As of January 01, 2025, the average annual salary for an Algorithm and Simulation Engineer III in the United States is $125,096. Salary.com reports that pay typically ranges from $113,330 to $138,393, with most professionals earning between $102,617 and $150,499.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $138,393 | $11,533 | $2,661 | $67 |
| Average | $125,096 | $10,425 | $2,406 | $60 |
| 25th Percentile | $113,330 | $9,444 | $2,179 | $54 |
An entry-level Algorithm and Simulation Engineer III with less than 1 year of experience earns about $118,858. With 1-2 years of experience, the average salary increases to $119,729. For 2-4 years of experience, the pay typically rises to $121,472. Senior-level professionals with 5-8 years of experience earn around $126,448, and those with over 8 years of experience can expect an average of $130,975.
| Levels | Salary |
|---|---|
| Entry Level Algorithm and Simulation Engineer III | $118,858 |
| Intermediate Level Algorithm and Simulation Engineer III | $119,729 |
| Senior Level Algorithm and Simulation Engineer III | $121,472 |
| Specialist Level Algorithm and Simulation Engineer III | $126,448 |
| Expert Level Algorithm and Simulation Engineer III | $130,975 |
| Entry Level | 5% |
| Mid Level | 4% |
| Senior Level | 3% |
| Top Level | 1% |
| Experienced | 5% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of January 01, 2025, our research reveals a significant shift in Algorithm and Simulation Engineer III compensation over the past six years. For example, the median salary increased from $120,204 in 2023 to approximately $120,516 in 2024. (For a detailed analysis of Algorithm and Simulation Engineer III salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Algorithm and Simulation Engineer III information for you to search for. Click on search button below to see Algorithm and Simulation Engineer III job openings or enter a new job title here.
Here are companies hiring for Algorithm and Simulation Engineer III and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $125,096 | 71.3% | ||
| Bonus | $1,897 | 1.1% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $9,715 | 5.5% | ||
| 401K/403B | $5,334 | 3.0% | ||
| Disability | $2,540 | 1.4% | ||
| Healthcare | $8,352 | 4.8% | ||
| Pension | $6,858 | 3.9% | ||
| Time Off | $15,630 | 8.9% | ||
| Total Compensation | $175,422 | 100% | ||
The average annual salary of Algorithm and Simulation Engineer III is $125,096. In case you are finding an easy salary calculator, the average hourly pay of Algorithm and Simulation Engineer III is $60; the average weekly pay of Algorithm and Simulation Engineer III is $2,406; the average monthly pay of Algorithm and Simulation Engineer III is $10,425.
An Algorithm and Simulation Engineer III's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, an Algorithm and Simulation Engineer III earns the most in San Jose, CA, where the annual salary of an Algorithm and Simulation Engineer III is $156,996.
The highest pay for Algorithm and Simulation Engineer III is $150,499.
The lowest pay for Algorithm and Simulation Engineer III is $102,617.
Algorithm and Simulation Engineer III designs, develops, and evaluates the effectiveness of algorithms and frameworks to simulate and model complex systems such as behavior, threat detection, or real-world systems or vision. Uses machine learning, computational methods, and data analysis to identify, implement, and test relevant and viable algorithms for modeling a system or problem. Being an Algorithm and Simulation Engineer III creates scalable frameworks to run simulations repeatedly and quickly or model operational environments and processes. Develops visualizations to review and communicate results. Additionally, Algorithm and Simulation Engineer III writes and reviews code in relevant languages, packages, and libraries. Typically requires a master's degree in mathematics, physics, computer science, or engineering. Typically reports to a manager or head of a unit/department. The Algorithm and Simulation Engineer III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be an Algorithm and Simulation Engineer III typically requires 4 -7 years of related experience.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
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