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What is the highest and lowest pay for Materials Engineer V?

As of November 01, 2024, the average annual pay of Materials Engineer V in the United States is $175,280. While Salary.com is seeing that the highest pay for Materials Engineer V in the US can go up to $209,093 and the lowest down to $144,342, but most earn between $159,086 and $192,979. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Materials Engineer V in the United States.

Materials Engineer V Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $192,979 $16,082 $3,711 $93
Average $175,280 $14,607 $3,371 $84
25th Percentile $159,086 $13,257 $3,059 $76

Average Salary

25% $159,086 10% $144,342 90% $209,093 75% $192,979 $175,280 50%(Median) Didn’t find job title? Click
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What is the highest and lowest pay for Materials Engineer V?

As of November 01, 2024, the average annual pay of Materials Engineer V in the United States is $175,280. While Salary.com is seeing that the highest pay for Materials Engineer V in the US can go up to $209,093 and the lowest down to $144,342, but most earn between $159,086 and $192,979. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Materials Engineer V in the United States.

What is the hourly and monthly salary as a Materials Engineer V?

As of November 01, 2024, the average hourly salary is $84 (range: $69 to $101); the average monthly salary is $14,607 (range: $12,028 to $17,424).

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

Last Updated on November 01, 2024
Last Updated on November 01, 2024

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

As of November 01, 2024, Salary.com is seeing that an entry-level Materials Engineer V with under 1 year experience makes about $168,307. With less than 2 years of experience, a mid-level Materials Engineer V makes around $169,513. After 2-4 years, the Materials Engineer V pay rises to about $170,718. Those senior Materials Engineer V with 5-8 years of experience earn roughly $172,406, and those Materials Engineer V having 8 years or more experience is expected to earn about $176,134 on average.

Levels Salary
Entry Level Materials Engineer V $168,307
Intermediate Level Materials Engineer V $169,513
Senior Level Materials Engineer V $170,718
Specialist Level Materials Engineer V $172,406
Expert Level Materials Engineer V $176,134
$168,307 0 yr
$169,513 < 2 yrs
$170,718 2-4 yrs
$172,406 5-8 yrs
$176,134 > 8 yrs
Last Updated on November 01, 2024
Entry Level 4%
Mid Level 3%
Senior Level 3%
Top Level 2%
Experienced 0%
View as graph
Last Updated on November 01, 2024

How much does salary of Materials Engineer V 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 November 01, 2024, the average yearly salary of Materials Engineer V in San Francisco, CA is $219,100 and in New York, NY, the average annual salary goes to $204,727. While a Materials Engineer V earns $196,489 per year in Boston, MA.

What is the salary trend of Materials Engineer V?

For those exploring the changing dynamics of Materials Engineer V salaries, Salary.com offers detailed insights through our Job Trending in CA Labor Market analysis. As of November 01, 2024, our research highlights a notable shift in Materials Engineer V compensation over the past six years. For instance, the median salary has moved from $149,777 in 2023 to about $148,822 in 2024 (for a comprehensive analysis of Materials Engineer V 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 V Over Time

2020
$???
2021
$???
2022
$???
$149,777
2023
$148,822
2024
$147,514
2025
2026
$???
Last Updated on November 01, 2024
2020
$???
2021
$???
2022
$???
2023
$149,777
2024
$148,822
2025
$147,514
2026
$???
Last Updated on November 01, 2024

Materials Engineer V Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $149,777
2024 $148,822
2025 $147,514
2026 View More
Last Updated on November 01, 2024

Job Openings of Materials Engineer V

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

Most Common Benefits for Materials Engineer V

Based on HR-reported data: a national average with a geographic differential
Base Salary 69.3%
Bonuses 4.6%
Social Security 5.2%
401k/403b 3.1%
Disability 1.5%
Healthcare 3.3%
Pension 4.0%
Time Off 9.1%
Core Compensation
Core Compensation Median % of Total
Base Salary $175,280 69.3%
Bonus $11,617 4.6%
Value of Benefits
Core Compensation Median % of Total
Social Security $13,163 5.2%
401K/403B $7,850 3.1%
Disability $3,738 1.5%
Healthcare $8,352 3.3%
Pension $10,092 4.0%
Time Off $23,003 9.1%
Total Compensation $253,095 100%
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 November 01, 2024

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

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

According to our 100% employer reported salary sources the median salary for a Materials Engineer V with a Bachelor's Degree is $168,307 - $177,451. 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 V Salaries by Degree Level

Last Updated on November 01, 2024
Typical Education for Materials Engineer V
Degree Level % of user with this level of education
Associates 2.5%
Bachelors 24.1%
Masters 29.1%
Doctorate 44.3%
Typical Education for Materials Engineer V
Associates 2.5%
Bachelors 24.1%
Masters 29.1%
Doctorate 44.3%
view as table

Materials Engineer V Salaries by Degree Level

Last Updated on November 01, 2024

What Am I Worth?

FAQ about Materials Engineer V

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

The average annual salary of Materials Engineer V is $175,280. In case you are finding an easy salary calculator, the average hourly pay of Materials Engineer V is $84; the average weekly pay of Materials Engineer V is $3,371; the average monthly pay of Materials Engineer V is $14,607.

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

A Materials Engineer 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, a Materials Engineer V earns the most in San Jose, CA, where the annual salary of a Materials Engineer V is $219,976.

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

The highest pay for Materials Engineer V is $209,093.

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

The lowest pay for Materials Engineer V is $144,342.

5. What are the responsibilities of Materials Engineer V?

Materials Engineer V 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 V 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 V typically reports to a manager or head of a unit/department. To be a Materials Engineer V typically requires 10+ years of related experience. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. 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.

6. What are the skills of Materials Engineer V

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.)

SEM: A scanning electron microscope (SEM) is a type of electron microscope that produces images of a sample by scanning the surface with a focused beam of electrons.

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 V is $175,280 per year in the United States, updated at November 01, 2024.
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