As of September 01, 2026, the average salary for a Modeling & Simulation Engineer III in the United States is $118,700 per year, which breaks down to an hourly rate of $57.
However, a Modeling & Simulation Engineer III's salary can vary significantly. Here’s a look at the typical salary range:
Modeling & Simulation Engineer III Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
|---|---|---|---|---|
| 75th Percentile | $127,100 | $10,592 | $2,444 | $61 |
| Average | $118,700 | $9,892 | $2,283 | $57 |
| 25th Percentile | $106,700 | $8,892 | $2,052 | $51 |
A Modeling & Simulation 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 Modeling & Simulation 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 |
|---|---|---|
| Modeling & Simulation Engineer I | 0-2 years | $78,361 |
| Modeling & Simulation Engineer II | 2-4 years | $93,758 |
| Modeling & Simulation Engineer III | 4-7 years | $118,662 |
| Modeling & Simulation Engineer IV | 7+ years | $144,552 |
| Modeling & Simulation Engineer V | 7-10 years | $173,924 |
Modeling & Simulation Engineer III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $132,652. While startup companies pay approximate $112,210.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $112,210 |
| Growth Stage | 51~500 | $118,674 |
| Established | 501~5000 | $128,093 |
| Enterprise | 5000+ | $132,652 |
Understanding how a Modeling & Simulation 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 | $127,100 | $10,592 | $2,444 | $61 |
| Average | $118,700 | $9,892 | $2,283 | $57 |
| 25th Percentile | $106,700 | $8,892 | $2,052 | $51 |
Next Role
Advancement
For a Modeling & Simulation Engineer III, the most direct path to higher earnings is advancing to the Modeling & Simulation Engineer IV role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $144,600 - a projected growth of 22% over your current level.
Salaries for a Modeling & Simulation Engineer III can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $120,204 in 2023 to around $118,854 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Modeling & Simulation Engineer III salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 | View More |
| 2023 | $120,204 |
| 2024 | $120,516 |
| 2025 | $118,854 |
| 2026 |
View More
|
| 2027 |
View More
|
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The Software & Networking industry offers the highest average compensation for Modeling & Simulation Engineer III roles, with salaries approximately 40% above the market median.
A Level 3 Modeling & Simulation Engineer in the USA typically earns between $113,400 and $138,400 annually. The average salary is around $125,100, translating to a monthly pay of approximately $10,425. This range reflects the competitive nature of the field, with top earners reaching the higher end of the scale.
Modeling and simulation can be challenging due to the complexity of creating realistic models based on research and historical data. The main drawback is that simulations may not fully capture real-world reactions. However, the role of a Modeling & Simulation Engineer is well-compensated, with salaries ranging from $113,400 to $138,400, reflecting the expertise required in this field.
Among engineering roles, Modeling & Simulation Engineers have competitive salaries, with a minimum of $113,400, a mid-range of $125,100, and a maximum of $138,400. While various engineering fields offer high pay, the specific salary for Modeling & Simulation Engineers highlights their value in the industry.
The salary of a Modeling & Simulation Engineer typically ranges from $113,400 to $138,400, with a median salary of $125,100. This reflects the competitive nature of the field, where professionals can expect to earn within this range based on their experience and expertise.
The highest-paid engineering role in the USA is the Modeling & Simulation Engineer, with a salary range from $113,400 to $138,400, and a median salary of $125,100. This positions them among the top earners in the engineering field, surpassing other roles like Mechanical and Environmental Engineers, which have median salaries below $100,000.
As of January 21, 2025, a Modeling & Simulation Engineer in the United States earns between $113,400 and $138,400 annually, with a median salary of $125,100. This translates to approximately $54.49 to $66.54 per hour, or $2,200 to $2,650 per week, and $9,533 to $11,583 per month.
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