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How much does a Materials Engineer III make?

As of December 01, 2024, the average annual pay of Materials Engineer III in the United States is $114,488. While Salary.com is seeing that Materials Engineer III salary in the US can go up to $136,729 or down to $94,923, but most earn between $104,247 and $126,130. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Materials Engineer III in the United States.

Materials Engineer III Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $126,130 $10,511 $2,426 $61
Average $114,488 $9,541 $2,202 $55
25th Percentile $104,247 $8,687 $2,005 $50

Average Salary

25% $104,247 10% $94,923 90% $136,729 75% $126,130 $114,488 50%(Median) Didn’t find job title? Click
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What is the hourly and monthly salary as a Materials Engineer III?

As of December 01, 2024, the average hourly salary is $55 (range: $46 to $66); the average monthly salary is $9,541 (range: $7,910 to $11,394).

Click the switch button below to see weekly and yearly salary of a Materials Engineer III.

Last Updated on December 01, 2024
Last Updated on December 01, 2024

What are the salaries of Materials Engineer III with different levels of experience?

As of December 01, 2024, Salary.com is seeing that an entry-level Materials Engineer III with under 1 year experience makes about $109,328. With less than 2 years of experience, a mid-level Materials Engineer III makes around $110,088. After 2-4 years, the Materials Engineer III pay rises to about $111,609. Those senior Materials Engineer III with 5-8 years of experience earn roughly $117,348, and those Materials Engineer III having 8 years or more experience is expected to earn about $120,460 on average.

Levels Salary
Entry Level Materials Engineer III $109,328
Intermediate Level Materials Engineer III $110,088
Senior Level Materials Engineer III $111,609
Specialist Level Materials Engineer III $117,348
Expert Level Materials Engineer III $120,460
$109,328 0 yr
$110,088 < 2 yrs
$111,609 2-4 yrs
$117,348 5-8 yrs
$120,460 > 8 yrs
Last Updated on December 01, 2024
Entry Level 5%
Mid Level 4%
Senior Level 3%
Top Level 2%
Experienced 5%
View as graph
Last Updated on December 01, 2024

How much does salary of Materials Engineer III vary from state to state?

How much does salary of Materials Engineer III vary from city to city?

Salaries in the United States can vary significantly from city to city due to a multitude of factors, including cost of living, local economic conditions, and industry presence.

For example, as of December 01, 2024, the average yearly salary of Materials Engineer III in San Francisco, CA is $143,110 and in New York, NY, the average annual salary goes to $133,722. While a Materials Engineer III earns $128,341 per year in Boston, MA.

What is the salary trend of Materials Engineer III?

For those exploring the changing dynamics of Materials Engineer III salaries, Salary.com offers detailed insights through our Job Trending in CA Labor Market analysis. As of December 01, 2024, our research highlights a notable shift in Materials Engineer III compensation over the past six years. For instance, the median salary has moved from $107,580 in 2023 to about $106,849 in 2024 (for a comprehensive analysis of Materials Engineer III salary trends, click here). It's crucial to consider several elements, including geographical location, experience level, industry demand, and economic development, as they play a significant role in influencing salary variations.

Average Annual Salary of Materials Engineer III Over Time

2020
$???
2021
$???
2022
$???
$107,580
2023
$106,849
2024
$105,677
2025
2026
$???
Last Updated on December 01, 2024
2020
$???
2021
$???
2022
$???
2023
$107,580
2024
$106,849
2025
$105,677
2026
$???
Last Updated on December 01, 2024

Materials Engineer III Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $107,580
2024 $106,849
2025 $105,677
2026 View More
Last Updated on December 01, 2024

Job Openings of Materials Engineer III

Salary.com job board provides millions of Materials Engineer III information for you to search for. Click on search button below to see Materials Engineer III job openings or enter a new job title here.

Most Common Benefits for Materials Engineer III

Based on HR-reported data: a national average with a geographic differential
Base Salary 69.6%
Bonuses 2.6%
Social Security 5.5%
401k/403b 3.0%
Disability 1.4%
Healthcare 5.1%
Pension 3.9%
Time Off 8.9%
Core Compensation
Core Compensation Median % of Total
Base Salary $114,488 69.6%
Bonus $4,231 2.6%
Value of Benefits
Core Compensation Median % of Total
Social Security $9,082 5.5%
401K/403B $4,986 3.0%
Disability $2,374 1.4%
Healthcare $8,352 5.1%
Pension $6,411 3.9%
Time Off $14,611 8.9%
Total Compensation $164,535 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on December 01, 2024

What are the salaries of a Materials Engineer III with different levels of education?

Salaries for Materials Engineer III with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Materials Engineer III with a Bachelor's Degree is $109,784 - $115,619. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Materials Engineer III Salaries by Degree Level

Last Updated on December 01, 2024
Typical Education for Materials Engineer III
Degree Level % of user with this level of education
High School 1.0%
Associates 1.0%
Bachelors 21.8%
Masters 31.7%
Doctorate 44.6%
Typical Education for Materials Engineer III
High School 1.0%
Associates 1.0%
Bachelors 21.8%
Masters 31.7%
Doctorate 44.6%
view as table

Materials Engineer III Salaries by Degree Level

Last Updated on December 01, 2024

What Am I Worth?

FAQ about Materials Engineer III

1. What is the average salary of a Materials Engineer III?

The average annual salary of Materials Engineer III is $114,488. In case you are finding an easy salary calculator, the average hourly pay of Materials Engineer III is $55; the average weekly pay of Materials Engineer III is $2,202; the average monthly pay of Materials Engineer III is $9,541.

2. Where can a Materials Engineer III earn the most?

A Materials Engineer III'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, a Materials Engineer III earns the most in San Jose, CA, where the annual salary of a Materials Engineer III is $143,682.

3. What is the highest pay for Materials Engineer III?

The highest pay for Materials Engineer III is $136,729.

4. What is the lowest pay for Materials Engineer III?

The lowest pay for Materials Engineer III is $94,923.

5. What are the responsibilities of Materials Engineer III?

Materials Engineer III plans for the most cost-effective utilization of materials. Applies knowledge of material science to recommend engineering and manufacturing changes to attain design objectives in the most economical manner possible. Being a Materials Engineer III reviews blueprints and specifications to determine the appropriate materials needed to achieve successful completion of initiatives. Requires a bachelor's degree in engineering. Additionally, Materials Engineer III typically reports to a manager. The Materials Engineer III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Materials Engineer III typically requires 4-7 years of related experience.

6. What are the skills of Materials Engineer III

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.

1.)

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.)

Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.

3.)

Casting: Casting is a manufacturing process in which a liquid material is usually poured into a mold, which contains a hollow cavity of the desired shape, and then allowed to solidify. It is used for making complex shapes that would be otherwise difficult.

About Our Data

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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The average salary for a Materials Engineer III is $114,488 per year in the United States, updated at December 01, 2024.
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