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Product Engineer Salary

The average Product Engineer in the United States can expect to rake in roughly $69K annually. Final cash compensation to Product Engineers varies from around $51K to approximately $98K; choice pay grades include potential for bonuses and profit sharing as high as $9K and $8K, respectively. While the specific employer and years of experience impact pay for this group, location is the most influential factor. Nearly all report receiving medical coverage from their employers and most collect dental insurance. Job satisfaction is reported as high by the vast majority of workers. The vast majority of Product Engineers (88 percent) who took the survey are men. The data in this summary comes from the PayScale salary survey.

$50,720 - $95,302
(Median)
$51K
$69K
$95K
MEDIAN: $68,500
10%
50%
90%

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$18.78 - $39.56
(Median)
$19
$30
$40
MEDIAN: $29.00
10%
50%
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
$50,720 - $95,302  
   
Bonus
$0.00 - $8,778  
Profit Sharing
$1,012 - $8,253  
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).
)
$50,700 - $97,966  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 2,032
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$19$38$57
Hourly Rate
$18.78 - $39.56  
   
Overtime
$1.43 - $56.41  
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 - $8,778  
   
Profit Sharing
$1,012 - $8,253  
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).
)
$50,700 - $97,966  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 143

Find Out Exactly What You Should Be Paid

United States (change)


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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 may experience a large salary bump if they progress into a role such as Product Engineering Manager. The latter position pays an average of $108K annually. The most common promotion for Product Engineers is Senior Product Engineer, a position that typically pays $91K annually. Another standard transition for Product Engineers seeking advancement is to assume a Mechanical Engineer role, where pay is often $63K.

Product Development Engineer Job Listings

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Popular Employer Salaries for Product Engineer


Product Engineers fill the offices of leading firms Chrysler Group LLC., Ford Motor Company, Analog Devices Inc, Texas Instruments, Inc., and esri. For Product Engineers, comfortable salaries can be found at Freescale Semiconductor, Inc.; in fact, median earnings sit around $95K, the highest in the area. Other leaders in compensation levels are Texas Instruments, Inc. at $83K, Ford Motor Company at $82K, and Micron Technology, Inc., where Product Engineers annually earn $78K.

Others at the bottom of the scale for this job include Johnson Controls Inc at $66K, and esri where $69K is the norm, but it is worth noting that some Product Engineers there earn up to $87K.

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, Problem Solving, and Product Development are correlated to pay that is above average. Skills that pay less than market rate include AutoCAD, SolidWorks, and Computer Aided Design. Most people experienced in Engineering Design also know Problem Solving and Project Management.

Pay by Experience Level for Product Engineer

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


Experience and pay tend to be weakly linked for Product Engineers — those with more experience do not necessarily bring in higher earnings. Salaries for the relatively untried average out to around $64K, but survey participants with five to 10 years of experience earn a significantly higher median of $75K. Product Engineers see a median salary of $84K after reaching one to two decades on the job. Product Engineers with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $94K.

Pay Difference by Location


Home to some of the best pay for Product Engineers, San Jose offers exceptional salaries, 39 percent above the national average. Product Engineers can also look forward to large paychecks in cities like Santa Clara (+33 percent), Dallas (+21 percent), Austin (+20 percent), and Dearborn (+18 percent). The smallest paychecks in the market, 17 percent south of the national average, can be found in Milwaukee.

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

United States (change)

Experience Affects Product Engineer Salaries




National Average
$70,000


Skills That Affect Product Engineer Salaries


Test Engineering
up arrow 3%

Product Development
up arrow 2%

Problem Solving
up arrow 2%

Project Management
up arrow 2%

Manufacturing Process Engineering
up arrow 1%

Microsoft Word
0%

National Average
$70,000

Windows Operating System General Use
up arrow 1%

Engineering Design
up arrow 2%

Microsoft Excel
up arrow 2%

Pro/Engineer
up arrow 2%

Microsoft Office
up arrow 3%



up arrow 11%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 461 votes.

Gender

Female
12 %
Male
88 %

Years of Experience

Less than 1 year
6%
1-4 years
44%
5-9 years
26%
10-19 years
16%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 84%
vision benefits Vision: 68% employee benefits None: 7%
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