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Tool Design Engineer III Salary in Dearborn Heights, Michigan

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Tool Design Engineer III Salary in Dearborn Heights, MI

What is the salary range of Tool Design Engineer III?

As of December 01, 2024, the average annual pay of Tool Design Engineer III in Dearborn Heights, MI is $112,694. While Salary.com is seeing that Tool Design Engineer III salary in Dearborn Heights, MI can go up to $134,247 or down to $86,014, but most earn between $98,729 and $123,976. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Tool Design Engineer III in the United States.

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Tool Design Engineer III Salaries by Percentile
Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $123,114 $10,259 $2,368 $59
Average $111,911 $9,326 $2,152 $54
25th Percentile $98,043 $8,170 $1,885 $47
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Average Salary

25% $98,729 10% $86,014 90% $134,247 75% $123,976 $112,694 50%(Median) Didn’t find job title? Click
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View Tool Design Engineer III Salary by Hour, Week, Month, Year

Salary.com provides you with accurate and diversified Tool Design Engineer III salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Tool Design Engineer III hourly pay, weekly pay, monthly pay and so on.

Last Updated on December 01, 2024
$98,043
Average
$111,911/year
$123,114
$8,170
Average
$9,326/month
$10,259
$1,885
Average
$2,152/week
$2,368
$47
Average
$54/hour
$59
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $123,114 $10,259 $2,368 $59
Average $111,911 $9,326 $2,152 $54
25th Percentile $98,043 $8,170 $1,885 $47
Last Updated on December 01, 2024

View Tool Design Engineer III Salary by Experience Levels

An entry-level Tool Design Engineer III with under 1 year experience makes about $105,918. With less than 2 years of experience, a mid-level Tool Design Engineer III makes around $106,956. After 2-4 years, the Tool Design Engineer III pay rises to about $109,030. Those senior Tool Design Engineer III with 5-8 years of experience earn roughly $115,492, and those Tool Design Engineer III having 8 years or more experience are expected to earn about $118,507 on average.

Levels Salary
Entry Level Tool Design Engineer III $105,918
Intermediate Level Tool Design Engineer III $106,956
Senior Level Tool Design Engineer III $109,030
Specialist Level Tool Design Engineer III $115,492
Expert Level Tool Design Engineer III $118,507
$105,918 0 yr
$106,956 < 2 yrs
$109,030 2-4 yrs
$115,492 5-8 yrs
$118,507 > 8 yrs
Last Updated on December 01, 2024
Entry Level 5%
Mid Level 4%
Senior Level 3%
Top Level 3%
Experienced 6%
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Last Updated on December 01, 2024

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Salaries of Jobs Related to Tool Design Engineer III

Job Openings of Tool Design Engineer III

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Cost of Living In Dearborn Heights, MI

Cost of Living in Dearborn Heights , MI is
-2.7% Lower
than the National Average
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Best-Paid Skills and Qualifications for Tool Design Engineer III

What skills does a Tool Design Engineer III need?

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.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

RFI: A RFI (request for information) is a common business process whose purpose is to collect written information about the capabilities of various suppliers.

3.

RFP: A request for proposal (RFP) is a business document that announces a project, describes it, and solicits bids from qualified contractors to complete it.

See More Skills
Analysis 7.09%
RFI 2.87%
RFP 2.3%
Others 87.74%
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What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Tool Design Engineer III higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Customer Communications, you can get a 8% salary raise. If you are good at Strategic Planning, your salary will increase by 8%. If you are expert in Business Ethics, your salary will rise by 6%.
Skill Salary Demand
Customer Communications
 $121,710
8%
Strategic Planning
 $121,710
8%
Business Ethics
 $119,456
6%
Hard Working
 $117,202
4%
Logistics
 $116,075
3%
Organizing
 $116,075
3%
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Last Updated on December 01, 2024

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Tool Design Engineer III is $112,694 per year in Dearborn Heights, MI, updated at December 01, 2024.
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