As of March 01, 2025, the average annual salary for a Tool Design Engineer III in Indiana is $109,345. Salary.com reports that pay typically ranges from $95,797 to $120,292, with most professionals earning between $83,462 and $130,258.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $124,012 | $10,334 | $2,385 | $60 |
| Average | $112,727 | $9,394 | $2,168 | $54 |
| 25th Percentile | $98,759 | $8,230 | $1,899 | $47 |
An entry-level Tool Design Engineer III with under 1 year experience makes about $102,027. With less than 2 years of experience, a mid-level Tool Design Engineer III makes around $103,026. After 2-4 years, the Tool Design Engineer III pay rises to about $105,024. Those senior Tool Design Engineer III with 5-8 years of experience earn roughly $111,248, and those Tool Design Engineer III having 8 years or more experience are expected to earn about $114,153 on average.
| Levels | Salary |
|---|---|
| Entry Level Tool Design Engineer III | $102,027 |
| Intermediate Level Tool Design Engineer III | $103,026 |
| Senior Level Tool Design Engineer III | $105,024 |
| Specialist Level Tool Design Engineer III | $111,248 |
| Expert Level Tool Design Engineer III | $114,153 |
| Entry Level | 9% |
| Mid Level | 9% |
| Senior Level | 7% |
| Top Level | 1% |
| Experienced | 1% |
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Tool Design Engineer III salary varies from city to city. Compared with national average salary of Tool Design Engineer III, the highest Tool Design Engineer III salary is in San Francisco, CA, where the Tool Design Engineer III salary is 25.0% above. The lowest Tool Design Engineer III salary is in Miami, FL, where the Tool Design Engineer III salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $140,908 |
25.0%
|
| Washington, DC | $125,465 |
11.3%
|
| Miami, FL | $108,781 |
|
| Chicago, IL | $118,250 |
4.9%
|
| Boston, MA | $126,367 |
12.1%
|
| New York, NY | $131,665 |
16.8%
|
