As of April 01, 2025, the average annual salary for a Tool Design Engineer V in Norfolk, VA is $138,552. Salary.com reports that pay typically ranges from $128,529 to $145,569, with most professionals earning between $119,403 and $151,958.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $155,191 | $12,933 | $2,984 | $75 |
| Average | $147,710 | $12,309 | $2,841 | $71 |
| 25th Percentile | $137,024 | $11,419 | $2,635 | $66 |
An entry-level Tool Design Engineer V with under 1 year experience makes about $134,513. With less than 2 years of experience, a mid-level Tool Design Engineer V makes around $135,261. After 2-4 years, the Tool Design Engineer V pay rises to about $136,009. Those senior Tool Design Engineer V with 5-8 years of experience earn roughly $137,056, and those Tool Design Engineer V having 8 years or more experience are expected to earn about $139,076 on average.
| Levels | Salary |
|---|---|
| Entry Level Tool Design Engineer V | $134,513 |
| Intermediate Level Tool Design Engineer V | $135,261 |
| Senior Level Tool Design Engineer V | $136,009 |
| Specialist Level Tool Design Engineer V | $137,056 |
| Expert Level Tool Design Engineer V | $139,076 |
| Entry Level | 9% |
| Mid Level | 8% |
| Senior Level | 8% |
| Top Level | 7% |
| Experienced | 6% |
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