As of May 01, 2026, the average salary for a Product Design Engineer V in Wrightstown, WI is $154,171 per year, which breaks down to an hourly rate of $74.
However, a Product Design Engineer V's salary can vary significantly. Here’s a look at the typical salary range:
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A Product Design 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, skills and company size can directly affect your earning potential.
Experience is a primary driver of a Product Design 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 |
|---|---|---|
| Product Design Engineer III | 4-7 years | $107,766 |
| Product Design Engineer IV | 7+ years | $131,588 |
| Product Design Engineer V | 7-10 years | $154,171 |
| Product Design Manager | 10+ years | $141,104 |
| Product Design Senior Manager | 10+ years | $176,564 |
What Am I Worth?
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 8.25% |
| Manufacturing Processes | 2.06% |
| Casting | 1.03% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Injection Molding
|
$172,671 |
12%
|
|
CNC
|
$168,046 |
9%
|
|
Effective Communication
|
$166,504 |
8%
|
|
Process Development
|
$163,421 |
6%
|
|
Design of Experiments
|
$163,421 |
6%
|
|
Collaboration
|
$161,879 |
5%
|
Understanding how a Product Design 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.
Last Updated on May 01, 2026For a Product Design Engineer V, the most direct path to higher earnings is advancing to the Product Design Manager role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $141,104 - a projected growth of -8% over your current level.
Ready to take the next step in your career? Browse thousands of current Product Design Engineer V job openings on our job board. Use the search bar below to find your perfect match.
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