As of July 01, 2026, the average salary for an Alloy and Materials Engineer V in the United States is $140,400 per year, which breaks down to an hourly rate of $68.
However, an Alloy and Materials Engineer V's salary can vary significantly. Here’s a look at the typical salary range:
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An Alloy and Materials 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, education, and company size can directly affect your earning potential.
Experience is a primary driver of an Alloy and Materials 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 |
|---|---|---|
| Alloy and Materials Engineer III | 4-7 years | $99,464 |
| Alloy and Materials Engineer IV | 7+ years | $120,754 |
| Alloy and Materials Engineer V | 7-10 years | $140,400 |
| Alloy and Materials Engineering Supervisor | 10+ years | $129,095 |
| Alloy and Materials Engineering Manager | 10+ years | $146,883 |
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 Alloy and Materials Engineer Vs. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Leadership | 9.09% |
| Economics | 4.55% |
| New Product Development | 4.55% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Product Quality
|
$165,672 |
18%
|
|
Customer Support
|
$158,652 |
13%
|
|
Casting
|
$157,248 |
12%
|
|
Quality Control
|
$154,440 |
10%
|
|
Technical Support
|
$147,420 |
5%
|
|
Innovation
|
$147,420 |
5%
|
Alloy and Materials Engineer V salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $156,548. While startup companies pay approximate $132,463.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $132,463 |
| Growth Stage | 51~500 | $140,072 |
| Established | 501~5000 | $151,206 |
| Enterprise | 5000+ | $156,548 |
For Alloy and Materials Engineer V roles, the industry you choose can affect earning potential by as much as 100% (the gap between the highest and lowest paying industries). Data shows that the MFG Durable and Financial Services sectors offer the strongest compensation, at 50% above the average. In contrast, Alloy and Materials Engineer positions in MFG Nondurable or Energy & Utilities typically offer lower base pay, as these industries often view Alloy and Materials Engineer V as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| MFG Durable | $210,600 | $101.0 | 50% |
| Financial Services | $168,480 | $81.0 | 20% |
Your level of education can impact your salary potential. While many Alloy and Materials Engineer Vs enter the field with a Master's Degree or MBA degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for an Alloy and Materials Engineer V with a Master's Degree or MBA is between $126,166 and $134,530).
Alloy and Materials Engineer V Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 39.3% |
| High School | 35.7% |
| Associates | 25.0% |
| Bachelors | 39.3% |
| Masters | 35.7% |
| Doctorate | 25.0% |
Understanding how an Alloy and Materials 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.
Last Updated on July 01, 2026Promotions are the fastest way to increase your earnings. As an Alloy and Materials 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 |
|---|---|---|
| Materials Evaluation and Analysis Manager | $141,500 | 1% |
| Alloy and Materials Engineering Supervisor | $129,100 | -8% |
Salaries for an Alloy and Materials Engineer V can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $149,777 in 2023 to around $147,514 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Alloy and Materials Engineer V salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $149,777 |
| 2024 | $148,822 |
| 2025 | $147,514 |
| 2026 |
View More
|
| 2027 |
View More
|
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The MFG Durable industry offers the highest average compensation for Alloy and Materials Engineer V roles, with salaries approximately 50% above the market median.
The estimated total pay range for an Alloy and Materials Engineer is $118,500 to $150,100 per year, which includes base salary and additional compensation. The mid-salary for this role is approximately $131,800.
The highest salary for a Materials Engineer can reach up to $150,100. For context, the minimum salary starts at $118,500, while the mid-range salary is approximately $131,800. This reflects the competitive compensation in the field, particularly for experienced professionals.
The highest paid Alloy and Materials Engineer can expect a salary ranging from $118,500 to $150,100, with a mid-salary of $131,800. This reflects the competitive nature of the field, where experienced professionals can command significant compensation.
Yes, materials engineers are in demand. Employment is projected to grow 7% from 2023 to 2033, which is faster than the average for all occupations. On average, about 1,700 openings for materials engineers are expected each year. The salary range for this role is between $118,500 and $150,100, with a median salary of $131,800.
Engineers typically earn between $118,500 and $150,100 annually, with a mid-salary of $131,800. While some specialized roles may offer higher salaries, such as AI Software Engineers or Data Engineers, reaching $200,000 is uncommon for most engineering positions. Focus on gaining experience and skills to increase earning potential in the field.
Alloy in New York offers competitive salaries for its engineering roles. For an Alloy and Materials Engineer, the salary ranges from a minimum of $118,500 to a mid-level of $131,800, with a maximum salary reaching $150,100 per year. This reflects the company's commitment to attracting skilled professionals in the field.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
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