As of July 01, 2026, the average salary for a Manufacturing Engineer III in New Mexico is $95,562 per year, which breaks down to an hourly rate of $46.
However, a Manufacturing Engineer III's salary can vary significantly. Here’s a look at the typical salary range:
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A Manufacturing 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, and company size can directly affect your earning potential.
Experience is a primary driver of a Manufacturing 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 |
|---|---|---|
| Manufacturing Engineer I | 0-2 years | $73,228 |
| Manufacturing Engineer II | 2-4 years | $83,016 |
| Manufacturing Engineer III | 4-7 years | $95,562 |
| Manufacturing Engineer IV | 7+ years | $116,569 |
| Manufacturing Engineer V | 7-10 years | $133,928 |
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 Manufacturing Engineer IIIs. For example, consider the average annual salaries in these key locations:
Manufacturing Engineer III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $107,268. While startup companies pay approximate $90,787.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $90,787 |
| Growth Stage | 51~500 | $95,998 |
| Established | 501~5000 | $103,607 |
| Enterprise | 5000+ | $107,268 |
For Manufacturing Engineer III roles, the industry you choose can affect earning potential by as much as 75% (the gap between the highest and lowest paying industries). Data shows that the MFG Nondurable and Internet sectors offer the strongest compensation, at 40% above the average. In contrast, Manufacturing Engineer positions in Transportation or Pharmaceuticals typically offer lower base pay, as these industries often view Manufacturing Engineer III as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| MFG Nondurable | $133,786 | $64.0 | 40% |
| Internet | $129,008 | $62.0 | 35% |
| Aerospace & Defense | $124,230 | $60.0 | 30% |
| Construction | $119,452 | $57.0 | 25% |
| Business Services | $114,674 | $55.0 | 20% |
Understanding how a Manufacturing 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, 2026Promotions are the fastest way to increase your earnings. As a Manufacturing Engineer III, 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 |
|---|---|---|
| Biopharma Manufacturing Engineer IV | $122,933 | 29% |
| Manufacturing System Engineer IV | $104,415 | 9% |
| Manufacturing Engineer IV | $116,569 | 22% |
| Production Engineer IV | $116,569 | 22% |
Ready to take the next step in your career? Browse thousands of current Manufacturing Engineer III job openings on our job board. Use the search bar below to find your perfect match.
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