Average Product Development Engineer Salary

$78,780
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
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What Do Product Development Engineers Do?

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How do Product Development Engineers Rate Their Jobs?

3.7 out of 5
(246)
Highly Satisfied
40Reviews
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.

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.