How much does a Tool Design Engineer V make in Ellicott City, MD?
As of March 01, 2025, the average annual salary for a Tool Design Engineer V in Ellicott City, MD is $161,434. Salary.com reports that pay typically ranges from $139,940 to $182,368, with most professionals earning between $120,371 and $201,426.
How much does a Tool Design Engineer V make by hour, week, month, and year?
Salary.com provides you with accurate and diversified Tool Design Engineer V 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 V hourly pay, weekly pay, monthly pay and so on.
Last Updated on March 01, 2025
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$177,573 |
$14,798 |
$3,415 |
$85 |
Average |
$157,190 |
$13,099 |
$3,023 |
$76 |
25th Percentile |
$136,261 |
$11,355 |
$2,620 |
$66 |
Last Updated on March 01, 2025
How Does Experience Level Affect a Tool Design Engineer V's Salary?
An entry-level Tool Design Engineer V with under 1 year experience makes about $150,921.
With less than 2 years of experience, a mid-level Tool Design Engineer V makes around $152,505.
After 2-4 years, the Tool Design Engineer V pay rises to about $154,089.
Those senior Tool Design Engineer V with 5-8 years of experience earn roughly $156,307, and those Tool Design Engineer V having 8 years or more experience are expected to earn about $161,020 on average.
Levels |
Salary |
Entry Level Tool Design Engineer V
|
$150,921
|
Intermediate Level Tool Design Engineer V
|
$152,505
|
Senior Level Tool Design Engineer V
|
$154,089
|
Specialist Level Tool Design Engineer V
|
$156,307
|
Expert Level Tool Design Engineer V
|
$161,020
|
$150,921
0 yr
$152,505
< 2 yrs
$154,089
2-4 yrs
$156,307
5-8 yrs
$161,020
> 8 yrs
Last Updated on March 01, 2025
Entry Level
|
4%
|
Mid Level
|
3%
|
Senior Level
|
2%
|
Top Level
|
1%
|
Experienced
|
2%
|
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Last Updated on March 01, 2025