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How much does a Tool Design Engineer V make?

As of January 01, 2025, the average annual salary for a Tool Design Engineer V in Suffolk, VA is $147,202. Salary.com reports that pay typically ranges from $127,605 to $166,298, with most professionals earning between $109,764 and $183,684.

Tool Design Engineer V Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $176,725 $14,727 $3,399 $85
Average $156,431 $13,036 $3,008 $75
25th Percentile $135,606 $11,301 $2,608 $65

Average Salary

25% $127,605 10% $109,764 90% $183,684 75% $166,298 $147,202 50%(Median) Didn’t find job title? Click
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View Tool Design Engineer V Salary by Hour, Week, Month, 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 January 01, 2025
Last Updated on January 01, 2025
Levels Salary
Entry Level Tool Design Engineer V $138,283
Intermediate Level Tool Design Engineer V $139,735
Senior Level Tool Design Engineer V $141,186
Specialist Level Tool Design Engineer V $143,218
Expert Level Tool Design Engineer V $147,536
$138,283 0 yr
$139,735 < 2 yrs
$141,186 2-4 yrs
$143,218 5-8 yrs
$147,536 > 8 yrs
Last Updated on January 01, 2025
Entry Level 12%
Mid Level 11%
Senior Level 10%
Top Level 8%
Experienced 6%
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Last Updated on January 01, 2025

Job Openings of Tool Design Engineer V

Salary.com job board provides millions of Tool Design Engineer V information for you to search for. Click on search button below to see Tool Design Engineer V job openings or enter a new job title here.

Cost of Living In Suffolk, VA

Cost of Living in Suffolk , VA is
5.1% Higher
than the National Average
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

Best-Paid Skills and Qualifications for Tool Design Engineer V

What skills does a Tool Design Engineer V need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.

2.

Open Access: Open Access (OA) refers to all electronic resources that are made widely available on the internet without licensing and copyright restrictions. Open Access resources can include articles, journals, books, conference proceedings, theses, music, etc.

3.

Web Applications: A web application is application software that runs in a web browser, unlike software programs that run locally and natively on the operating system of the device. They are delivered on the World Wide Web to users with an active network connection.

Planning 7.14%
Open Access 3.57%
Web Applications 1.79%
Others 87.5%
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What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Tool Design Engineer V higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Verbal Communication, you can get a 12% salary raise. If you are good at New Product Introduction, your salary will increase by 11%. If you are expert in Root Cause Analysis, your salary will rise by 11%.
Skill Salary Demand
Verbal Communication
$164,866
12%
New Product Introduction
$163,394
11%
Root Cause Analysis
$163,394
11%
OEM
$156,034
6%
Innovation
$154,562
5%
Attention to Detail
$153,090
4%
Last Updated on January 01, 2025

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Tool Design Engineer V is $147,202 per year in Suffolk, VA, updated at January 01, 2025.
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