As of March 01, 2025, the average annual salary for a Network Engineer V in Elgin, IL is $151,760. Salary.com reports that pay typically ranges from $140,076 to $165,407, with most professionals earning between $129,439 and $177,831.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $160,278 | $13,356 | $3,082 | $77 |
| Average | $147,054 | $12,255 | $2,828 | $71 |
| 25th Percentile | $135,733 | $11,311 | $2,610 | $65 |
An entry-level Network Engineer V with under 1 year experience makes about $145,379. With less than 2 years of experience, a mid-level Network Engineer V makes around $146,241. After 2-4 years, the Network Engineer V pay rises to about $147,103. Those senior Network Engineer V with 5-8 years of experience earn roughly $148,310, and those Network Engineer V having 8 years or more experience are expected to earn about $151,041 on average.
| Levels | Salary |
|---|---|
| Entry Level Network Engineer V | $145,379 |
| Intermediate Level Network Engineer V | $146,241 |
| Senior Level Network Engineer V | $147,103 |
| Specialist Level Network Engineer V | $148,310 |
| Expert Level Network Engineer V | $151,041 |
| Entry Level | 1% |
| Mid Level | 1% |
| Senior Level | 0% |
| Top Level | 1% |
| Experienced | 3% |
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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.
Networking: Ability to maintain, build and expand a personal and business contact list to grow one's career and business opportunities.
Network Infrastructure: Refers to all of the resources of a network that make network or internet connectivity, management, business operations and communication possible.
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.
| Skill | Salary | Demand |
|---|---|---|
|
Decision Making
|
$157,830 |
4%
|
|
Coordination
|
$157,830 |
4%
|
|
Network Engineering
|
$157,830 |
4%
|
|
Network Management
|
$157,830 |
4%
|
|
Program Management
|
$157,830 |
4%
|
|
Innovation
|
$156,313 |
3%
|
