As of April 01, 2025, the average annual salary for a Product Design Engineer V in Iowa is $166,646. Salary.com reports that pay typically ranges from $151,935 to $183,323, with most professionals earning between $138,542 and $198,507.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $191,560 | $15,963 | $3,684 | $92 |
| Average | $174,133 | $14,511 | $3,349 | $84 |
| 25th Percentile | $158,762 | $13,230 | $3,053 | $76 |
An entry-level Product Design Engineer V with under 1 year experience makes about $157,540. With less than 2 years of experience, a mid-level Product Design Engineer V makes around $158,621. After 2-4 years, the Product Design Engineer V pay rises to about $159,701. Those senior Product Design Engineer V with 5-8 years of experience earn roughly $161,863, and those Product Design Engineer V having 8 years or more experience are expected to earn about $164,024 on average.
| Levels | Salary |
|---|---|
| Entry Level Product Design Engineer V | $157,540 |
| Intermediate Level Product Design Engineer V | $158,621 |
| Senior Level Product Design Engineer V | $159,701 |
| Specialist Level Product Design Engineer V | $161,863 |
| Expert Level Product Design Engineer V | $164,024 |
| Entry Level | 10% |
| Mid Level | 9% |
| Senior Level | 8% |
| Top Level | 7% |
| Experienced | 6% |
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Product Design Engineer V salary varies from city to city. Compared with national average salary of Product Design Engineer V, the highest Product Design Engineer V salary is in San Francisco, CA, where the Product Design Engineer V salary is 24.9% above. The lowest Product Design Engineer V salary is in Miami, FL, where the Product Design Engineer V salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $217,475 |
24.9%
|
| Washington, DC | $192,800 |
10.7%
|
| Miami, FL | $167,307 |
|
| Chicago, IL | $179,949 |
3.3%
|
| Boston, MA | $194,211 |
11.5%
|
| New York, NY | $201,803 |
15.9%
|
