â–¼12%
$78,780
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
10%
$62k
MEDIAN
$79k
90%
$105k
The average salary for a Product Development Engineer is $78,780 in 2023
Base Salary
$62k - $105k
Bonus
$1k - $11k
Profit Sharing
$517 - $7k
Total Pay
$63k - $110k
Is Average Product Development Engineer Salary your job title? Find out what you should be paid
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What is the Pay by Experience Level for Product Development Engineers?
What Do Product Development Engineers Do?
Find your market worth – how it works:
How do Product Development Engineers Rate Their Jobs?
Based on 246 responses, the job of Product Development Engineer has received a job satisfaction rating of 3.72 out of 5. On average, Product Development Engineers are highly satisfied with their job.
Common Health Benefits for a Product Development Engineer
Medical
93%
Dental
84%
Vision
76%
None
7%
Gender Breakdown for Product Development Engineers
Male
74.0%
Female
25.2%
Prefer to self-define
0.8%
This data is based on 739 survey responses. Learn more about the gender pay gap.
FAQs About Product Development Engineers
What is the highest pay for Product Development Engineers?
Our data indicates that the highest pay for a Product Development Engineer is $105k / year
What is the lowest pay for Product Development Engineers?
Our data indicates that the lowest pay for a Product Development Engineer is $62k / year
How can Product Development Engineers increase their salary?
Increasing your pay as a 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 Product Development Engineer that oversees more junior Product Development Engineers, this experience can increase the likelihood to earn more.