As of July 01, 2026, the average salary for a Materials Processing Engineer V in Plymouth, IN is $143,979 per year, which breaks down to an hourly rate of $69.
However, a Materials Processing Engineer V's salary can vary significantly. Here’s a look at the typical salary range:
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A Materials Processing Engineer 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 a Materials Processing Engineer 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 |
|---|---|---|
| Materials Processing Engineer II | 2-4 years | $91,369 |
| Materials Processing Engineer III | 4-7 years | $106,967 |
| Materials Processing Engineer IV | 7+ years | $124,993 |
| Materials Processing Engineer V | 7-10 years | $143,979 |
| Materials Processing Engineer Manager | 10+ years | $138,210 |
What Am I Worth?
Materials Processing Engineer V salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $161,039. While startup companies pay approximate $136,191.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $136,191 |
| Growth Stage | 51~500 | $144,044 |
| Established | 501~5000 | $155,514 |
| Enterprise | 5000+ | $161,039 |
For Materials Processing Engineer V roles, the industry you choose can affect earning potential by as much as 50% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Internet sectors offer the strongest compensation, at 25% above the average. In contrast, Materials Processing Engineer positions in Retail & Wholesale or Hospitality & Leisure typically offer lower base pay, as these industries often view Materials Processing Engineer V as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $179,974 | $87.0 | 25% |
| Internet | $179,974 | $87.0 | 25% |
| Energy & Utilities | $172,775 | $83.0 | 20% |
| Insurance | $165,576 | $80.0 | 15% |
| Biotechnology | $158,377 | $76.0 | 10% |
Understanding how a Materials Processing Engineer 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, 2026For a Materials Processing Engineer V, the most direct path to higher earnings is advancing to the Materials Processing Engineer Manager role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $138,210 - a projected growth of -4% over your current level.
Ready to take the next step in your career? Browse thousands of current Materials Processing Engineer V job openings on our job board. Use the search bar below to find your perfect match.
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