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 V in Minnesota is $152,023 per year, which breaks down to an hourly rate of $73.
However, a Mechanical Design Engineer V'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
AI-Powered HR
Recruit with AI
Mechanical Design Engineer V Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $159,573 | $13,298 | $3,069 | $77 |
| Average | $152,023 | $12,669 | $2,924 | $73 |
| 25th Percentile | $144,423 | $12,035 | $2,777 | $69 |
RFA Engineering - Eden Prairie, MN
Star Group - Minneapolis, MN
Brightpath Associates LLC - Morris, MN
Apex Engineering Group - Detroit Lakes, MN
A Mechanical 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 a Mechanical 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 |
|---|---|---|
| Senior Mechanical Engineer | 4-7 years | $110,865 |
| Specialist Mechanical Engineer | 7+ years | $132,102 |
| Mechanical Design Engineer V | 7-10 years | $152,004 |
| Advisor Mechanical Engineer | 10-12 years | $193,392 |
| Mechanical Design Engineering Supervisor | 12+ years | $103,936 |
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 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:
Mechanical 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 $170,181. While startup companies pay approximate $143,969.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $143,969 |
| Growth Stage | 51~500 | $152,264 |
| Established | 501~5000 | $164,340 |
| Enterprise | 5000+ | $170,181 |
For Mechanical Design Engineer V 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 Financial Services and Internet sectors offer the strongest compensation, at 25% above the average. In contrast, Mechanical Design Engineer positions in Edu., Gov't. & Nonprofit or Transportation typically offer lower base pay, as these industries often view Mechanical Design Engineer V as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $190,029 | $91.0 | 25% |
| Internet | $182,428 | $88.0 | 20% |
| Biotechnology | $174,826 | $84.0 | 15% |
| Energy & Utilities | $174,826 | $84.0 | 15% |
| Software & Networking | $174,826 | $84.0 | 15% |
Understanding how a Mechanical 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 | $159,573 | $13,298 | $3,069 | $77 |
| Average | $152,023 | $12,669 | $2,924 | $73 |
| 25th Percentile | $144,423 | $12,035 | $2,777 | $69 |
Promotions are the fastest way to increase your earnings. As a Mechanical 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 |
|---|---|---|
| Manufacturing Product Engineering Supervisor | $128,300 | -16% |
| Advisor Mechanical Engineer | $193,400 | 27% |
Ready to take the next step in your career? Browse thousands of current Mechanical Design Engineer V job openings on our job board. Use the search bar below to find your perfect match.
Apex Engineering Group
Hopkins, MN
Apex Engineering Group | Hopkins, MN
Job Description. Job Description. Office Location. Any Apex Office. (Fargo, Bismarck, or Dickinson, ND or Detroit Lakes, St. Cloud, or Minnetonka, MN). Ape... more
8 Days Ago
Apex Engineering Group
Saint Cloud, MN
Apex Engineering Group | Saint Cloud, MN
Job Description. Job Description. Office Location. Any Apex Office. (Fargo, Bismarck, or Dickinson, ND or Detroit Lakes, St. Cloud, or Minnetonka, MN). Ape... more
8 Days Ago
Bolton & Menk, Inc
Mountain Iron, MN
Bolton & Menk, Inc | Mountain Iron, MN
Job Description. Job Description. Bolton & Menk has an exciting opportunity for a Design Engineer, EIT, to join our Transportation team in our Duluth offic... more
5 Days Ago
Bolton & Menk, Inc
Willmar, MN
Bolton & Menk, Inc | Willmar, MN
Job Description. Job Description. Bolton & Menk has an exciting opportunity for a Design Engineer, EIT, to join our Transportation team in our Willmar offi... more
5 Days Ago
Bolton & Menk, Inc
Mankato, MN
Bolton & Menk, Inc | Mankato, MN
Job Description. Job Description. Bolton & Menk has an exciting opportunity for a Design Engineer, EIT, to join our Municipal team in our Mankato office. A... more
6 Days Ago
Bolton & Menk, Inc
Baxter, MN
Bolton & Menk, Inc | Baxter, MN
Job Description. Job Description. Bolton & Menk has an exciting opportunity for a Design Engineer, EIT, to join our Municipal team in our Baxter office. As... more
6 Days 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:
