SOC 53-5031 · Boston-Cambridge, MA · BLS OEWS May 2024
The median salary for Ship Engineers in Boston-Cambridge is $126,646 per year ($60.89/hr). This is 25% higher than the national median of $101,317. The middle 50% earn between $89,648 and $162,994 annually. Top earners at the 90th percentile reach $202,956.
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $34.03 | $70,772 | +25.0% |
| P25 | $43.10 | $89,648 | +25.0% |
| P50MEDIAN | $60.89 | $126,646 | +25.0% |
| P75 | $78.36 | $162,994 | +25.0% |
| P90 | $97.58 | $202,956 | +25.0% |
The overall labor market contracted slightly in February: 5.0M separations vs 4.8M hires. Hiring rate hit 3.1%, the lowest since April 2020. The "Great Stay" persists with quits at 1.9% for 8 consecutive months.
The median (P50) annual salary for Ship Engineers in Boston-Cambridge is approximately $126,646, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 25% higher than the national median of $101,317.
Entry-level Ship Engineers (10th percentile) in Boston-Cambridge earn approximately $70,772 per year. The 25th percentile is $89,648. Top earners (90th percentile) reach $202,956.
Boston-Cambridge pays 25% higher than the national average. The national P50 is $101,317 vs $126,646 in Boston-Cambridge. Based on BLS national data adjusted for regional cost factors.
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