Product Engineer Salary (United States)

For Product Engineers, annual wages usually total $68,965 annually. The top of the range reaches $96,811 per year, and the bottom approaches $50,061. Location is the main element affecting pay for this group—career length and the particular employer are driving factors as well. Nearly all report receiving medical coverage from their employers and a solid majority collect dental insurance. For the most part, Product Engineers enjoy their work and report high levels of job satisfaction. Replies to PayScale's salary questionnaire form the basis for this summary.
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  
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  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 112
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Years in Field/Career:
Location:
Years in Field/Career:
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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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As Product Engineers transition into upper-level roles, they may see a strong upturn in salary. For instance, a Product Engineering Manager may earn an extra $37K per year than his or her lower-level colleagues. Product Engineers go on to become Senior Product Engineers more often than anything else, where paychecks are higher by $20K. Product Engineers will find lower salaries (-$6,899) when they move into a Mechanical Engineer role, another well-traveled path for those in this field.

Product Engineer Job Listings

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Popular Employer Salaries for Product Engineer

Chrysler Group LLC., Ford Motor Company, esri, Parker Hannifin Corp, and Texas Instruments, Inc. are all popular places to work. Though highest salaries can be found at Ford Motor Company—median pay is $80,968—there is little variability in compensation, with paychecks starting at $68K and reaching $112K. Also paying near the top of the field are Texas Instruments, Inc. at $79,718, Micron Technology, Inc. at $78,052, and Analog Devices Inc, where Product Engineers annually earn $76,429.
The lowest salaries can be found at Parker Hannifin Corp—median pay is $68,844—and there is little variability in compensation, with paychecks starting at $51K and only reaching $83K. Other low-paying employers include esri at $69,805 and Chrysler Group LLC. at $74,091, though some Product Engineers there earn up to $100K.

Popular Skills for Product Engineer

Product Engineers seem to exploit 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. Skills that are correlated to lower pay, on the other hand, include AutoCAD, SolidWorks, and Computer Aided Design (CAD). Most people skilled in Engineering Design are similarly competent in 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.
Across the entire workforce, experience and pay tend to be weakly linked—those with more experience do not necessarily bring in much higher salaries. Compensation grows after five to 10 years from $64K to $77K. After 10 to 20 years, salary hovers around $84K. As Product Engineers reach 20 years on the job, salary increases slow down a bit, averaging $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 percent. One to nine years of experience is standard for most employees in this area; most of respondents fit between 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.
For Product Engineers, working in the bustling city of Santa Clara has its advantages, including an above-average pay rate. Other big spenders include San Jose, Austin, Dallas, and Houston, top-paying cities where Product Engineers see paychecks higher than average (+34 percent, +20 percent, +20 percent, and +14 percent). With compensation 15 percent below the national average, Milwaukee is not known for hefty paychecks and actually represents the lowest-paying market. 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

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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%