What are the main factors that influence a Hardware Design Engineer V's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change A Hardware Design Engineer 's salary?

A Hardware Design Engineer 's salary grows with experience: a Hardware Design Engineer III (4-7 years)earns $119,346, a Hardware Design Engineer - Specialist (7+ years)earns $138,794, a Hardware Design Engineer V (7-10 years)earns $163,833, a Hardware Development Engineer VI (10-12 years)earns $195,805, a Hardware Design Engineering Supervisor (12+ years)earns $127,795,

What are the highest paying states for a Hardware Design Engineer V?

Hardware Design Engineer V salary varies significantly by state. The top 3 highest paying states for Hardware Design Engineer V roles are District of Columbia $181,400, California $180,800, Massachusetts $178,300. These tech hubs typically pay 10-15% above the national average.

How much do different types of Hardware Design Engineer roles make?

Salaries for Hardware Design Engineer level roles vary by specialization: Hardware Development Engineer V: $163,890; Hardware R&D Engineer V: $163,853; Hardware Engineer V: $163,833; Hardware Design Engineer - Specialist: $138,800; Hardware Design Engineer IV: $138,800.

How do different companies affect a Hardware Design Engineer V's salary?

Company size, industry, and compensation structure create significant salary variations for Hardware Design Engineer V roles. Large, established industry leaders like C R Bard Inc ($128,509) and Henry Schein Canada ($124,697) offer base salaries 35-40% above the national average. In contrast, smaller firms or startups may offer closer to $82,041.

Hardware Design Engineer V Salary in the United States

How much does a Hardware Design Engineer V make in the United States?

As of October 01, 2026, the average salary for a Hardware Design Engineer V in the United States is $163,900 per year, which breaks down to an hourly rate of $79.

However, a Hardware Design Engineer V's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $179,566
Majority Range (25th-75th percentile): $155,200 to $172,100
Entry-Level (10th percentile): $147,279

10% $147,279

50% (Median) $163,900

90% $179,566

Hardware Design Engineer V Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$172,100	$14,342	$3,310	$83
Average	$163,900	$13,658	$3,152	$79
25th Percentile	$155,200	$12,933	$2,985	$75

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Key Factors That Influence Hardware Design Engineer V Salaries

A Hardware 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, education and company size can directly affect your earning potential.

How Experience Level Affects Hardware Design Engineer Salaries?

Experience is a primary driver of a Hardware 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:

Hardware Design Engineer III (4-7 years): $119,346
Hardware Design Engineer - Specialist (7+ years): $138,794
Hardware Design Engineer V (7-10 years): $163,833
Hardware Development Engineer VI (10-12 years): $195,805
Hardware Design Engineering Supervisor (12+ years): $127,795

Job Role	Years of Experience	Average Salary
Hardware Design Engineer III	4-7 years	$119,346
Hardware Design Engineer - Specialist	7+ years	$138,794
Hardware Design Engineer V	7-10 years	$163,833
Hardware Development Engineer VI	10-12 years	$195,805
Hardware Design Engineering Supervisor	12+ years	$127,795

View as Graph

How Do Hardware Design Engineer V Salaries Vary from State to State?

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 Hardware Design Engineer Vs. For example, consider the average annual salaries in these key locations:

District of Columbia: $181,400.
California: $180,800.
Massachusetts: $178,300.

District of Columbia $181,400 California $180,800 Massachusetts $178,300 Washington $177,700 New Jersey $177,600 Alaska $177,400 Connecticut $175,100 New York $174,200

Hawaii $171,300 Rhode Island $169,900 Maryland $169,000 Minnesota $167,700 Colorado $167,200 Illinois $167,000 Oregon $166,400 Delaware $166,000

New Hampshire $165,700 Virginia $165,000 Pennsylvania $163,100 Nevada $162,200 North Dakota $161,900 Michigan $161,400 Wisconsin $161,200 Vermont $160,900

Texas $159,900 Maine $159,800 Arizona $159,700 Ohio $159,600 Georgia $158,100 Indiana $157,300 Wyoming $157,200 Utah $156,900

Iowa $156,800 Kansas $156,100 Louisiana $155,800 North Carolina $155,700 Missouri $155,700 Florida $155,100 Montana $154,700 Nebraska $154,400

Kentucky $154,200 South Carolina $153,600 Tennessee $153,200 Idaho $153,000 New Mexico $151,800 Oklahoma $151,500 Alabama $150,600 South Dakota $148,900

Arkansas $148,100 West Virginia $147,600 Mississippi $146,200

Top Paying Cities for Hardware Design Engineer Vs

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:

San Jose: $206,700
San Francisco: $204,400
Oakland: $200,100

San Jose, CA $206,700

San Francisco, CA $204,400

Oakland, CA $200,100

New York, NY $188,700

Paramus, NJ $186,400

Queens Village, NY $186,400

Passaic, NJ $186,200

Bergenfield, NJ $186,200

Stamford, CT $185,900

Huntington, NY $185,800

Newark, NJ $184,600

Bridgeport, CT $184,200

Vallejo, CA $183,900

New Brunswick, NJ $183,800

Petaluma, CA $183,700

Middlesex, NJ $183,400

Somerset, NJ $183,300

Santa Cruz, CA $183,100

Boston, MA $182,100

Monterey, CA $181,500

Seattle, WA $181,200

Santa Rosa, CA $181,100

Los Angeles, CA $181,100

Juneau, AK $180,600

Washington, DC $180,500

Orange, CA $179,900

Santa Ana, CA $179,400

Anaheim, CA $179,300

Long Beach, CA $179,300

Anchorage, AK $179,200

Santa Maria, CA $178,700

Everett, WA $178,600

Danbury, CT $178,100

Bremerton, WA $177,800

Tacoma, WA $177,300

Sacramento, CA $177,200

New Suffolk, NY $177,200

Santa Barbara, CA $177,000

Trenton, NJ $176,800

San Diego, CA $176,800

Brockton, MA $176,700

Fairbanks, AK $176,300

Lompoc, CA $175,800

Lowell, MA $175,700

Ventura, CA $175,700

Nashua, NH $175,600

Stockton, CA $175,600

Modesto, CA $174,400

Poughkeepsie, NY $174,100

Olympia, WA $173,800

Kennewick, WA $173,800

New Haven, CT $173,700

Lawrence, MA $173,100

Hartford, CT $172,900

Riverside, CA $172,900

New Bedford, MA $172,700

Richland, WA $172,700

San Bernardino, CA $172,500

Bakersfield, CA $172,500

New Britain, CT $172,400

Atlantic City, NJ $172,400

New London, CT $172,400

Norwich, CT $172,300

Portsmouth, NH $172,300

Boulder, CO $171,900

Portland, OR $171,700

Worcester, MA $171,700

Minneapolis, MN $171,200

Philadelphia, PA $171,000

Honolulu, HI $170,400

Saint Paul, MN $170,300

Vineland, NJ $170,300

Providence, RI $169,800

Chicago, IL $169,400

Bellingham, WA $169,200

Springfield, MA $169,000

Baltimore, MD $169,000

Chico, CA $168,600

Pittsfield, MA $168,100

Manchester, NH $167,800

Spokane, WA $167,100

Denver, CO $167,100

Albany, NY $166,300

Troy, NY $166,200

Nassau, NY $166,100

Schenectady, NY $165,900

Wilmington, DE $165,800

Burlington, VT $165,500

Salem, OR $165,500

Portland, ME $165,000

Yakima, WA $164,800

Rochester, MN $164,300

Reno, NV $164,200

Fresno, CA $164,200

Milwaukee, WI $164,100

Detroit, MI $163,900

Ann Arbor, MI $163,900

Allentown, PA $163,900

Colorado Springs, CO $163,600

Carson City, NV $163,500

Syracuse, NY $163,500

Houston, TX $163,300

Eugene, OR $163,200

Gary, IN $163,000

Springfield, OR $162,900

Bismarck, ND $162,800

Galveston, TX $162,700

Medford, OR $162,500

Fort Collins, CO $162,400

Austin, TX $162,300

Concord, NH $162,300

Mesa, AZ $161,900

Reading, PA $161,900

Phoenix, AZ $161,900

Dallas, TX $161,800

Saint Cloud, MN $161,700

Madison, WI $161,500

Utica, NY $161,000

Rochester, NY $160,800

Raleigh, NC $160,700

Des Moines, IA $160,700

Atlanta, GA $160,500

Battle Creek, MI $160,400

Salt Lake City, UT $160,400

Lancaster, PA $160,100

Harrisburg, PA $159,900

Columbus, OH $159,700

Champaign, IL $159,700

Fort Worth, TX $159,700

Kansas City, MO $159,700

Kansas City, KS $159,700

Boca Raton, FL $159,600

Pittsburgh, PA $159,600

Richmond, VA $159,500

Indianapolis, IN $159,500

Cleveland, OH $159,400

Cincinnati, OH $159,200

Las Vegas, NV $159,200

Petersburg, VA $159,000

Huntsville, AL $158,800

Lansing, MI $158,600

Lebanon, PA $158,600

Pueblo, CO $158,600

Appleton, WI $158,600

Buffalo, NY $158,500

Dayton, OH $158,400

Racine, WI $158,400

Charlotte, NC $158,400

Saint Louis, MO $158,300

Billings, MT $158,200

Gastonia, NC $158,200

York, PA $158,200

Elkhart, IN $158,200

Beaumont, TX $158,100

Lorain, OH $158,100

Benton Harbor, MI $158,100

Binghamton, NY $158,000

Toledo, OH $158,000

Rockford, IL $157,900

Rock Hill, SC $157,900

Springfield, IL $157,800

Elyria, OH $157,800

Fargo, ND $157,800

Flagstaff, AZ $157,700

Fort Lauderdale, FL $157,600

Duluth, MN $157,500

Miami, FL $157,500

Grand Forks, ND $157,300

Cheyenne, WY $157,300

Bangor, ME $157,000

Cedar Rapids, IA $156,800

Durham, NC $156,700

Louisville, KY $156,700

Grand Rapids, MI $156,700

Hialeah, FL $156,700

Casper, WY $156,400

Scranton, PA $156,200

New Orleans, LA $156,200

Virginia Beach, VA $156,200

Akron, OH $156,100

Peoria, IL $155,900

Sarasota, FL $155,900

Nashville, TN $155,700

Omaha, NE $155,700

Green Bay, WI $155,700

Baton Rouge, LA $155,700

Charleston, SC $155,600

Jamestown, NY $155,500

Tucson, AZ $155,500

Davenport, IA $155,500

Saint Petersburg, FL $155,400

Tampa, FL $155,300

Evansville, IN $155,200

Port Arthur, TX $155,200

Bradenton, FL $155,200

Santa Fe, NM $154,900

Orlando, FL $154,600

Clearwater, FL $154,500

Canton, OH $154,200

La Crosse, WI $154,200

Albuquerque, NM $154,100

Newport News, VA $154,100

High Point, NC $154,000

Ogden, UT $154,000

Corpus Christi, TX $153,800

Norfolk, VA $153,700

Laramie, WY $153,700

Saginaw, MI $153,600

Jacksonville, FL $153,600

Rock Island, IL $153,600

Salisbury, NC $153,500

Boise, ID $153,500

Moline, IL $153,400

Fort Myers, FL $153,400

Memphis, TN $153,300

Tulsa, OK $153,300

Waterloo, IA $153,200

Spartanburg, SC $153,000

Provo, UT $152,900

Lincoln, NE $152,900

Fort Wayne, IN $152,900

Cedar Falls, IA $152,700

San Antonio, TX $152,600

Greensboro, NC $152,500

South Bend, IN $152,500

Savannah, GA $152,300

Muskegon, MI $152,300

Birmingham, AL $152,300

Winston Salem, NC $152,200

Lake Charles, LA $151,800

Anderson, IN $151,800

Lexington, KY $151,700

Augusta, GA $151,700

Greenville, SC $151,700

Wichita, KS $151,500

Tuscaloosa, AL $151,500

Lima, OH $151,500

Columbia, SC $151,400

Springfield, OH $151,300

Asheville, NC $151,100

Bloomington, IN $151,000

Knoxville, TN $150,400

Shreveport, LA $150,400

Wilmington, NC $150,100

Roanoke, VA $150,100

Topeka, KS $149,800

Frankfort, KY $149,800

Oklahoma City, OK $149,700

Chillicothe, OH $149,600

Longview, TX $149,600

Melbourne, FL $149,600

Sioux Falls, SD $149,400

Mobile, AL $149,300

Terre Haute, IN $149,300

Altoona, PA $149,200

Amarillo, TX $149,100

Killeen, TX $149,000

Fayetteville, AR $148,900

Chattanooga, TN $148,800

Sioux City, IA $148,700

Idaho Falls, ID $148,600

Lynchburg, VA $148,500

Gainesville, FL $148,300

Portsmouth, OH $148,200

Little Rock, AR $148,200

Lafayette, LA $148,100

Youngstown, OH $148,100

Temple, TX $148,000

Pensacola, FL $148,000

Daytona Beach, FL $148,000

Clarksville, TN $148,000

Hopkinsville, KY $147,500

Erie, PA $147,500

Florence, SC $147,400

Great Falls, MT $147,100

Charleston, WV $147,100

Tallahassee, FL $146,800

Fayetteville, NC $146,800

Macon, GA $146,800

Waco, TX $146,700

Helena, MT $146,600

Pine Bluff, AR $146,600

Vincennes, IN $146,400

Lubbock, TX $146,300

Alamogordo, NM $146,200

Twin Falls, ID $146,100

Rapid City, SD $146,000

Greenville, MS $145,700

Jackson, MS $145,700

Huntington, WV $145,700

Parkersburg, WV $145,500

Montgomery, AL $145,500

Wichita Falls, TX $145,300

Springfield, MO $145,300

Biloxi, MS $145,300

Monroe, LA $145,100

Johnstown, PA $145,000

Columbus, GA $144,900

Sumter, SC $144,900

Pascagoula, MS $144,600

Abilene, TX $144,600

Kingsport, TN $144,200

Albany, GA $144,200

Gulfport, MS $144,100

Alexandria, LA $143,600

Fort Smith, AR $143,200

El Paso, TX $142,700

Las Cruces, NM $142,000

Harlingen, TX $141,600

Pocatello, ID $141,500

Florence, AL $141,300

Brownsville, TX $141,300

Mcallen, TX $140,900

Dothan, AL $140,700

Columbus, MS $139,700

Altus, OK $139,000

Lawton, OK $138,700

Pierre, SD $138,100

What Skills Can Increase a Hardware Design Engineer V's Salary?

Demanded Skills for the Role:

Analysis (Mentioned in 7.47% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Circuit Design (Mentioned in 3.73% Job Postings): The process of circuit design can cover systems ranging from complex electronic systems all the way down to the individual transistors within an integrated circuit. For simple circuits the design process can often be done by one person without needing a planned or structured design process, but for more complex designs, teams of designers following a systematic approach with intelligently guided computer simulation are becoming increasingly common. In integrated circuit design automation, the term "circuit design" often refers to the step of the design cycle which outputs the schematics of the integrated circuit. Typically this is the step between logic design and physical design.
Hardware Development (Mentioned in 2.16% Job Postings): Hardware development is a complex effort that includes the creation and optimization of electronics and mechanical system elements that perform various computational processes.

Skills	Demand Percentage
Analysis	7.47%
Circuit Design	3.73%
Hardware Development	2.16%

See More Skills

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Hardware Design Engineer V's salary.

Accountability: Can increase your salary by up to 14%.
Presentation: Can increase your salary by up to 11%.
Prototyping: Can increase your salary by up to 9%.

Skill	Salary	Salary % Increase
Accountability	$186,846	14%
Presentation	$181,929	11%
Prototyping	$178,651	9%

Get Latest Data

Hardware Design Engineer V Salary by Company Size: Startups vs. Enterprise

Hardware 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 $182,977. While startup companies pay approximate $154,935.

Hardware Design Engineer V Salary by Company Size

Company Size	Employees	Average Salary
Startup	1~50	$154,935
Growth Stage	51~500	$163,824
Established	501~5000	$176,679
Enterprise	5000+	$182,977

Hardware Design Engineer V Salary by Industry: Top Paying Sectors

For Hardware 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 Biotechnology and Software & Networking sectors offer the strongest compensation, at 20% above the average. In contrast, Hardware Design Engineer positions in Edu., Gov't. & Nonprofit or Hospitality & Leisure typically offer lower base pay, as these industries often view Hardware Design Engineer V as a support function rather than a direct revenue driver.

The top paying industries for a Hardware Design Engineer V

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Biotechnology	$196,680	$95.0	20%
Software & Networking	$196,680	$95.0	20%
Energy & Utilities	$188,485	$91.0	15%
Chemicals	$180,290	$87.0	10%
Insurance	$180,290	$87.0	10%

How Education impacts a Hardware Design Engineer V's Salary?

Your level of education can impact your salary potential. While many Hardware Design Engineer Vs enter the field with a High School Diploma or Technical Certificate degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Hardware Design Engineer V with a High School Diploma or Technical Certificate is between $160,097 and $167,722).

Hardware Design Engineer V Salaries by Degree Level

$173,200
$171,400
$169,500
$167,600
$165,800
$163,900
$162,000
$160,100

Typical Education for Hardware Design Engineer V
Degree Level	% of user with this level of education
No Diploma	4.5%
High School	4.5%
Associates	2.7%
Bachelors	23.4%
Masters	57.7%
Doctorate	11.7%

View as Graph

Hardware Design Engineer V Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Hardware 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.

$155,200

Average $163,900/year

$172,100

$12,933

Average $13,658/month

$14,342

$2,985

Average $3,152/week

$3,310

$75

Average $79/hour

$83

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$172,100	$14,342	$3,310	$83
Average	$163,900	$13,658	$3,152	$79
25th Percentile	$155,200	$12,933	$2,985	$75

Hardware Design Engineer V Salary Growth & Career Path

Hardware Design Engineer V

Next Role

Advancement

Hardware Development Engineer VI Hardware Design Engineering Director

For a Hardware Design Engineer V, the most direct path to higher earnings is advancing to the Hardware Development Engineer VI role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $195,900 - a projected growth of 20% over your current level.

Salary Trends for Hardware Design Engineer V

Salaries for a Hardware Design Engineer V can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $159,096 in 2023 to around $152,746 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Hardware Design Engineer V salary trends, .

Average Annual Salary of Hardware Design Engineer V Over Time

$???
$159,096
$157,011
$152,746
$???
$???

2022
2023
2024
2025
2026
2027

Year	Average Annual Salary
2022	View More
2023	$159,096
2024	$157,011
2025	$152,746
2026	View More
2027	View More

Most common benefits for Hardware Design Engineer V

Social Security
401 (k)
Disability
Healthcare
Pension
Time Off (days)

Common company salaries for Hardware Design Engineer V

Here are companies hiring for Hardware Design Engineer V and their salaries, click below for more details.

C $128,509/per year

C R Bard Inc Biotechnology the United States

H $124,697/per year

Henry Schein Canada Biotechnology the United States

N $123,899/per year

Nordex Inc Biotechnology the United States

N $120,416/per year

Nipro Corp Biotechnology the United States

E $115,870/per year

Enovis Biotechnology the United States

A $114,553/per year

Advanced Research Projects Agency - Energy Biotechnology the United States

M $112,110/per year

MiniMed Inc Biotechnology the United States

L $111,500/per year

Labcorp Drug Development Biotechnology the United States

L $110,229/per year

Life Technologies Corp Biotechnology the United States

Z $106,224/per year

Zimmer Biomet Biotechnology the United States

P $103,077/per year

Promontory Therapeutics Biotechnology the United States

S $102,181/per year

Steris PLC Biotechnology the United States

G $97,274/per year

Gavin Conferences Pty Ltd Biotechnology the United States

E $94,764/per year

Endeavor BioMedicines Biotechnology the United States

R $94,402/per year

Replay Holdings LLC Biotechnology the United States

P $94,235/per year

Pleno Inc Biotechnology the United States

S $93,666/per year

Simulaids Inc Biotechnology the United States

N $88,880/per year

NOIRLab/CAS Biotechnology the United States

O $86,468/per year

Onward Technology Biotechnology the United States

L $84,895/per year

LED Medical Diagnostics Inc Biotechnology the United States

E $84,682/per year

Eyeco Ltd Biotechnology the United States

P $84,523/per year

Paerosol Biotechnology the United States

I $83,525/per year

IONIQ Sciences Inc Biotechnology the United States

S $82,815/per year

Stateside PPE Biotechnology the United States

D $82,041/per year

Digi Bio Biotechnology the United States

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FAQ about Hardware Design Engineer V

1. What industry pays the highest salary for Hardware Design Engineer V?

The Biotechnology industry offers the highest average compensation for Hardware Design Engineer V roles, with salaries approximately 20% above the market median.

2. Which engineering is the richest?

Among engineering careers, Hardware Design Engineers stand out with a competitive salary range. The minimum salary is $157,500, the mid-salary is $170,800, and the maximum salary reaches $184,700. This positions them favorably compared to other engineering fields, making Hardware Design Engineering one of the highest-paying specialties.

3. What engineering jobs pay 200k a year?

While many engineering jobs can offer competitive salaries, the average salary for a Hardware Design Engineer ranges from $157,500 to $184,700. Positions like Software Engineer, Mechanical Engineer, and Data Engineer may approach or exceed $200k, especially with experience and specialized skills. Consider roles in high-demand sectors for better compensation.

4. Which engineer has more demand in USA?

While software engineering is highly in demand, hardware design engineers also play a crucial role in technology development. In the USA, hardware design engineers can expect salaries ranging from $157,500 to $184,700, with a median salary of $170,800. This reflects the growing need for skilled professionals in both hardware and software engineering fields.

5. What is the best company for hardware engineers?

The best companies for hardware engineers in 2024 include Qualcomm and Intel. For top salaries, consider Meta, which offers a median salary of $170,800, or Apple, with a median salary of $157,500. The salary range for hardware design engineers typically spans from $157,500 to $184,700, making these companies competitive in the industry.

6. What is the highest salary for a hardware engineer?

The highest salary for a Hardware Design Engineer is $184,700. The minimum salary is $157,500, while the mid-range salary is $170,800. This data reflects the competitive compensation in the field, highlighting the potential for significant earnings based on experience and expertise.

7. What is highest salary for design engineer?

The highest salary for a Hardware Design Engineer is approximately $184,700 per year. The average starting salary is around $157,500, with a mid-range salary of $170,800. Typically, a minimum of one year of experience is required to qualify for this role.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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