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Product Engineer Salary

An average Product Engineer in the United States can expect to take home roughly $68K annually. Incomes of Product Engineers vary widely depending on performance components; bonuses and profit sharing that can occasionally exceed $8K cause paychecks to spread between $50K on the low end and $97K on the high end. Earnings for this group are mostly affected by location, followed by years of experience and the particular employer. Most Product Engineers report high levels of job satisfaction. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to the greater part. This overview is based on answers to PayScale's salary questionnaire.
$50,329 - $93,672
(Median)
$50K
$68K
$94K
MEDIAN: $67,740
10%
50%
90%

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$18.49 - $40.05
(Median)
$18
$29
$40
MEDIAN: $29.00
10%
50%
90%

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Show Annual Salary Show Hourly Rate
National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$33K$66K$99K
Salary
$50,329 - $93,672  
   
Bonus
$0.00 - $8,115  
Profit Sharing
$1,014 - $8,139  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$50,140 - $97,039  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 1,839
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$18$36$54
Hourly Rate
$18.49 - $40.05  
   
Overtime
$1.24 - $51.28  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Bonus
$0.00 - $8,115  
   
Profit Sharing
$1,014 - $8,139  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$50,140 - $97,039  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 129
United States (change)

Job Description for Product Engineer

  • Maintain and support field test programs.
  • Support sales and marketing on product and customer issues.
  • Maintain and support in-house testing.
  • Coordinate prototype submissions and new part approvals.
  • Liaison with technical staff and its affiliates on technical issues.

Common Career Paths for Product Engineer


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Product Engineers may go on to top-notch roles like Product Engineering Manager, where median pay is $107K annually. More often than not, Senior Product Engineer role is the next step for Product Engineers moving up in the field. Senior Product Engineers usually make $90K per year. Many other Product Engineers choose to take on a Mechanical Engineer role, where salaries are typically $62K.

Product Development Engineer Job Listings

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Popular Employer Salaries for Product Engineer


Product Engineers flock to Chrysler Group LLC., Ford Motor Company, Texas Instruments, Inc., esri, and Parker Hannifin Corp, highly regarded companies that employ a generous number of people in this profession. Texas Instruments, Inc. does shell out the biggest paychecks — the median in that office is $82K — but the company pay scale is greatly mixed, meaning that workers on the low end may earn only $65K while workers on the upper end may rake in up to $120K. Ford Motor Company, Micron Technology, Inc., and Chrysler Group LLC. also offer top salaries for Product Engineers. Workers at these firms can expect to earn about $82K, $77K, and $76K, respectively.

Also approaching the lower end are esri at $69K, Parker Hannifin Corp at $73K, and Analog Devices Inc at $75K.

Popular Skills for Product Engineer


Product Engineers report using a deep pool of skills on the job. Most notably, skills in Data Analysis, Test Engineering, Manufacturing Process Engineering, and Problem Solving are correlated to pay that is above average. Skills that seem to negatively impact pay include AutoCAD, SolidWorks, and Computer Aided Design. Most people experienced in Engineering Design also know Project Management and Problem Solving.

Pay by Experience Level for Product Engineer

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For Product Engineers, experience does not seem to be a major factor in determining pay. Respondents with less than five years' experience take home $64K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $73K. Product Engineers bring in $84K after working for 10 to 20 years. Individuals who report more than two decades of experience seem to make only slightly more than folks in the 10-to-20 year range; the more senior group sees median earnings in the comparatively modest ballpark of $93K.

Pay Difference by Location


Surpassing the national average by 36 percent, Product Engineers in San Jose receive some of the highest pay in the country. Product Engineers can also look forward to large paychecks in cities like Santa Clara (+33 percent), Dallas (+20 percent), Austin (+20 percent), and San Diego (+16 percent). Trailing the national average by 14 percent, Milwaukee is the market with the smallest paychecks.

Product Engineer Reviews

What is it like working as a Product Engineer?

Product Engineer in Bloomington:
"Rewarding."
Pros: I enjoy the office culture and atmosphere. It is fun and enjoyable to work at MTL. The problem solving aspect is a very rewarding and fun part of my job as well. I enjoy learning new things and refining the skills that I already have.
Cons: The amount of travel at times can be slightly stressful but there isn't anything that I really don't like about my job.

Related Job Salaries

Experience Affects Product Engineer Salaries




National Average
$69,000


Skills That Affect Product Engineer Salaries


Test Engineering
up arrow 4%

Manufacturing Process Engineering
up arrow 3%

Product Development
up arrow 2%

Project Management
up arrow 2%

Problem Solving
up arrow 2%

National Average
$69,000

Engineering Design
up arrow 1%

Microsoft Word
up arrow 1%

Windows Operating System General Use
up arrow 2%

Microsoft Excel
up arrow 3%

Pro/Engineer
up arrow 3%

Microsoft Office
up arrow 4%



up arrow 12%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 458 votes.

Gender

Female
11 %
Male
89 %

Years of Experience

Less than 1 year
5%
1-4 years
44%
5-9 years
27%
10-19 years
16%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 84%
vision benefits Vision: 67% employee benefits None: 7%