As of July 01, 2026, the average salary for an Engineering Program Manager V in the United States is $151,503 per year, which breaks down to an hourly rate of $73.
However, an Engineering Program Manager V's salary can vary significantly. Here’s a look at the typical salary range:
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An Engineering Program Manager 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 an Engineering Program Manager 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 |
|---|---|---|
| Engineering Program Manager III | 4-7 years | $111,335 |
| Engineering Program Manager IV | 7+ years | $129,871 |
| Engineering Program Manager V | 7-10 years | $151,503 |
| Engineering Program Manager VI | 10-12 years | $199,681 |
| Engineering Program Management Supervisor | 12+ years | $124,303 |
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 Engineering Program Manager Vs. For example, consider the average annual salaries in these key locations:
Engineering Program Manager V salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $169,455. While startup companies pay approximate $143,308.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $143,308 |
| Growth Stage | 51~500 | $151,571 |
| Established | 501~5000 | $163,641 |
| Enterprise | 5000+ | $169,455 |
For Engineering Program Manager V roles, the industry you choose can affect earning potential by as much as 15% (the gap between the highest and lowest paying industries). Data shows that the Aerospace & Defense and Biotechnology sectors offer the strongest compensation, at 6% above the average. In contrast, Engineering Program Manager positions in Energy & Utilities or Healthcare typically offer lower base pay, as these industries often view Engineering Program Manager V as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Aerospace & Defense | $160,593 | $77.0 | 6% |
| Biotechnology | $160,593 | $77.0 | 6% |
| Edu., Gov't. & Nonprofit | $160,593 | $77.0 | 6% |
| Chemicals | $159,078 | $76.0 | 5% |
| Pharmaceuticals | $159,078 | $76.0 | 5% |
Understanding how an Engineering Program Manager 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, 2026Promotions are the fastest way to increase your earnings. As an Engineering Program Manager 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 |
|---|---|---|
| EHR Project Manager, Sr. | $131,796 | -13% |
| Manufacturing Project Management Manager | $133,854 | -12% |
| Engineering Program Manager VI | $199,681 | 32% |
| Project Management Supervisor | $104,015 | -31% |
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An Engineering Program Manager V'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 Engineering Program Manager V earns the most in San Jose, CA, where the annual salary of an Engineering Program Manager V is $191,091.
The highest pay for Engineering Program Manager V is $160,547.
The lowest pay for Engineering Program Manager V is $136,852.
Responsible for the development and management of an engineering program. Manages program resources and oversees the research, development, and testing of engineering design concepts, criteria, and specifications. Coordinates vendors, develops proposals, and evaluates vendor products or materials to support program activities and ensure customer specifications are met. Collects, analyzes, and monitors program metrics, progress, and performance to identify inefficiencies and implement new processes, workflows, or technology. Tracks and analyzes engineering program costs to ensure alignment with the budget and broader business objectives. Acts as the primary customer contact to discuss expectations or changes in program needs or requirements. 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.
The Aerospace & Defense industry offers the highest average compensation for Engineering Program Manager V roles, with salaries approximately 6% above the market median.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
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