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As of August 01, 2026, the average salary for an Aircraft Maintenance Engineer V in Illinois is $142,300 per year, which breaks down to an hourly rate of $68.
However, an Aircraft Maintenance Engineer V's salary can vary significantly. Here’s a look at the typical salary range:
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Aircraft Maintenance Engineer V Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $146,600 | $12,217 | $2,819 | $70 |
| Average | $142,300 | $11,858 | $2,737 | $68 |
| 25th Percentile | $134,900 | $11,242 | $2,594 | $65 |
Byerly Aviation - Peoria, IL
Med-Trans Corporation - Mount Vernon, IL
Kalitta Air LLC - Chicago, IL
Total Aerospace Services - Chicago, IL
An Aircraft Maintenance Engineer V's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.
Experience is a primary driver of an Aircraft Maintenance Engineer V's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Aircraft Maintenance Engineer III | 4-7 years | $104,608 |
| Aircraft Maintenance Engineer IV | 7+ years | $123,297 |
| Aircraft Maintenance Engineer V | 7-10 years | $142,216 |
| Aircraft Maintenance Engineering Manager | 10+ years | $129,962 |
| Aircraft Maintenance Engineering Senior Manager | 10+ years | $163,491 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Aircraft Maintenance Engineer Vs. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
Aircraft Maintenance Engineer V salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $158,028. While startup companies pay approximate $133,924.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $133,924 |
| Growth Stage | 51~500 | $141,567 |
| Established | 501~5000 | $152,674 |
| Enterprise | 5000+ | $158,028 |
For Aircraft Maintenance Engineer V roles, the industry you choose can affect earning potential by as much as 70% (the gap between the highest and lowest paying industries). Data shows that the Energy & Utilities and Aerospace & Defense sectors offer the strongest compensation, at 40% above the average. In contrast, Aircraft Maintenance Engineer positions in Transportation or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Aircraft Maintenance Engineer V as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Energy & Utilities | $199,220 | $96.0 | 40% |
| Aerospace & Defense | $184,990 | $89.0 | 30% |
| Software & Networking | $170,760 | $82.0 | 20% |
Understanding how an Aircraft Maintenance Engineer V's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $146,600 | $12,217 | $2,819 | $70 |
| Average | $142,300 | $11,858 | $2,737 | $68 |
| 25th Percentile | $134,900 | $11,242 | $2,594 | $65 |
Promotions are the fastest way to increase your earnings. As an Aircraft Maintenance Engineer V, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Aircraft Maintenance Engineering Manager | $130,000 | -9% |
| Aerospace Aviation Maintenance Engineering Manager | $130,800 | -8% |
| Manager of Software Solutions Engineering | $129,800 | -9% |
Ready to take the next step in your career? Browse thousands of current Aircraft Maintenance Engineer V job openings on our job board. Use the search bar below to find your perfect match.
Corporate Flight Management Inc
Quincy, IL
Corporate Flight Management Inc | Quincy, IL
Aircraft Maintenance Technician - Quincy Regional Airport. Salary Range $70,000.00 - $80,000.00 Salary Position Type Full Time Job Shift Any Education Leve... more
5 Days Ago
Aerotek
Wilmington, IL
Aerotek | Wilmington, IL
Maintenance Engineer/Plant Operator. The Maintenance Engineer/Plant Operator ensures reliable facility operations through routine inspections, general main... more
1 Day Ago
Adm
Decatur, IL
Adm | Decatur, IL
Maintenance Engineer - Decatur, IL This is a full time, exempt-level position Position Summary:The Maintenance Engineer will focus on improving plant relia... more
5 Days Ago
Chicago Marriott Northwest
Hoffman Estates, IL
Chicago Marriott Northwest | Hoffman Estates, IL
Job Description. Job Description. You're right—the role should be. on-site. Here's the corrected job description. Chief Maintenance Engineer. Company. The ... more
3 Days Ago
Quality Inn and Suites
Metropolis, IL
Quality Inn and Suites | Metropolis, IL
Overview We are seeking a dynamic and skilled Hotel Maintenance Engineer to ensure the seamless operation and upkeep of our hotel facilities.This vital rol... more
4 Days Ago
NorthPoint Development LLC
Downers Grove, IL
NorthPoint Development LLC | Downers Grove, IL
Job Description. Job Description. This position will be on-site in Chicago, Illinois. Curious about a career with. NorthPoint. NorthPoint is a real estate ... more
4 Days Ago
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