What is a Machine Learning Engineer Salary in 2024?

Machine learning engineers are the masterminds behind the artificial intelligence that is increasingly shaping our world. From crafting algorithms that personalize your music playlists on Spotify to developing sophisticated models for real-time stock predictions, these tech professionals are highly sought after across diverse industries. This demand directly translates into competitive compensation, reflecting their specialized knowledge and crucial role in driving business growth and innovation.

This article will explore the typical earnings of machine learning engineers, examining how factors such as experience, industry sector, and geographical location influence salary levels. For those aspiring to enter this dynamic field, we will also highlight valuable resources like the Microsoft AI & ML Engineering Professional Certificate, a program designed to equip you with the skills to excel in machine learning engineering.

Decoding the Average Machine Learning Engineer Salary

Numerous elements contribute to determining a machine learning engineer’s salary. Experience level, the specific industry they operate in, and their geographic location are among the most significant factors. However, aggregating data from various reputable salary sources provides a clear picture: the average annual salary for a machine learning engineer in the United States currently falls between $116,416 and $140,180. This figure substantially exceeds the median salary across all occupations in the US [1], underscoring the lucrative nature of this profession.

Source Average Annual Salary
Payscale $116,416
Ziprecruiter $127,448
Salary.com $124,405
Glassdoor $140,180

The Salary Progression: Experience Matters

In the field of machine learning engineering, experience is a key determinant of earning potential. Generally, as engineers accumulate more years of experience, their salaries tend to increase accordingly. Data from Glassdoor illustrates this salary progression based on years in the profession [2]:

  • 0-1 year: Entry-level positions command an average salary of around $127,350.
  • 1-3 years: With a few years of experience, the average salary rises to approximately $144,572.
  • 4-6 years: Mid-career professionals in this range can expect to earn about $150,193 annually.
  • 7-9 years: As engineers approach the senior level, salaries average $154,779.
  • 10-14 years: Experienced machine learning engineers in this bracket see average earnings of $162,356.
  • 15+ years: The most seasoned professionals with extensive experience can reach an average salary of $170,603 and beyond.

Senior machine learning engineer roles, reflecting advanced expertise and leadership responsibilities, typically offer even higher compensation. Glassdoor data indicates that the average annual salary for a senior machine learning engineer, across all experience levels, is approximately $140,180 [2]. This figure highlights the significant earning potential for those who advance in their machine learning careers.

To deepen your expertise in machine learning and potentially accelerate your career progression, consider exploring specialized programs like the Johns Hopkins Applied Machine Learning Specialization. This program offers hands-on experience with core machine learning techniques, including supervised and unsupervised learning, neural networks, and more.

Industry Influence on Machine Learning Engineer Salaries

The industry in which a machine learning engineer works significantly impacts their salary prospects. As data continues to grow in value, industries that heavily leverage artificial intelligence and machine learning to process and analyze data are willing to offer higher salaries to attract top talent. According to AI Magazine [3], some of the leading sectors for machine learning engineers include:

  • Health Care: Applying machine learning to improve diagnostics, personalize treatments, and accelerate drug discovery.
  • Transportation: Utilizing AI in autonomous vehicles, traffic management systems, and logistics optimization.
  • Finance: Employing machine learning for fraud detection, algorithmic trading, risk assessment, and customer service enhancements.
  • Agriculture: Leveraging AI for precision farming, crop yield prediction, and resource management.
  • Cybersecurity: Developing machine learning-powered security systems to detect and prevent cyber threats.

Engineers working in these high-demand sectors often command premium salaries due to the critical role of machine learning in their operations and strategic goals.

Salary Benchmarks for Related Machine Learning Roles

While “machine learning engineer” is a prominent job title, the broader field encompasses various related roles that leverage similar skill sets and expertise. Exploring the salaries of these adjacent positions provides a comprehensive view of the earning landscape for professionals with machine learning skills. Data from Glassdoor reveals the following salary comparisons for related roles:

  • Software Engineer – Machine Learning: Average annual salary of $155,960. This role emphasizes the software development aspects of machine learning implementation.
  • Research Engineer: Average annual salary of $122,747. Research engineers often focus on the theoretical and experimental aspects of machine learning.
  • Machine Learning Research Scientist: Average annual salary of $160,007. This role is heavily research-oriented, pushing the boundaries of machine learning algorithms and techniques.
  • Machine Learning Scientist: Average annual salary of $158,229. Similar to research scientists, but may have a slightly stronger focus on practical applications and model building.

These figures demonstrate that expertise in machine learning can open doors to a range of well-compensated career paths beyond the specific title of “machine learning engineer.”

Location, Location, Location: Geographic Salary Variations

Geographic location is a significant factor influencing salary levels across all professions, and machine learning engineering is no exception. Variations in cost of living, local market demand, and the concentration of tech companies in different regions contribute to salary discrepancies across cities and states.

Data from Glassdoor provides a snapshot of average base salaries for machine learning engineers in various cities across the United States:

City Average Base Salary (Glassdoor)
San Francisco, CA $158,653
New York City, NY $143,268
Seattle, WA $150,321
Los Angeles, CA $131,000
Austin, TX $128,138
Washington, DC $130,446
Madison, WI $119,507
Saint Louis, MO $123,009
Chicago, IL $127,105

Cities with a high concentration of tech companies and a higher cost of living, such as San Francisco, New York City, and Seattle, tend to offer the highest machine learning engineer salaries. Conversely, cities with a lower cost of living may have somewhat lower average salaries, while still remaining competitive and above national averages.

Robust Job Outlook for Machine Learning Engineers

The career prospects for machine learning engineers are exceptionally bright. The U.S. Bureau of Labor Statistics projects a remarkable 23 percent growth in employment for computer and information research scientists, the occupational category encompassing machine learning engineers, between 2022 and 2032 [4]. This growth rate significantly outpaces the average for all occupations, indicating strong and expanding demand for these professionals.

Furthermore, in 2019, Indeed.com recognized “Machine Learning Engineer” as the top job in the United States, citing its attractive salary and the staggering 344 percent job growth witnessed between 2015 and 2018 as key drivers [5]. While more recent data may reflect some shifts, the underlying trend of high demand and strong job growth in machine learning engineering remains consistent.

Launch Your Machine Learning Career with Coursera

Embarking on a career as a machine learning engineer requires dedication and continuous learning. A strong foundation is crucial, and platforms like Coursera offer excellent resources to begin your journey. Consider exploring the Machine Learning Specialization from Stanford and DeepLearning.AI. This comprehensive program provides a three-course sequence covering fundamental machine learning concepts and practical skill development, including building and training neural networks using TensorFlow.

For those seeking to advance their existing machine learning skills, the Johns Hopkins Applied Machine Learning Specialization offers an ideal pathway. Designed for learners with a programming background and basic statistics knowledge, this program delves into advanced techniques for solving real-world problems in areas like data processing, computer vision, and neural networks.

In conclusion, a career in machine learning engineering offers not only intellectual stimulation and the opportunity to work at the forefront of technological innovation but also significant financial rewards and promising career growth prospects. By investing in the right education and continuously developing your skills, you can position yourself for success in this dynamic and in-demand field.

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