Product Engineer Salary (United States)

Product Engineers in the United States ordinarily take home approximately $68,965 annually. The top of the range reaches $96,811 per year, and the bottom approaches $50,061. Overall cash earnings for Product Engineers stretch from $50,208 on the lower end to $93,343 near the top, and the heftier packages can encompass around $8,068 from bonuses and $8,369 from profit sharing. The most influential factor affecting pay for this group is geographic location, though career duration and the individual firm have a (lesser) impact as well. In this profession, nearly all individuals enjoy medical and dental coverage, and a majority have vision insurance, as well. For the most part, Product Engineers enjoy their work and report high levels of job satisfaction. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
Product Engineer Salary (?
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.
)
$50,208 - $93,343
(Median)
50K
59K
68K
80K
93K
MEDIAN: $67,574
10%
25%
50%
75%
90%
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Product Engineer Salary (?
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.
)
$18.22 - $38.24
(Median)
18
22
29
33
38
MEDIAN: $28.00
10%
25%
50%
75%
90%
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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
$50,208 - $93,343  
   
Bonus
$0.00 - $8,068  
Profit Sharing
$1,003 - $8,369  
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).
)
$50,061 - $96,811  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 1,652
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$17$34$51
Hourly Rate
$18.22 - $38.24  
   
Overtime
$1.76 - $50.53  
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 - $8,068  
   
Profit Sharing
$1,003 - $8,369  
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).
)
$50,061 - $96,811  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 112
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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' salaries may rise greatly in accordance with career advancement. Those who assume a higher-end position such as a Product Engineering Manager may get paid an extra $37K per year. Going from Product Engineer to Senior Product Engineer is the transition that occurs most often in this field, where the paychecks are bigger by $20K. Many others choose to work as Mechanical Engineers, where pay actually goes down by $6,899.

Product Engineer Job Listings

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Popular Employer Salaries for Product Engineer

Well-known firms with a reputation for hiring numerous Product Engineers include Chrysler Group LLC., Ford Motor Company, esri, Parker Hannifin Corp, and Texas Instruments, Inc. With a median salary of $80,968, Ford Motor Company offers Product Engineers the highest pay in their field; however, earnings are capped at $112K, limiting employee salary growth. Other big spenders include Texas Instruments, Inc., Micron Technology, Inc., and Analog Devices Inc, top-paying firms where Product Engineers see paychecks nearing $79,718, $78,052, or $76,429.
With a median salary of $68,844, Parker Hannifin Corp provides Product Engineers with the lowest pay in their field; moreover, earnings are capped at only $83K, limiting employee salary growth. Others at the bottom of the scale for this job include esri at $69,805, and Chrysler Group LLC. where $74,091 is the norm, but it is worth noting that some Product Engineers there earn up to $100K.

Popular Skills for Product Engineer

Product Engineers report exploiting a large range of skills on the job. Most notably, skills in Manufacturing Process Engineering, Data Analysis, Test Engineering, and Problem Solving are correlated to pay that is above average, with boosts of 8 percent, 6 percent, 4 percent, and 4 percent, respectively. At the other end of the pay range are skills like AutoCAD, SolidWorks, and Computer Aided Design (CAD). The majority of those who know 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 in the field does not tend to play a major role in salary decisions; in general, pay does not go up drastically with more experience, and earnings grow incrementally instead. Starting at around $64K, salaries see a boost to $77K after five to 10 years. Those with one to two decades of experience under their belt tend to see salaries around $84K. Salaries grow more slowly as Product Engineers approach the 20-year mark, when the pay stabilizes at $100K. Experienced employees who have 10-20 years of experience make up 16 percent of the workforce; inexperienced individuals who have been working for less than one year comprise 5 percent, and senior people with more than 20 years under their belt fill out the remaining less than 10. Age distribution in this workforce is concentrated between one and nine years of experience; most of respondents fall in this range.

Pay Difference By Location

Santa Clara
up arrow 35%
up arrow 34%
up arrow 20%
Austin
up arrow 20%
up arrow 14%
Boise
up arrow 11%
up arrow 10%
Los Angeles
up arrow 6%
up arrow 5%
up arrow 5%
Minneapolis
0%
National Average
$69,000
up arrow 9%
Grand Rapids
up arrow 9%
Milwaukee
up arrow 15%
Larger circles over a city indicate a job is popular in that location.
Santa Clara is home to an above-average pay rate for Product Engineers, 35 percent higher than the national average. Product Engineers will also find cushy salaries in San Jose (+34 percent), Austin (+20 percent), Dallas (+20 percent), and Houston (+14 percent). Milwaukee ranks last in the field for pay, reporting salaries 15 percent below the national average. Employers also pay below the national average in Grand Rapids (-9 percent) and Chicago (-9 percent).

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%
Product Development
up arrow 3%
Problem Solving
up arrow 3%
Project Management
up arrow 2%
Engineering Design
0%
National Average
$69,000
Microsoft Word
up arrow 1%
Windows Operating System General Use
up arrow 1%
Pro/Engineer
up arrow 1%
Microsoft Excel
up arrow 2%
Microsoft Office
up arrow 4%
up arrow 12%

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 448 votes.

Gender

Female
11%
female alumni
 
Male
89%
male alumni

Years of Experience

Less than 1 year
5%
1-4 years
43%
5-9 years
28%
10-19 years
16%
20 years or more
7%

Common Health Benefits

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