The salary of a Product Design Engineer III in the United States varies depending on several factors, including experience, location, education level, marketing trend and company sizes.
As of March 01, 2025, the average annual salary for a Product Design Engineer III in the United States is $117,200. According to Salary.com, salaries can range from a low of $97,206 to a high of $141,327, with most professionals earning between $106,735 and $129,829.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $129,829 | $10,819 | $2,497 | $62 |
| Average | $117,200 | $9,767 | $2,254 | $56 |
| 25th Percentile | $106,735 | $8,895 | $2,053 | $51 |
An entry-level Product Design Engineer III with less than 1 year of experience earns about $111,080. With 1-2 years of experience, the average salary increases to $111,851. For 2-4 years of experience, the pay typically rises to $113,392. Senior-level professionals with 5-8 years of experience earn around $119,427, and those with over 8 years of experience can expect an average of $122,777.
| Levels | Salary |
|---|---|
| Entry Level Product Design Engineer III | $111,080 |
| Intermediate Level Product Design Engineer III | $111,851 |
| Senior Level Product Design Engineer III | $113,392 |
| Specialist Level Product Design Engineer III | $119,427 |
| Expert Level Product Design Engineer III | $122,777 |
| Entry Level | 5% |
| Mid Level | 5% |
| Senior Level | 3% |
| Top Level | 2% |
| Experienced | 5% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of March 01, 2025, our research reveals a significant shift in Product Design Engineer III compensation over the past six years. For example, the median salary increased from $121,126 in 2023 to approximately $121,234 in 2024. (For a detailed analysis of Product Design Engineer III salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Product Design Engineer III information for you to search for. Click on search button below to see Product Design Engineer III job openings or enter a new job title here.
Here are companies hiring for Product Design Engineer III and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $117,200 | 68.6% | ||
| Bonus | $6,322 | 3.7% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $9,449 | 5.5% | ||
| 401K/403B | $5,188 | 3.0% | ||
| Disability | $2,470 | 1.4% | ||
| Healthcare | $8,352 | 4.9% | ||
| Pension | $6,670 | 3.9% | ||
| Time Off | $15,203 | 8.9% | ||
| Total Compensation | $170,854 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 0.4% |
| High School | 3.3% |
| Associates | 7.2% |
| Bachelors | 48.7% |
| Masters | 35.1% |
| Doctorate | 5.4% |
What Am I Worth?
The average annual salary of Product Design Engineer III is $117,200. In case you are finding an easy salary calculator, the average hourly pay of Product Design Engineer III is $56; the average weekly pay of Product Design Engineer III is $2,254; the average monthly pay of Product Design Engineer III is $9,767.
A Product Design Engineer III'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 Product Design Engineer III earns the most in San Jose, CA, where the annual salary of a Product Design Engineer III is $147,086.
The highest pay for Product Design Engineer III is $141,327.
The lowest pay for Product Design Engineer III is $97,206.
Product Design Engineer III designs, develops, and enhances new and existing products/product lines. Evaluates and recommends specifications and ensures products meet the technical and functional requirements. Being a Product Design Engineer III recommends and follows reliable, efficient, and cost-effective procedures. Performs feasibility, functional, and quality testing of designs. Additionally, Product Design Engineer III works with other members of the engineering staff to ensure project milestones are met and that projects are completed according to established timelines. Requires a bachelor's degree or equivalent. Typically reports to a supervisor or manager. The Product Design Engineer III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Product Design Engineer III typically requires 4 -7 years of related experience.
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.
Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Spring: Spring is the season during which the natural world revives and reinvigorates after the colder winter months. During spring, dormant plants begin to grow again, new seedlings sprout out of the ground and hibernating animals awake.
3D CAD: CAD is short for Computer-aided design. It's the use of computers to aid in the creation and optimization of a design. Designs made through 3D CAD software focus on the three dimensional quality of design of characters and objects.
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