As of August 01, 2026, the average salary for a Technical Engineer V in Mitchell, IN is $151,140 per year, which breaks down to an hourly rate of $73.
However, a Technical Engineer V's salary can vary significantly. Here’s a look at the typical salary range:
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A Technical 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, skills, and company size can directly affect your earning potential.
Experience is a primary driver of a Technical 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 Engineer | 4-7 years | $103,422 |
| Engineer - Specialist/Project Lead | 7+ years | $130,899 |
| Technical Engineer V | 7-10 years | $151,140 |
| General Engineer VI | 10-12 years | $174,691 |
| General Engineering Supervisor | 12+ years | $80,267 |
What Am I Worth?
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 5.06% |
| AWS | 2.1% |
| AutoCAD | 1.6% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Decision Making
|
$160,208 |
6%
|
|
Insight
|
$158,697 |
5%
|
|
Team Development
|
$157,186 |
4%
|
|
Innovation
|
$157,186 |
4%
|
|
Software Development
|
$157,186 |
4%
|
|
AWS
|
$157,186 |
4%
|
Technical Engineer V salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $169,193. While startup companies pay approximate $143,133.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $143,133 |
| Growth Stage | 51~500 | $151,380 |
| Established | 501~5000 | $163,385 |
| Enterprise | 5000+ | $169,193 |
For Technical 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 Aerospace & Defense and Biotechnology sectors offer the strongest compensation, at 20% above the average. In contrast, Technical Engineer positions in Transportation or Telecom typically offer lower base pay, as these industries often view Technical 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 | $181,368 | $87.0 | 20% |
| Biotechnology | $181,368 | $87.0 | 20% |
| Business Services | $181,368 | $87.0 | 20% |
| Chemicals | $181,368 | $87.0 | 20% |
| Construction | $181,368 | $87.0 | 20% |
Understanding how a Technical 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.
Last Updated on August 01, 2026Promotions are the fastest way to increase your earnings. As a Technical 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 |
|---|---|---|
| Aviation Engineer VI | $186,300 | 23% |
| Aerospace Aviation Engineer VI | $186,000 | 23% |
| General Engineer VI | $174,700 | 16% |
| GNC Engineer VI | $198,100 | 31% |
Ready to take the next step in your career? Browse thousands of current Technical Engineer V job openings on our job board. Use the search bar below to find your perfect match.
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