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 Packaging Development Engineer V in Colorado is $165,790 per year, which breaks down to an hourly rate of $80.
However, a Packaging Development 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
Recruit with AI
Smart Recruiting
Packaging Development Engineer V Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $179,690 | $14,974 | $3,456 | $86 |
| Average | $165,790 | $13,816 | $3,188 | $80 |
| 25th Percentile | $153,090 | $12,758 | $2,944 | $74 |
Hunter Douglas - Denver, CO
Hunter Douglas - Broomfield, CO
Stored Energy Systems - Longmont, CO
Xcimer Energy - Denver, CO
A Packaging 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, and company size can directly affect your earning potential.
Experience is a primary driver of a Packaging 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:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Packaging Development Engineer III | 4-7 years | $107,227 |
| Packaging Development Engineer IV | 7+ years | $132,158 |
| Packaging Development Engineer V | 7-10 years | $165,767 |
| Packaging R&D Engineering Manager | 10+ years | $141,481 |
| Packaging Development Engineering Senior Manager | 10+ years | $180,150 |
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 Packaging Development 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:
Packaging 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 $185,592. While startup companies pay approximate $157,007.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $157,007 |
| Growth Stage | 51~500 | $166,053 |
| Established | 501~5000 | $179,222 |
| Enterprise | 5000+ | $185,592 |
For Packaging Development Engineer V roles, the industry you choose can affect earning potential by as much as 10% (the gap between the highest and lowest paying industries). Data shows that the Aerospace & Defense and Biotechnology sectors offer the strongest compensation, at 5% above the average. In contrast, Packaging Development Engineer positions in Transportation or Telecom typically offer lower base pay, as these industries often view Packaging Development Engineer V as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Aerospace & Defense | $174,080 | $84.0 | 5% |
| Biotechnology | $174,080 | $84.0 | 5% |
| Business Services | $174,080 | $84.0 | 5% |
| Chemicals | $174,080 | $84.0 | 5% |
| Construction | $174,080 | $84.0 | 5% |
Understanding how a Packaging 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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $179,690 | $14,974 | $3,456 | $86 |
| Average | $165,790 | $13,816 | $3,188 | $80 |
| 25th Percentile | $153,090 | $12,758 | $2,944 | $74 |
For a Packaging Development Engineer V, the most direct path to higher earnings is advancing to the Packaging R&D Engineering Manager role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $141,500 - a projected growth of -15% over your current level.
Ready to take the next step in your career? Browse thousands of current Packaging Development Engineer V job openings on our job board. Use the search bar below to find your perfect match.
Lunar Outpost
Arvada, CO
Lunar Outpost | Arvada, CO
Job Description. Job Description. Are you passionate about shaping the future of humanity's presence in space. Lunar Outpost, an industry leader in space r... more
5 Days Ago
KRI
Wellington, CO
KRI | Wellington, CO
Job Description. Job Description. KRI is hiring an on-site Product Development Engineer for our Fort Collins team, which means if you've outgrown solving s... more
6 Days Ago
SM-Energy Company
Denver, CO
SM-Energy Company | Denver, CO
Job Description. Job Description. The Sr. Asset Development Engineer will be a member of the Asset Development team located in Denver, CO. Acting as a proj... more
6 Days Ago
Vertafore
Denver, CO
Vertafore | Denver, CO
Job Description. Job Description. $90,000 - $110,000 + VIP Bonus. $90,000 - $110,000 / year. The insurance industry runs on Vertafore. We equip agencies, M... more
3 Days Ago
Umoja Biopharma
Louisville, CO
Umoja Biopharma | Louisville, CO
Job Description. Job Description. Umoja Biopharma is an industry-leading biotech with locations in Seattle, WA and Louisville, CO, focused on transforming ... more
7 Days Ago
Elevation Labs
Denver, CO
Elevation Labs | Denver, CO
Job Description. Job Description. Job Summary:We are seeking a results-driven, innovative, and solutions-oriented Packaging & Automation Engineer to join o... more
5 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:
