Average New Product Development Engineer Salary

$68,342
Avg. Base Salary (USD)
10%
$55k
MEDIAN
$68k
90%
$92k

The average salary for a New Product Development Engineer is $68,342 in 2025

Base Salary
$55k - $92k
Bonus
$1k - $8k
Profit Sharing
$733 - $6k
Total Pay
$56k - $94k
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How do New Product Development Engineers Rate Their Jobs?

3.7 out of 5
(6)
Highly Satisfied
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FAQs About New Product Development Engineers

What is the highest pay for New Product Development Engineers?

Our data indicates that the highest pay for a New Product Development Engineer is $92k / year

What is the lowest pay for New Product Development Engineers?

Our data indicates that the lowest pay for a New Product Development Engineer is $55k / year

How can New Product Development Engineers increase their salary?

Increasing your pay as a New Product Development Engineer is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a New Product Development Engineer that oversees more junior New Product Development Engineers, this experience can increase the likelihood to earn more.