Product Engineers in the United States take home an average $70K annually. Total incomes of Product Engineers incorporate potential for, in a few cases, more than $10K from bonuses and close to $12K from profit sharing; these performance components cause packages to range between $52K and $99K. This group's pay is mainly influenced by geography, followed by the specific employer and experience level. Most Product Engineers report high levels of job satisfaction. Most report receiving medical coverage from their employers and a large number collect dental insurance. Men account for the majority of Product Engineers who responded to the questionnaire — 88 percent to be exact. This report is based on answers to PayScale's salary questionnaire.

$51,938 - $96,637
(Median)
$52K
$70K
$97K
MEDIAN: $69,901
10%
50%
90%

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$18.40 - $41.48
(Median)
$18
$30
$41
MEDIAN: $29.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$33K$66K$99K
Salary
$51,938 - $96,637  
   
Bonus
$1,027 - $10,012  
Profit Sharing
$897 - $11,859  
Commission
$6,000  
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).
)
$51,842 - $98,761  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 1,656
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$21$42$63
Hourly Rate
$18.40 - $41.48  
   
Overtime
$27.19 - $60.11  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$1,027 - $10,012  
   
Commission
$6,000  
Profit Sharing
$897 - $11,859  
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).
)
$51,842 - $98,761  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 131
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Job Description for Product Engineer

Product engineers design and create products, either for the consumer sector or various industries, and also analyze the market and competing products in order to determine customers' needs.

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Product Engineer Tasks

  • 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 $93K annually. Another standard transition for Product Engineers seeking advancement is to assume a Mechanical Engineer role, where pay is often $64K.

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Popular Employer Salaries for Product Engineer


Product Engineers fill the offices of leading firms Chrysler Group LLC., Analog Devices Inc, esri, Micron Technology, Inc., and Texas Instruments, Inc. For Product Engineers, comfortable salaries can be found at Lam Research Incorporated; in fact, median earnings sit around $118K, the highest in the area. Other big spenders include Ford Motor Company, FCA Corp, and Freescale Semiconductor, Inc., top-paying firms where Product Engineers see paychecks nearing $101K, $99K, or $95K.

Johnson Controls Inc, TRW Automotive Holdings and Takata are three other employers with a reputation for below-average pay, all showing salaries around $68K.

Popular Skills for Product Engineer


Product Engineers report using a deep pool of skills on the job. Most notably, skills in Test Engineering, Data Analysis, Product Development, and Pro/Engineer are correlated to pay that is above average. Skills that seem to negatively impact pay include AutoCAD, SolidWorks, and autodesk autocad. The majority of those who know 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.


More years of relevant experience do not necessarily translate to higher paychecks. Survey participants with less than five years' experience pocket $67K on average, but those with five to 10 years of experience enjoy a much bigger median of $77K. Product Engineers claiming one to two decades of experience make an estimated median of $85K. More than 20 years of experience mean a somewhat bigger median paycheck of $92K, but it's not much more than what less experienced people make.

Pay Difference by Location

National Average: $70,872

Larger city markers indicate a job is popular in that location.

Product Engineers will find that San Jose offers an impressive pay rate, one which exceeds the national average by 57 percent. Product Engineers can also look forward to large paychecks in cities like Santa Clara (+34 percent), Dallas (+18 percent), Dearborn (+16 percent), and Houston (+8 percent). Location is a huge contributor to overall pay, with Product Engineers in Mankato earning a whopping 26 percent below the national average. Not at the bottom but still paying below the median are employers in Phoenix and San Diego (11 percent lower and 5 percent lower, respectively).

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
$71,000


Skills That Affect Product Engineer Salaries



Product Development
up arrow 2%

Pro/Engineer
up arrow 2%

Problem Solving
up arrow 1%

Project Management
0%

National Average
$71,000

Engineering Design
up arrow 1%

Microsoft Office
up arrow 2%

Microsoft Word
up arrow 3%






up arrow 12%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 218 votes.

Gender

Female
12 %
Male
88 %

Years of Experience

Less than 1 year
9%
1-4 years
49%
5-9 years
22%
10-19 years
14%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 81%
medical benefits
Vision: 70%
dental benefits
None: 8%
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