As of August 01, 2026, the average salary for a Medical Device Engineer V in the United States is $169,775 per year, which breaks down to an hourly rate of $82.
However, a Medical Device Engineer V's salary can vary significantly. Here’s a look at the typical salary range:
Medical Device Engineer V Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
|---|---|---|---|---|
| 75th Percentile | $178,107 | $14,842 | $3,425 | $86 |
| Average | $169,775 | $14,148 | $3,265 | $82 |
| 25th Percentile | $160,157 | $13,346 | $3,080 | $77 |
A Medical Device 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 Medical Device 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 |
|---|---|---|
| Medical Device Engineer III | 4-7 years | $112,766 |
| Medical Device Engineer IV | 7+ years | $137,484 |
| Medical Device Engineer V | 7-10 years | $169,775 |
| Medical Device Engineer VI | 10-12 years | $204,700 |
| Medical Device Engineering Supervisor | 12+ years | $121,834 |
Medical Device Engineer V salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $190,369. While startup companies pay approximate $161,452.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $161,452 |
| Growth Stage | 51~500 | $170,631 |
| Established | 501~5000 | $183,941 |
| Enterprise | 5000+ | $190,369 |
Understanding how a Medical Device 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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $178,107 | $14,842 | $3,425 | $86 |
| Average | $169,775 | $14,148 | $3,265 | $82 |
| 25th Percentile | $160,157 | $13,346 | $3,080 | $77 |
Next Role
Advancement
For a Medical Device Engineer V, the most direct path to higher earnings is advancing to the Medical Device Engineer VI role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $204,700 - a projected growth of 21% over your current level.
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A Medical Device 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 Medical Device Engineer V earns the most in San Jose, CA, where the annual salary of a Medical Device Engineer V is $214,137.
The highest pay for Medical Device Engineer V is $185,693.
The lowest pay for Medical Device Engineer V is $151,400.
Designs, develops, and enhances medical devices, equipment, or components to meet technical and functional specifications and standards. Utilizes CAD software and other design and modeling tools to evaluate design feasibility and communicate conceptual designs and specifications to stakeholders. Conducts prototype testing to evaluate medical device performance, reliability, and safety and collects and analyzes data for improvements. Utilizes mechanical and electrical engineering principles to analyze and troubleshoot malfunctions, identify root causes, and develop solutions. Identifies appropriate materials and processes to ensure product quality, performance, and manufacturability. Follows operational policies and guidelines to ensure products meet regulatory, safety, and quality requirements and standards. Develops modifications or fabrications to resolve production or assembly issues. 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.
The MFG Nondurable industry offers the highest average compensation for Medical Device Engineer V roles, with salaries approximately 30% above the market median.
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