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Hourly Wage for Hardware Development Engineer V Salary in the United States

What is the hourly salary range of Hardware Development Engineer V?

As of August 01, 2026, the average hourly rate for a Hardware Development Engineer V in the United States is $79, which translates to an annual salary of about $163,890.

However, the hourly wage can vary significantly based on several factors. Here’s a detailed look at the typical pay range per hour:

  • Top Earners (90th percentile): $86 per hour
  • Majority Range (25th-75th percentile): $75 to $83 per hour
  • Entry-Level (10th percentile): $71 per hour
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Paid Annually Paid Monthly Paid Semimonthly Paid Biweekly Paid Weekly Paid Hourly
View as table View as graph 25% $75 10% $71 90% $86 75% $83 $79 50%(Median) Didn’t find job title? Click

Hardware Development Engineer V Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $172,090 $14,341 $3,309 $83
Average $163,890 $13,658 $3,152 $79
25th Percentile $155,190 $12,933 $2,984 $75
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Key Factors That Influence Hardware Development Engineer V Salaries

A Hardware Development 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 Development Engineer Salaries?

Experience is a primary driver of a Hardware Development 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): $114,280
  • Hardware Design Engineer - Specialist (7+ years): $138,797
  • Hardware Development Engineer V (7-10 years): $163,843
  • Hardware Development Engineer VI (10-12 years): $195,812
  • Hardware Design Engineering Supervisor (12+ years): $127,804
Job Role Years of Experience Average Salary
Hardware Design Engineer III4-7 years$114,280
Hardware Design Engineer - Specialist7+ years$138,797
Hardware Development Engineer V7-10 years$163,843
Hardware Development Engineer VI10-12 years$195,812
Hardware Design Engineering Supervisor12+ years$127,804
$114,280 Hardware ...
$138,797 Hardware ...
$163,843 Hardware ...
$195,812 Hardware ...
$127,804 Hardware ...
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What Am I Worth?

Top Paying Cities for Hardware Development 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: $206,690
  • San Francisco: $204,390
  • Oakland: $200,090

What Skills Can Increase a Hardware Development 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.
See More Skills
Skills Demand Percentage
Analysis 7.47%
Circuit Design 3.73%
Hardware Development 2.16%
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 Development 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
 $186,835
14%
Presentation
 $181,918
11%
Prototyping
 $178,640
9%
Building Relationships
 $177,001
8%
Commitment
 $175,362
7%
Ethernet
 $175,362
7%
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Hardware Development Engineer V Salary by Company Size: Startups vs. Enterprise

Hardware Development Engineer V salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $183,465. While startup companies pay approximate $155,207.

Hardware Development Engineer V Salary by Company Size

Company Size Employees Average Salary
Startup1~50$155,207
Growth Stage51~500$164,150
Established501~5000$177,168
Enterprise5000+$183,465

Hardware Development Engineer V Salary by Industry: Top Paying Sectors

For Hardware Development 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 Development Engineer positions in Edu., Gov't. & Nonprofit or Hospitality & Leisure typically offer lower base pay, as these industries often view Hardware Development Engineer V as a support function rather than a direct revenue driver.

The top paying industries for a Hardware Development Engineer V

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Biotechnology$196,668$95.020%
Software & Networking$196,668$95.020%
Energy & Utilities$188,473$91.015%
Chemicals$180,279$87.010%
Insurance$180,279$87.010%

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

Your level of education can impact your salary potential. While many Hardware Development 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 Development Engineer V with a High School Diploma or Technical Certificate is between $160,087 and $167,712).

Hardware Development Engineer V Salaries by Degree Level

Typical Education for Hardware Development 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%
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Hardware Development Engineer V Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Hardware Development 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.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on August 01, 2026
$155,190
Average $163,890/year
$172,090
$12,933
Average $13,658/month
$14,341
$2,984
Average $3,152/week
$3,309
$75
Average $79/hour
$83
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $172,090 $14,341 $3,309 $83
Average $163,890 $13,658 $3,152 $79
25th Percentile $155,190 $12,933 $2,984 $75

Salaries of jobs related to Hardware Development Engineer V

Salary Trends for Hardware Development Engineer V

Salaries for a Hardware Development 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 Development Engineer V salary trends, .

Average Annual Salary of Hardware Development Engineer V Over Time

2022
$???
2023
$159,096
2024
$157,011
2025
$152,746
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 Development Engineer V

Social Security
401(k)
Disability
Healthcare
Pension
Time Off (days)
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Common company salaries for Hardware Development Engineer V

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

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Ready to take the next step in your career? Browse thousands of current Hardware Development Engineer V job openings on our job board. Use the search bar below to find your perfect match.

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FAQ about Hardware Development Engineer V

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

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

2. What engineering jobs pay 200k a year?

While many engineering jobs offer competitive salaries, positions like Hardware Development Engineer typically range from $157,490 to $184,690. For roles paying $200k or more, consider specialized fields or senior positions such as CNO Software Engineer or Lead Engineer, which may exceed this range based on experience and location.

3. What is a good salary for an engineer in USA?

A good salary for a Hardware Development Engineer in the USA typically ranges from $157,490 to $184,690 annually, with a mid-salary of around $170,790. This range reflects the competitive nature of the field, ensuring that skilled engineers are compensated fairly for their expertise and contributions.

4. How much does a development engineer earn in USA?

The estimated total pay for a Hardware Development Engineer in the USA ranges from $157,490 to $184,690 per year, with a mid-salary of $170,790. These figures reflect the salary range based on industry data, providing a clear picture of potential earnings in this field.

5. How much does a development engineer earn in USA?

The estimated total pay for a Hardware Development Engineer in the USA ranges from $157,490 to $184,690 per year, with a mid-salary of $170,790. These figures reflect the salary range based on industry data and provide a comprehensive view of potential earnings in this field.

6. What is the salary of AV engineer in USA?

The salary for a Hardware Development Engineer in the USA ranges from $157,490 to $184,690 annually, with a mid-point salary of $170,790. This translates to an hourly rate of approximately $75.73 to $88.73, or about $3,124 to $3,873 per week.

7. What is the highest paying job?

The highest paying job in the field of Hardware Development Engineering offers a maximum salary of $184,690. The minimum salary starts at $157,490, with a mid-range salary of $170,790. This indicates a competitive salary structure, reflecting the demand and expertise required in this profession.

Where Does Our Salary Data Come From?

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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