As of August 01, 2026, the average hourly rate for an ASIC Design Engineer III in the United States is $61, which translates to an annual salary of about $127,500.
However, the hourly wage can vary significantly based on several factors. Here’s a detailed look at the typical pay range per hour:
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An ASIC Design Engineer III'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 ASIC Design Engineer III'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 |
|---|---|---|
| ASIC Design Engineer I | 0-2 years | $81,243 |
| ASIC Design Engineer II | 2-4 years | $102,230 |
| ASIC Design Engineer III | 4-7 years | $127,448 |
| ASIC Design Engineer IV | 7+ years | $161,199 |
| ASIC Design Engineer Lead | 7-10 years | $190,991 |
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 ASIC Design Engineer IIIs. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 10.53% |
| Perl | 4.05% |
| Algorithms | 2.43% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Perl
|
$138,975 |
9%
|
|
ARM
|
$138,975 |
9%
|
|
Cadence
|
$137,700 |
8%
|
|
Digital Design
|
$135,150 |
6%
|
|
Scripting Language
|
$135,150 |
6%
|
|
Semiconductors
|
$135,150 |
6%
|
ASIC Design Engineer III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $143,871. While startup companies pay approximate $121,760.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $121,760 |
| Growth Stage | 51~500 | $128,762 |
| Established | 501~5000 | $138,949 |
| Enterprise | 5000+ | $143,871 |
For ASIC Design Engineer III roles, the industry you choose can affect earning potential by as much as 55% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Internet sectors offer the strongest compensation, at 30% above the average. In contrast, ASIC Design Engineer positions in Media or Telecom typically offer lower base pay, as these industries often view ASIC Design Engineer III as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Software & Networking | $165,750 | $80.0 | 30% |
| Internet | $153,000 | $74.0 | 20% |
| Biotechnology | $146,625 | $70.0 | 15% |
| Energy & Utilities | $140,250 | $67.0 | 10% |
| Pharmaceuticals | $140,250 | $67.0 | 10% |
Understanding how an ASIC Design Engineer III'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 August 01, 2026Salaries for an ASIC Design Engineer III can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $132,755 in 2023 to around $124,207 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of ASIC Design Engineer III salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $132,755 |
| 2024 | $129,534 |
| 2025 | $124,207 |
| 2026 |
View More
|
| 2027 |
View More
|
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The Software & Networking industry offers the highest average compensation for ASIC Design Engineer III roles, with salaries approximately 30% above the market median.
The salary of an ASIC Verification Engineer at Google typically ranges from $128,100 to $143,100 per year, depending on experience and qualifications. This estimate reflects the compensation for professionals in this field, providing a competitive salary structure for those with relevant expertise.
Intel pays Grade 7 ASIC Design Engineers a base salary ranging from $128,100 to $143,100 per year, with a midpoint of $135,100. In addition to the base salary, there may be additional compensation, which can include bonuses or other incentives.
The estimated take-home salary of an ASIC Design Engineer at Qualcomm ranges from approximately ?1,06,750 per month to ?1,19,250 per month in India, based on an annual salary of ?12,81,000 to ?14,31,000.
The estimated total pay range for an ASIC Design Engineer at NVIDIA is approximately $128,100 to $143,100 per year, which includes base salary and additional compensation. The average base salary for an ASIC Design Engineer at NVIDIA is around $135,100 per year.
The salary for an ASIC Design Engineer typically ranges from $128,100 to $143,100, with a median salary of $135,100. This is a general estimate and may vary based on experience, location, and specific company factors.
In California, the salary for an ASIC Design Engineer ranges from a minimum of $128,100 to a maximum of $143,100, with a mid-salary of $135,100. This reflects the competitive compensation for this role in the region.
Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
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