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Median annual earnings of chemical engineers were $72,490 in 2002. The middle 50 percent earned between $58,320 and $88,830. The lowest 10 percent earned less than $48,450, and the highest 10 percent earned more than $107,520.
According to a 2003 salary survey by the National Association of Colleges and Employers, bachelor’s degree candidates in chemical engineering received starting offers averaging $52,384 a year, master’s degree candidates averaged $57,857, and Ph.D. candidates averaged $70,729.
Source: Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook
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