Know your market value with insights across roles — from individual contributors to executive pay and overall company compensation trends.
Access a suite of powerful calculators to make data-driven career decisions.
Automate pay cycles, manage job architectures, and ensure pay equity with AI-powered compensation platforms.
Access validated salary benchmarks, labor market trends, and minimum wage data to stay competitive.
Participate in and purchase industry-specific salary surveys to obtain the most accurate, peer-reported pay data.
As of August 01, 2026, the average salary for a Mechanical Design Engineer III in Indiana is $104,000 per year, which breaks down to an hourly rate of $50.
However, a Mechanical Design Engineer III's salary can vary significantly. Here’s a look at the typical salary range:
Compensation Planning
Develop a Job Description
Pay Equity
2026 Compensation Trend
Smart Recruiting
Recruit with AI
Mechanical Design Engineer III Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $111,720 | $9,310 | $2,148 | $54 |
| Average | $104,000 | $8,667 | $2,000 | $50 |
| 25th Percentile | $96,880 | $8,073 | $1,863 | $47 |
SMC Corporation of America - Noblesville, IN
Pro Tunnel Parts - Huntertown, IN
SMC Corporation of America - Greenfield, IN
Arrow Electronics, Inc. - SAN JOSE, CA
A Mechanical 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 a Mechanical 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 |
|---|---|---|
| Entry Mechanical Engineer | 0-2 years | $76,312 |
| Intermediate Mechanical Engineer | 2-4 years | $89,987 |
| Mechanical Design Engineer III | 4-7 years | $103,997 |
| Specialist Mechanical Engineer | 7+ years | $123,917 |
| Expert Mechanical Engineer | 7-10 years | $142,586 |
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 Mechanical Design Engineer IIIs. 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:
Mechanical 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 $116,422. While startup companies pay approximate $98,490.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $98,490 |
| Growth Stage | 51~500 | $104,165 |
| Established | 501~5000 | $112,426 |
| Enterprise | 5000+ | $116,422 |
For Mechanical Design Engineer III 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 Biotechnology sectors offer the strongest compensation, at 20% above the average. In contrast, Mechanical Design Engineer positions in Transportation or Telecom typically offer lower base pay, as these industries often view Mechanical Design Engineer III as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Aerospace & Defense | $124,800 | $60.0 | 20% |
| Biotechnology | $124,800 | $60.0 | 20% |
| Business Services | $124,800 | $60.0 | 20% |
| Chemicals | $124,800 | $60.0 | 20% |
| Construction | $124,800 | $60.0 | 20% |
Understanding how a Mechanical 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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $111,720 | $9,310 | $2,148 | $54 |
| Average | $104,000 | $8,667 | $2,000 | $50 |
| 25th Percentile | $96,880 | $8,073 | $1,863 | $47 |
Promotions are the fastest way to increase your earnings. As a Mechanical Design Engineer III, 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 |
|---|---|---|
| Manufacturing Product Engineer IV | $126,400 | 22% |
| Specialist Mechanical Engineer | $123,920 | 19% |
Ready to take the next step in your career? Browse thousands of current Mechanical Design Engineer III job openings on our job board. Use the search bar below to find your perfect match.
Altamira Material Solutions
JERSEY VILLAGE, TX
Altamira Material Solutions | JERSEY VILLAGE, TX
Role and Responsibilities The Application Design Engineer serves as the technical liaison between customers, sales, quality, and manufacturing. This role i... more
1 Day Ago
JABIL CIRCUIT, INC
SALT LAKE CITY, UT
JABIL CIRCUIT, INC | SALT LAKE CITY, UT
JOB SUMMARY. Develops new engineering designs ranging from basic to high complexity. Develops and communicates technical solutions to other engineers and b... more
3 Days Ago
Cyntergy
TULSA, OK
Cyntergy | TULSA, OK
REFRIGERATION DESIGN ENGINEER LOCATION | Tulsa, Oklahoma REPORTS TO | Deputy Director of Refrigeration Engineering TEAM | Mechanical/Refrigeration Engineer... more
3 Days Ago
Boeing
PINEHAVEN, SC
Boeing | PINEHAVEN, SC
Job Description At Boeing, we innovate and collaborate to make the world a better place. We’re committed to fostering an environment for every teammate tha... more
1 Day Ago
Horstman Inc
STERLING HEIGHTS, MI
Horstman Inc | STERLING HEIGHTS, MI
Job Title: Mechanical Engineer Department: 400 Reports To: Director of Engineering FLSA: Salary - Exempt Prepared By: Human Resources HORSTMAN Horstman is ... more
1 Day Ago
3G Productions LLC
LAS VEGAS, NV
3G Productions LLC | LAS VEGAS, NV
JOB DESCRIPTION AVL Design Engineer Position Overview The AVL Design Engineer is responsible for the design and development of professional audio, video, a... more
1 Day Ago
Get a Salary Increase
Analyze the market and your qualifications to negotiate your salary with confidence.
Search Job Openings
Search thousands of open positions to find your next opportunity.
Adjust Employee Salary
Individualize employee pay based on unique job requirements and personal qualifications.
Price My Industry Jobs
Get the latest market price for benchmark jobs and jobs in your industry.
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.
Explore Cost of Living CalculatorSalary.com experts will help you thrive your workplaces.
Salary.com provides salary survey data for thousands of industry Jobs.
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.
Salary.com's CompAnalyst platform offers:
