As of July 01, 2026, the average salary for a Chemical Engineer V in Clovis, NM is $149,352 per year, which breaks down to an hourly rate of $72.
However, a Chemical Engineer V's salary can vary significantly. Here’s a look at the typical salary range:
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A Chemical 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 Chemical 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 |
|---|---|---|
| Chemical Engineer III | 4-7 years | $103,676 |
| Chemical Engineer IV | 7+ years | $125,340 |
| Chemical Engineer V | 7-10 years | $149,352 |
| Chemical Engineer VI | 10-12 years | $172,264 |
| Chemical Engineering Manager | 12+ years | $134,178 |
What Am I Worth?
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Consulting | 8.37% |
| Support Services | 2.79% |
| Environmental Technology | 1.99% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Communicates Effectively
|
$170,261 |
14%
|
|
Chemistry
|
$167,274 |
12%
|
|
Employee Health and Safety
|
$165,780 |
11%
|
|
Taking Action
|
$165,780 |
11%
|
|
Mechanical Engineering
|
$164,287 |
10%
|
|
Quality Control
|
$158,313 |
6%
|
Chemical Engineer V salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $167,143. While startup companies pay approximate $141,476.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $141,476 |
| Growth Stage | 51~500 | $149,591 |
| Established | 501~5000 | $161,444 |
| Enterprise | 5000+ | $167,143 |
For Chemical 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 Biotechnology sectors offer the strongest compensation, at 25% above the average. In contrast, Chemical Engineer positions in Transportation or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Chemical 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 | $186,690 | $90.0 | 25% |
| Biotechnology | $179,222 | $86.0 | 20% |
| Pharmaceuticals | $176,235 | $85.0 | 18% |
| Energy & Utilities | $171,754 | $83.0 | 15% |
| Aerospace & Defense | $164,287 | $79.0 | 10% |
Understanding how a Chemical 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 July 01, 2026For a Chemical Engineer V, the most direct path to higher earnings is advancing to the Chemical Engineer VI role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $172,264 - a projected growth of 15% over your current level.
Ready to take the next step in your career? Browse thousands of current Chemical Engineer V job openings on our job board. Use the search bar below to find your perfect match.
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