As of August 01, 2026, the average hourly rate for an Engineer V in the United States is $78, which translates to an annual salary of about $161,827.
However, the hourly wage can vary significantly based on several factors. Here’s a detailed look at the typical pay range per hour:
Engineer V Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
|---|---|---|---|---|
| 75th Percentile | $169,037 | $14,086 | $3,251 | $81 |
| Average | $161,827 | $13,486 | $3,112 | $78 |
| 25th Percentile | $153,238 | $12,770 | $2,947 | $74 |
An 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, education and company size can directly affect your earning potential.
Experience is a primary driver of an 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 |
|---|---|---|
| Engineer III | 4-7 years | $110,735 |
| Engineer IV | 7+ years | $140,155 |
| Engineer V | 7-10 years | $161,827 |
| Engineer VI | 10-12 years | $187,043 |
| Engineering Supervisor | 12+ years | $85,943 |
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 5.06% |
| AWS | 2.1% |
| AutoCAD | 1.6% |
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on an Engineer V's salary.
| Skill | Salary | Salary % Increase |
|---|---|---|
| Decision Making | $171,537 | |
| Insight | $169,918 | |
| Team Development | $168,300 |
Engineer V salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $181,156. While startup companies pay approximate $153,254.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $153,254 |
| Growth Stage | 51~500 | $162,084 |
| Established | 501~5000 | $174,938 |
| Enterprise | 5000+ | $181,156 |
Your level of education can impact your salary potential. While many Engineer V enter the field with a Bachelor's Degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for an Engineer V with a Bachelor's Degree is between $158,563 and $166,852.
| Typical Education for Engineer V | |
|---|---|
| Degree Level | % of user with this level of education |
| No Diploma | 0.3% |
| High School | 2.8% |
| Associates | 2.3% |
| Bachelors | 33.6% |
| Masters | 43.0% |
| Doctorate | 17.9% |
Understanding how an 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 | $169,037 | $14,086 | $3,251 | $81 |
| Average | $161,827 | $13,486 | $3,112 | $78 |
| 25th Percentile | $153,238 | $12,770 | $2,947 | $74 |
Salaries for an Engineer V can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $159,567 in 2023 to around $154,172 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Engineer V salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 | View More |
| 2023 | $159,567 |
| 2024 | $156,522 |
| 2025 | $154,172 |
| 2026 |
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|
| 2027 |
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Utilizes engineering methodologies, principles, and tools to develop or improve technical products, systems, or processes that meet specified requirements and standards. Researches and identifies optimal materials and processes to ensure product quality, performance, and manufacturability. Utilizes CAD software and engineering methodologies to create blueprints, drawings, or models and communicate designs and specifications to stakeholders. Collaborates with stakeholders to understand requirements and ensure specifications are captured. Oversees prototype testing to evaluate the performance and reliability of designs, collect feedback, and draw meaningful insight for product improvements. Maintains detailed documentation of test results, processes, and specifications for future needs. Requires a bachelor's degree. Typically reports to a manager. Works autonomously. Goals are generally communicated in "solution" or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. Typically requires 10+ years of related experience.
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
AWS: Amazon Web Services, Inc. is a subsidiary of Amazon that provides on-demand cloud computing platforms and APIs to individuals, companies, and governments, on a metered pay-as-you-go basis.
AutoCAD: AutoCAD is a commercial computer-aided design and drafting software application. Developed and marketed by Autodesk, AutoCAD was first released in December 1982 as a desktop app running on microcomputers with internal graphics controllers.
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.
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