As of April 01, 2025, the average annual salary for a Test Engineer V in Waterloo, IA is $138,059. According to Salary.com, salaries can range from a low of $116,317 to a high of $160,333, with most professionals earning between $126,678 and $149,718.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $160,195 | $13,350 | $3,081 | $77 |
| Average | $147,720 | $12,310 | $2,841 | $71 |
| 25th Percentile | $135,543 | $11,295 | $2,607 | $65 |
An entry-level Test Engineer V with under 1 year experience makes about $133,473. With less than 2 years of experience, a mid-level Test Engineer V makes around $134,322. After 2-4 years, the Test Engineer V pay rises to about $135,171. Those senior Test Engineer V with 5-8 years of experience earn roughly $136,361, and those Test Engineer V having 8 years or more experience are expected to earn about $138,929 on average.
| Levels | Salary |
|---|---|
| Entry Level Test Engineer V | $133,473 |
| Intermediate Level Test Engineer V | $134,322 |
| Senior Level Test Engineer V | $135,171 |
| Specialist Level Test Engineer V | $136,361 |
| Expert Level Test Engineer V | $138,929 |
| Entry Level | 10% |
| Mid Level | 9% |
| Senior Level | 8% |
| Top Level | 8% |
| Experienced | 6% |
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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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Computer Science: Computer science is the study of computation, automation, and information. Computer science spans theoretical disciplines (such as algorithms, theory of computation, information theory, and automation) to practical disciplines.
Software Development: Software development is the process of conceiving, specifying, designing, programming, documenting, testing, and bug fixing involved in creating and maintaining applications, frameworks, or other software components. Software development is a process of writing and maintaining the source code, but in a broader sense, it includes all that is involved between the conception of the desired software through to the final manifestation of the software, sometimes in a planned and structured process. Therefore, software development may include research, new development, prototyping, modification, reuse, re-engineering, maintenance, or any other activities that result in software products. Software can be developed for a variety of purposes, the three most common being to meet specific needs of a specific client/business (the case with custom software), to meet a perceived need of some set of potential users (the case with commercial and open source software), or for personal use (e.g. a scientist may write software to automate a mundane task). Embedded software development, that is, the development of embedded software, such as used for controlling consumer products, requires the development process to be integrated with the development of the controlled physical product. System software underlies applications and the programming process itself, and is often developed separately.
| Skill | Salary | Demand |
|---|---|---|
|
Insight
|
$151,865 |
10%
|
|
Decision Making
|
$146,343 |
6%
|
|
Data Acquisition
|
$146,343 |
6%
|
|
Commitment
|
$144,962 |
5%
|
|
Continuous Learning
|
$144,962 |
5%
|
|
Azure
|
$144,962 |
5%
|
