How much does a Product Design Engineer V make in the United States? The average Product Design Engineer V salary in the United States is $160,681 as of October 27, 2022, but the range typically falls between $146,258 and $175,122. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Jobs with a similar salary range to Product Design Engineer V : Vice President Healthcare

Based on HR-reported data: a national average with a geographic differential
25% $146,258 10% $133,126 90% $188,270 75% $175,122 $160,681 50%(Median)
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Check out Product Design Engineer jobs in Virginia

Senior Product Manager

InnovaSystems International, LLC - Alexandria, VA

Staff Electrical Design Engineer

Job Juncture - Arlington, VA

New Product Introduction Design Engineer

CIS Secure Computing - Ashburn, VA

Job Description for Product Design Engineer V

Product Design Engineer V 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 V recommends and follows reliable, efficient, and cost-effective procedures. Performs feasibility, functional, and quality testing of designs. Additionally, Product Design Engineer V 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 manager or head of a unit/department. The Product Design Engineer V 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. To be a Product Design Engineer V typically requires 10+ years of related experience. (Copyright 2022 Salary.com)... View full job description

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City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.6%
City, State Chicago, IL Compared to national average
+ 6.1%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 20.3%
City, State Dallas, TX Compared to national average
-0.7%

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Understand the total compensation opportunity for a Product Design Engineer V, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
146258
175122
160681

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
158337
197527
177067
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Product Design Engineer V in the United States. The base salary for Product Design Engineer V ranges from $146,258 to $175,122 with the average base salary of $160,681. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $158,337 to $197,527 with the average total cash compensation of $177,067.
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146258
175122

 

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Skills associated with Product Design Engineer V: Design Documentation, CAD Software, Product Requirements, Product Design ...More

Salary estimation for Product Design Engineer V at companies like : GRAY TELEVISION INC, HARSCO CORP, HARTE HANKS INC