Money & Outlook

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National Earnings

The earnings information below is for the occupational group Marine Engineers and Naval Architects. The occupation Marine Engineer is part of this group.

Average Annual Wage

$124,180

Average Hourly Wage

$59.70

Average Annual Range

$83,010 to $173,330

Note: variations in salaries reflect differences in size of firm, location, level of education and professional credentials.

Where do these numbers come from?


National Employment and Outlook

Outlook increasing
  The employment change from 2024 to 2034 is estimated to be +6%.
(The National average for all occupations is +3%)
Job Openings very small number
  Less than 1000 average annual openings are expected for this occupation between 2024 and 2034.
(The National Average for all occupations is 1,696 openings)
Employment very small occupation
  This was a very small occupation in the United States, employing 8,500 workers in 2024.
(The National average for all occupations is 152,838 workers)
Growth Faster than average growth
  Marine engineers are expected to be needed to help design ships and port facilities that meet increasingly strict international emissions standards. In addition, as offshore wind energy projects become more feasible, marine engineers are expected to be needed to provide expertise for the construction of wind platforms. 
Industries Large concentrations of this occupation are found in these industries
  • Manufacturing (NAICS31-330) (51.6%)
  • Transportation equipment manufacturing (NAICS336000) (51.3%)
  • Ship and boat building (NAICS336600) (51.2%)
  • Professional, scientific, and technical services (NAICS540000) (27.1%)
  • Architectural, engineering, and related services (NAICS541300) (20.2%)
  • Engineering services (NAICS541330) (19.6%)
  • Federal government (NAICS910000) (12.9%)