As of April 01, 2025, the average annual salary for a Tool Design Engineer IV in Albany, NY is $126,380. According to Salary.com, salaries can range from a low of $107,675 to a high of $143,577, with most professionals earning between $116,589 and $135,381.
| 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 $121,266. With less than 2 years of experience, a mid-level Tool Design Engineer IV makes around $121,996. After 2-4 years, the Tool Design Engineer IV pay rises to about $123,165. Those senior Tool Design Engineer IV with 5-8 years of experience earn roughly $126,380, and those Tool Design Engineer IV having 8 years or more experience are expected to earn about $130,008 on average.
| Levels | Salary |
|---|---|
| Entry Level Tool Design Engineer IV | $121,266 |
| Intermediate Level Tool Design Engineer IV | $121,996 |
| Senior Level Tool Design Engineer IV | $123,165 |
| Specialist Level Tool Design Engineer IV | $126,380 |
| Expert Level Tool Design Engineer IV | $130,008 |
| Entry Level | 3% |
| Mid Level | 2% |
| Senior Level | 1% |
| Top Level | 1% |
| Experienced | 4% |
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