Average Component Engineer Salary

$88,846
Avg. Base Salary (USD)
10%
$67k
MEDIAN
$89k
90%
$130k

The average salary for a Component Engineer is $88,846 in 2024

Base Salary
$67k - $130k
Bonus
$2k - $10k
Profit Sharing
$0 - $4k
Total Pay
$67k - $133k
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What is the Pay by Experience Level for Component Engineers?

What Do Component Engineers Do?

Component Engineer Tasks
  • Enhance product performance through design, development, creation, and testing.
  • Ensure products meet all regulatory guidelines through installation and testing.
  • Confirm reliability and quality of mechanical and electrical components.
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How do Component Engineers Rate Their Jobs?

3.4 out of 5
(9)
Satisfied
2Reviews
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FAQs About Component Engineers

What is the highest pay for Component Engineers?

Our data indicates that the highest pay for a Component Engineer is $130k / year

What is the lowest pay for Component Engineers?

Our data indicates that the lowest pay for a Component Engineer is $67k / year

How can Component Engineers increase their salary?

Increasing your pay as a Component Engineer is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Component Engineer that oversees more junior Component Engineers, this experience can increase the likelihood to earn more.