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Hourly Wage for Mechanical Product Engineer V Salary in the United States

How much does a Mechanical Product Engineer V make hourly?

As of July 01, 2026, the average hourly rate for a Mechanical Product Engineer V in the United States is $77, which translates to an annual salary of about $160,329.

However, the hourly wage can vary significantly based on several factors. Here’s a detailed look at the typical pay range per hour:

  • Top Earners (90th percentile): $84 per hour
  • Majority Range (25th-75th percentile): $73 to $81 per hour
  • Entry-Level (10th percentile): $70 per hour
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View as table View as graph 25% $73 10% $70 90% $84 75% $81 $77 50%(Median) Didn’t find job title? Click

Mechanical Product Engineer V Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $168,230 $14,019 $3,235 $81
Average $160,329 $13,361 $3,083 $77
25th Percentile $152,208 $12,684 $2,927 $73
Check out Mechanical Product Engineer V Job Openings in the United States
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Key Factors That Influence Mechanical Product Engineer V Salaries

A Mechanical Product 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.

How Experience Level Affects Mechanical Product Engineer Salaries?

Experience is a primary driver of a Mechanical Product 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:

  • Mechanical Product Engineer III (4-7 years): $109,260
  • Mechanical Product Engineer IV (7+ years): $131,593
  • Mechanical Product Engineer V (7-10 years): $160,329
  • Mechanical Product Engineering Supervisor (10+ years): $125,374
  • Mechanical Product Engineering Manager (10+ years): $138,886
Job Role Years of Experience Average Salary
Mechanical Product Engineer III4-7 years$109,260
Mechanical Product Engineer IV7+ years$131,593
Mechanical Product Engineer V7-10 years$160,329
Mechanical Product Engineering Supervisor10+ years$125,374
Mechanical Product Engineering Manager10+ years$138,886
$109,260 Mechanica...
$131,593 Mechanica...
$160,329 Mechanica...
$125,374 Mechanica...
$138,886 Mechanica...
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What Am I Worth?

How Do Mechanical Product Engineer V Salaries Vary from State to State?

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 Mechanical Product Engineer Vs. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $177,516.
  • California: $176,843.
  • Massachusetts: $174,486.

Top Paying Cities for Mechanical Product Engineer Vs

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $202,223
  • San Francisco: $200,009
  • Oakland: $195,794

Mechanical Product Engineer V Salary by Company Size: Startups vs. Enterprise

Mechanical Product Engineer V salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $179,327. While startup companies pay approximate $151,657.

Mechanical Product Engineer V Salary by Company Size

Company Size Employees Average Salary
Startup1~50$151,657
Growth Stage51~500$160,401
Established501~5000$173,174
Enterprise5000+$179,327

Mechanical Product Engineer V Salary by Industry: Top Paying Sectors

For Mechanical Product Engineer V roles, the industry you choose can affect earning potential by as much as 45% (the gap between the highest and lowest paying industries). Data shows that the Biotechnology and Pharmaceuticals sectors offer the strongest compensation, at 25% above the average. In contrast, Mechanical Product Engineer positions in Transportation or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Mechanical Product Engineer V as a support function rather than a direct revenue driver.

The top paying industries for a Mechanical Product Engineer V

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Biotechnology$200,411$96.025%
Pharmaceuticals$184,378$89.015%
Chemicals$176,362$85.010%
Financial Services$176,362$85.010%
Insurance$176,362$85.010%

Mechanical Product Engineer V Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Mechanical Product 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.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on July 01, 2026
$152,208
Average $160,329/year
$168,230
$12,684
Average $13,361/month
$14,019
$2,927
Average $3,083/week
$3,235
$73
Average $77/hour
$81
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $168,230 $14,019 $3,235 $81
Average $160,329 $13,361 $3,083 $77
25th Percentile $152,208 $12,684 $2,927 $73

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FAQ about Mechanical Product Engineer V

1. What industry pays the highest salary for Mechanical Product Engineer V?

The Biotechnology industry offers the highest average compensation for Mechanical Product Engineer V roles, with salaries approximately 25% above the market median.

2. What are the responsibilities of Mechanical Product Engineer V?

Designs, develops, and enhances mechanical industrial products, components, and systems to meet required specifications and standards. Evaluates and analyzes product requirements, objectives, and constraints and develops technical and functional specifications for mechanical products. Identifies appropriate materials and processes to develop effective solutions that meet the outlined specifications and manufacturing cost requirements. Prepares technical documents detailing designs, instructions, and specifications. Utilizes CAD software and other design and modeling tools to develop mechanical manufacturing parts or components and communicate conceptual designs to stakeholders. Assists with the entire production process from fabrication, modification, and assembly. Conducts simulations and prototype testing to evaluate mechanical product performance, reliability, and safety and collects and analyzes data for improvements. Routinely tests mechanical systems and equipment that are crucial to business operations or industrial processes to ensure safe, reliable, and optimal functionality. Requires a bachelor's degree. Typically reports to a manager. 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. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. Typically requires 10+ years of related experience.

Where Does Our Salary Data Come From?

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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