As of April 01, 2025, the average annual salary for a Tool Design Engineer IV in Alaska is $134,811. According to Salary.com, salaries can range from a low of $114,859 to a high of $153,155, with most professionals earning between $124,367 and $144,413.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $133,407 | $11,117 | $2,566 | $64 |
| Average | $124,537 | $10,378 | $2,395 | $60 |
| 25th Percentile | $114,889 | $9,574 | $2,209 | $55 |
An entry-level Tool Design Engineer IV with under 1 year experience makes about $129,356. With less than 2 years of experience, a mid-level Tool Design Engineer IV makes around $130,135. After 2-4 years, the Tool Design Engineer IV pay rises to about $131,382. Those senior Tool Design Engineer IV with 5-8 years of experience earn roughly $134,811, and those Tool Design Engineer IV having 8 years or more experience are expected to earn about $138,681 on average.
| Levels | Salary |
|---|---|
| Entry Level Tool Design Engineer IV | $129,356 |
| Intermediate Level Tool Design Engineer IV | $130,135 |
| Senior Level Tool Design Engineer IV | $131,382 |
| Specialist Level Tool Design Engineer IV | $134,811 |
| Expert Level Tool Design Engineer IV | $138,681 |
| Entry Level | 4% |
| Mid Level | 4% |
| Senior Level | 5% |
| Top Level | 8% |
| Experienced | 11% |
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Tool Design Engineer IV salary varies from city to city. Compared with national average salary of Tool Design Engineer IV, the highest Tool Design Engineer IV salary is in San Francisco, CA, where the Tool Design Engineer IV salary is 24.9% above. The lowest Tool Design Engineer IV salary is in Miami, FL, where the Tool Design Engineer IV salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $155,534 |
24.9%
|
| Washington, DC | $137,887 |
10.7%
|
| Miami, FL | $119,655 |
|
| Chicago, IL | $128,697 |
3.3%
|
| Boston, MA | $138,896 |
11.5%
|
| New York, NY | $144,326 |
15.9%
|
