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Product Engineer Salary (United States)

The average Product Engineer in the United States earns approximately $68K per year. Total cash compensation to Product Engineers ranges from $50K on the lower end to $97K on the higher end; the final number includes potential for approximately $8K each from bonuses and profit sharing in exceptional cases. The most important factor affecting compensation for this group is geographic location, followed by career length and the specific company. Medical benefits are awarded to almost all employees, and a solid majority earn dental coverage. Job satisfaction is reported as high by the vast majority of workers. The data for this snapshot was collected from individuals who took PayScale's salary survey.
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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Location:
Years in Field/Career:
Location:
Years in Field/Career:
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 experience if they take an upper-level role like Product Engineering Manager. The position tends to pay $106K annually. With an annual salary of $89K, Senior Product Engineer is the most common role for Product Engineers to subsequently assume on their way up the ladder. Transitioning into a Mechanical Engineer role — which usually pays $62K — is also typical for Product Engineers, though less common by comparison.

Product Development 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 leaders in the field that employ a large number of Product Engineers. Although Ford Motor Company offers the highest salaries (median pay is $81K), survey participants reported a rather limited pay range of $68K to $112K. Texas Instruments, Inc., Micron Technology, Inc., and Analog Devices Inc also offer top salaries for Product Engineers. Workers at these firms can expect to earn about $80K, $78K, and $76K, respectively.
Not only do salaries lack room to grow — pay ranges from $51K to just $83K — but Parker Hannifin Corp offers the lowest pay in town to boot, with a median paycheck of $69K. Other low-paying employers include esri at $70K and Chrysler Group LLC. at $74K, though some Product Engineers there earn up to $99K.

Popular Skills for Product Engineer

Product Engineers report using 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. Those educated in Engineering Design tend to be well versed 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.
For many Product Engineers, extensive experience does not lead to significantly more money. People who have worked for fewer than five years bring home $64K on average. Median compensation in the five-to-10 year group, however, is higher at approximately $73K. Product Engineers bring in $84K after working for 10 to 20 years. Product Engineers who surpass 20 years on the job report pay that isn't as high as one would expect; the median compensation for this crowd sits around $93K. Workers in this area tend to have one to nine years of experience. Experienced employees who have 10-20 years of experience make up approximately one-sixth of the workforce; inexperienced individuals who have been working for less than one year comprise less than one-tenth, and senior people with more than 20 years under their belt fill out the remaining less than 10 percent.

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. San Jose, Austin, Dallas, and Houston are a few other cities that offer generous salaries, with Product Engineers earning around 34 percent, 20 percent, 20 percent, and 14 percent more than average. Falling short of the national average by 15 percent, the area with the worst salaries is Milwaukee. Not at the bottom but still paying below the median are employers in Grand Rapids and Chicago (9 percent less).

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.

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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%