat Building
  • Transportation Equipment Manufacturing
  • Federal, State, and Local Government
  • Finance and Insurance

Does a Naval Engineer Have a Good Quality of Life?

Based on an average 2-bedroom apartment rental price, a Naval Engineer would pay 15.63% of their monthly take-home pay towards rent. That’s $1,310 per month or $15,720 yearly for a two-bedroom apartment.

The rent is less than 30% of the monthly take-home pay for an Naval Engineer, which can helps lessen a financial burden and impact their quality of life.

This is because a high rent-to-income ratio would leave less money each month for other expenses, such as food, transportation, recreation, and activities. It can lead to financial stress, impacting overall job satisfaction and motivation.

Considering the cost of living in a city when considering whether to accept a job offer is essential. If the cost of living is too high, it might not be worth it, even if the salary is good.

Does a Naval Engineer make good money?

 In general, a Naval Engineer can make a good salary. The national average salary is $52,632 annually which is less than the average Naval Engineer salary, meaning most earn a livable wage. According to data and labor statistics from the Bureau of Labor Statistics, the average Naval Engineer pay is above the median salary.

However, salaries can vary depending on the company you work for, what you are responsible for, education, college degree, work experience, job market, and your experience level. The highest-paid can earn upwards of 149,326 per year, while the lowest-paid income is less than 56,545 annually.

If you want to maximize your earnings as a Naval Engineer, take on more responsibility, and gain more experience in related skills. Also, build interpersonal skills and strong leadership skills, get a certification in your field and then negotiate for a higher salary next performance review, when you are up for renewal or starting a new contract with a business.

The best thing you can do is develop yourself and gain knowledge. Many courses, additional training, and professional development opportunities in your area can help increase your skills and development in your job or related field.

You can also get your resume reviewed and look for a new employer that will hire and pay more or look for a career change that is hiring and may interest you more.

Salaries are also relative to the cost of living in different parts of the country. For example, the compensation for a Naval Engineer will need to be higher if it is in or closer to larger cities like New York City or some states like California. The increase in pay in these areas is because of the higher than average cost of living and more interested applicants for employment versus someone living in a small town. With the cost of housing increasing and medical care premium costs, it is essential to ensure you are getting paid what you are worth.

How do I know I’m being paid fairly as a Naval Engineer?

The easiest way is to see how close your current salary is to the average pay for your position in your state and city. If your income is below the estimated average wage in your area, you can try to negotiate for a raise.

You can use our research and tools to discover the average salary for a Naval Engineer in your city or region to see if you are being compensated fairly. You may also compare your income to similar jobs and careers to determine whether you are underpaid or overpaid. Lastly, you can set up job alerts to see how the job market trends.

A few other ways you can research whether you’re being paid fairly as a Naval Engineer is to do a job search to look at job postings for similar positions and see the estimate for the listed salary range. You can also talk to people in your network who have similar jobs and ask them what they earn. Finally, you can try negotiating a higher pay when you are up for renewal, having a performance evaluation, or starting a new contract.

What Factors Determine the Salary of a Naval Engineer?

The money a Naval Engineer can make each year greatly depends on a few components that determine an average base salary.

The company you work for is one of the main factors that affect how much a Naval Engineer earns.

The compensation will also depend on the location, as some states and cities have a higher cost of living than others. Other factors that affect compensation are the number of hours worked, company size, job type, level of experience in your career, and location.