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As of August 01, 2026, the average salary for an Electronics Design Engineer V in Indiana is $162,500 per year, which breaks down to an hourly rate of $78.
However, an Electronics Design Engineer V's salary can vary significantly. Here’s a look at the typical salary range:
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Electronics Design Engineer V Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $170,900 | $14,242 | $3,287 | $82 |
| Average | $162,500 | $13,542 | $3,125 | $78 |
| 25th Percentile | $151,300 | $12,608 | $2,910 | $73 |
Fill-Rite - Fort Wayne, IN
NCW - Nappanee, IN
POLYWOOD - Syracuse, IN
Securitas Technology Corporation - Fishers, IN
An Electronics Design 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 Electronics Design 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 |
|---|---|---|
| Electronics Design Engineer III | 4-7 years | $115,916 |
| Electronics Design Engineer IV | 7+ years | $138,020 |
| Electronics Design Engineer V | 7-10 years | $162,452 |
| Electronic Systems Engineer VI | 10-12 years | $212,648 |
| Electronic Systems Engineering Manager | 12+ years | $132,909 |
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 Electronics Design 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:
Electronics Design Engineer V salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $181,909. While startup companies pay approximate $153,891.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $153,891 |
| Growth Stage | 51~500 | $162,758 |
| Established | 501~5000 | $175,666 |
| Enterprise | 5000+ | $181,909 |
For Electronics Design Engineer V roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Aerospace & Defense and Business Services sectors offer the strongest compensation, at 20% above the average. In contrast, Electronics Design Engineer positions in Biotechnology or Transportation typically offer lower base pay, as these industries often view Electronics Design Engineer V as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Aerospace & Defense | $195,000 | $94.0 | 20% |
Understanding how an Electronics Design 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 | $170,900 | $14,242 | $3,287 | $82 |
| Average | $162,500 | $13,542 | $3,125 | $78 |
| 25th Percentile | $151,300 | $12,608 | $2,910 | $73 |
Promotions are the fastest way to increase your earnings. As an Electronics Design 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 |
|---|---|---|
| Digital Signal Processing Engineer VI | $208,400 | 28% |
| EE VI | $192,800 | 19% |
| Electronic Systems Engineer VI | $212,700 | 31% |
| Radio Frequency Design Engineer VI | $175,100 | 8% |
Ready to take the next step in your career? Browse thousands of current Electronics Design Engineer V job openings on our job board. Use the search bar below to find your perfect match.
Aegis Worldwide
Seymour, IN
Aegis Worldwide | Seymour, IN
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NIdec Motor
Princeton, IN
NIdec Motor | Princeton, IN
We begin with dreams. Dreams drive our motivation. Dreams are our future. The world's dreams, people's dreams, our dreams. Our passion creates ideas that m... more
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Talis Group, Inc.
Jeffersonville, IN
Talis Group, Inc. | Jeffersonville, IN
Job Description. Job Description. Talis Group’s client is a leading manufacturer of mechanical tools and equipment for the consumer industry and dedicated ... more
6 Days Ago
Alliance Technical Group
Indianapolis, IN
Alliance Technical Group | Indianapolis, IN
Job Description. Job Description. Locations. Pensacola, FL | Tampa, FL | Export, PA | Indianapolis, IN. Employment Type. Full-Time. Alliance Technical Grou... more
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Placon Corporation
Elkhart, IN
Placon Corporation | Elkhart, IN
Job Description. Job Description. The Lead Design Engineer is responsible for direction and leadership to the Design department at Barger ensuring project ... more
6 Days Ago
Micropulse, Inc.
Columbia City, IN
Micropulse, Inc. | Columbia City, IN
Job Description. Job Description. Job Description. The Tooling Design Engineer will report directly to the Director of Operations. This position will have... more
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