Chemical engineering is one of the more lucrative branches of engineering to get into. These engineers generally have high salaries and high employment. However, it can be tough to find exact information about this career. I’ve gone ahead and collected everything I’ve found here to make understanding chemical engineer salaries as easy as possible.
Before you can get started on salaries it’s important that you know what you’re getting into. You can’t just choose to become an engineer on a whim. It requires a lot of hard work and genuine effort. However, anyone can enter this field if they’re willing to put in the work.
Before you can work as a chemical engineer you’ll want to earn your Fundamentals of Engineering FE certification. This requires you to complete a 4 year engineering degree before passing an 110 certification exam. A full breakdown of what’s on the exam can be found here.
Now that we’ve gotten the prerequisites out of the way we can discuss what you’re really interested in.
Average Salaries for Chemical Engineers
Chemical engineers generally make an average of $76,689 each year, or $28.24 an hour. This includes payment from a base salary, yearly bonuses, profit sharing, and more. However, this doesn’t account for any stock, healthcare benefits, or retirement benefits that come with your career. With this in mind, pay for chemical engineers is actually much higher than it appears.
All of this information is based on the salary details of over 2000 chemical engineers spread across the world. Information is pulled from all experience levels and employment areas. Knowing that, it can be more useful to look into the nitty-gritty details of salaries based on where you are in your career.
Entry Level Salaries for Chemical Engineers
You shouldn’t expect to be instantly making over $70k a year when first starting your career as a chemical engineer. However, that doesn’t mean you’re going to be impoverished or living paycheck to paycheck. In fact, even entry level engineers make a great deal of money.
Payscale reports that entry level chemical engineering positions pay an average of $68,797 each year, or $25.60 an hour. That kind of pay makes for comfortable living as you build up experience and work towards higher paying positions. At this point you may also want to allocate some time and money towards earning a Professional Engineer (PE) certification in chemical engineering. Having this certification proves your skill in the field and will naturally lead to higher pay.
Highest Salaries for Chemical Engineers
More experienced chemical engineers can expect to make much higher salaries. Late career salaries for chemical engineers average at $126,696 a year or $79.10 per hour. These types of salaries are reserved for senior engineers and management positions.
Anyone hoping to make a salary like this will need to put in the work first. First, you’re definitely going to need a PE certification in chemical engineering. Jobs like this will also require decades of work experience in related fields. Lastly, you’re going to need to know the right people and have a bit of luck.
Keep in mind that I don’t want to discourage you here. Salaries like these are possible if you know what to work towards and work hard.
Top Employers for Chemical Engineers
Now that you know what to expect from your salary it’s time to start looking into the top employers for chemical engineers. Luckily, there’s plenty of information out there for chemical engineering jobs of all experience levels.
Best Entry Level Chemical Engineering Jobs
Currently the 3 biggest employers for entry level chemical engineers are Intel, Samsung Electronics, and CDM Smith. Indeed currently lists these employers as having the most open positions for chemical engineers.
Salary estimates for these companies tend to be between $60-70k a year. There are some notable exceptions that go as high as $80k, but anything beyond that point is very rare. Many of these jobs also come with signing bonuses, which is good if you need to relocate for your career.
Indeed also shows that most job positions come from Houston, Austin, Phoenix, Hillsboro, and San Diego. Keep in mind that some of these areas (such as San Diego or Hillsboro) have a very high cost of living.
Best Mid Level Chemical Engineering Jobs
There’s a bit of overlap between companies that look for entry and mid level chemical engineers. Indeed states that the 3 companies with the most mid-level chemical engineering positions are PROAMPAC, Intel, and Samsung Electronics.
Mid-range chemical engineering positions have the widest range of salaries due to the varying amounts of experience required for each position. Typically salaries at this experience level range between $75k-90k.
Postings on indeed for this experience level show that most jobs are in Houston, Austin, San Diego, Rochester, and Hillsboro. As I stated above, many of these areas have a very high cost of living so make sure you look into where you’ll be working.
Best Senior Level Chemical Engineering Jobs
Positions at this level are much rarer and have a different focus compared to other positions. Burns & McDonnell, CDM Smith, and Barry Wehmiller are currently the 3 biggest senior level chemical engineering employers on Indeed.
Salaries for this experience level are very high. Most of the positions here pay above $100k a year. In fact, it’s not uncommon to see jobs with annual pay as high as $120k.
Right now the 5 best locations for work as a senior chemical engineer are Houston, San Diego, Phoenix, Chicago, and Seattle.
Job Outlook for Chemical Engineers
Choosing a high paying career is pointless if you’re unable to get hired. Luckily for you, that won’t be the case with chemical engineering.
The US Bureau of Labor Statistics predicts that employment for chemical engineers will grow by 9% by the year 2030. For comparison this is slightly faster than the overall average for all occupations. This is largely due to increased demand for chemical engineers as manufacturing industries continue to expand into new products and fields.
Chemical engineers will also be needed for their expertise in fields such as alternative energies, nanotechnology, and biotechnology. All in all, the future is looking pretty bright for any prospective chemical engineers.
A: Chemical engineering can apply to a very wide range of fields. This is because their work focuses on creating processes for the production of materials. This can apply to just about any product, so they’re in high demand.
A: It will take a minimum of 4 years to meet the requirements for entry level chemical engineering jobs. After that it’s just a matter of building up experience and earning certifications.