As of July 01, 2026, the average hourly rate for an Industrial Engineer III in the United States is $54, which translates to an annual salary of about $112,125.
However, the hourly wage can vary significantly based on several factors. Here’s a detailed look at the typical pay range per hour:
Compensation Planning
Develop a Job Description
Pay Equity
2026 Compensation Trend
AI Onboarding
AI-Powered HR
An Industrial Engineer III'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 Industrial Engineer III'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 |
|---|---|---|
| Industrial Engineer I | 0-2 years | $77,613 |
| Industrial Engineer II | 2-4 years | $95,723 |
| Industrial Engineer III | 4-7 years | $112,125 |
| Industrial Engineer IV | 7+ years | $125,325 |
| Industrial Engineer V | 7-10 years | $147,604 |
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 Industrial Engineer IIIs. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 5.79% |
| Logistics | 1.98% |
| Supply Chain | 1.55% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Azure
|
$121,095 |
8%
|
|
AWS
|
$118,853 |
6%
|
|
Python
|
$118,853 |
6%
|
|
DevOps
|
$117,731 |
5%
|
|
Jenkins
|
$117,731 |
5%
|
|
Linux
|
$116,610 |
4%
|
Industrial Engineer III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $125,411. While startup companies pay approximate $106,060.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $106,060 |
| Growth Stage | 51~500 | $112,175 |
| Established | 501~5000 | $121,108 |
| Enterprise | 5000+ | $125,411 |
For Industrial Engineer III roles, the industry you choose can affect earning potential by as much as 20% (the gap between the highest and lowest paying industries). Data shows that the Aerospace & Defense and Biotechnology sectors offer the strongest compensation, at 10% above the average. In contrast, Industrial Engineer positions in Transportation or Telecom typically offer lower base pay, as these industries often view Industrial Engineer III as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Aerospace & Defense | $123,338 | $59.0 | 10% |
| Biotechnology | $123,338 | $59.0 | 10% |
| Business Services | $123,338 | $59.0 | 10% |
| Chemicals | $123,338 | $59.0 | 10% |
| Energy & Utilities | $123,338 | $59.0 | 10% |
Your level of education can impact your salary potential. While many Industrial Engineer IIIs enter the field with a Bachelor's Degree 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 Industrial Engineer III with a Bachelor's Degree is between $107,972 and $114,241).
Industrial Engineer III Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 0.4% |
| High School | 0.4% |
| Associates | 0.9% |
| Bachelors | 44.4% |
| Masters | 51.1% |
| Doctorate | 3.1% |
Understanding how an Industrial Engineer III'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, 2026Salaries for an Industrial Engineer III can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $107,912 in 2023 to around $107,251 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Industrial Engineer III salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $107,912 |
| 2024 | $108,491 |
| 2025 | $107,251 |
| 2026 |
View More
|
| 2027 |
View More
|
If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.
Compensation PlanningHere are companies hiring for Industrial Engineer III and their salaries, click below for more details.
Ready to take the next step in your career? Browse thousands of current Industrial Engineer III job openings on our job board. Use the search bar below to find your perfect match.
Get a Salary Increase
Analyze the market and your qualifications to negotiate your salary with confidence.
Search Job Openings
Search thousands of open positions to find your next opportunity.
Adjust Employee Salary
Individualize employee pay based on unique job requirements and personal qualifications.
Price My Industry Jobs
Get the latest market price for benchmark jobs and jobs in your industry.
The Aerospace & Defense industry offers the highest average compensation for Industrial Engineer III roles, with salaries approximately 10% above the market median.
Designs industrial equipment and machine layouts to optimize production activities, minimize costs, and ensure products meet quality standards. Develops and maintains manufacturing routes for maximizing space, efficiency, and effectiveness, ensuring full utilization of resources. Collaborates with production teams to understand processes and identify best practices and sequence of operations. Utilizes simulation and modeling tools to statistically analyze and test process changes. Ensures compliance with industry safety standards and design guidelines. Requires a bachelor's degree. Typically reports to a manager. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 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.
Logistics: In a general business sense, logistics is the management of the flow of things between the point of origin and the point of consumption to meet the requirements of customers or corporations.
Supply Chain: A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user.
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.
Salary.com's CompAnalyst platform offers:
