As of June 01, 2026, the average salary for a Tool Design Engineering Manager in the United States is $152,933 per year, which breaks down to an hourly rate of $74.
However, a Tool Design Engineering Manager's salary can vary significantly. Here’s a look at the typical salary range:
Compensation Planning
Develop a Job Description
Pay Equity
2026 Compensation Trend
AI-Powered Talent
Recruit with AI
A Tool Design Engineering Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
Experience is a primary driver of a Tool Design Engineering Manager's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Tool Design Engineer II | 2-4 years | $90,692 |
| Tool Design Engineer III | 4-7 years | $103,277 |
| Tool Design Engineer IV | 7+ years | $125,218 |
| Tool Design Engineer V | 7-10 years | $147,646 |
| Tool Design Engineering Manager | 10+ years | $152,933 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Tool Design Engineering Managers. For example, consider the average annual salaries in these key locations:
Your level of education can impact your salary potential. While many Tool Design Engineering Managers enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Tool Design Engineering Manager with a Bachelor's Degree is between $162,744 and $174,382).
Tool Design Engineering Manager Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 40.0% |
| High School | 20.0% |
| Associates | 40.0% |
| Bachelors | 20.0% |
| Masters | 40.0% |
| Doctorate | 0.0% |
Understanding how a Tool Design Engineering Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on June 01, 2026Salaries for a Tool Design Engineering Manager can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $153,524 in 2023 to around $148,916 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Tool Design Engineering Manager salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $153,524 |
| 2024 | $152,799 |
| 2025 | $148,916 |
| 2026 |
View More
|
| 2027 |
View More
|
If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.
Compensation PlanningHere are companies hiring for Tool Design Engineering Manager and their salaries, click below for more details.
Ready to take the next step in your career? Browse thousands of current Tool Design Engineering Manager job openings on our job board. Use the search bar below to find your perfect match.
Get a Salary Increase
Analyze the market and your qualifications to negotiate your salary with confidence.
Search Job Openings
Search thousands of open positions to find your next opportunity.
Adjust Employee Salary
Individualize employee pay based on unique job requirements and personal qualifications.
Price My Industry Jobs
Get the latest market price for benchmark jobs and jobs in your industry.
A Tool Design Engineering Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Tool Design Engineering Manager earns the most in San Jose, CA, where the annual salary of a Tool Design Engineering Manager is $192,894.
The highest pay for Tool Design Engineering Manager is $167,506.
The lowest pay for Tool Design Engineering Manager is $139,885.
Manages the design and development of tools and machinery to facilitate and optimize manufacturing processes. Leads design reviews to determine tooling concepts, design options, testing plans, and specifications. Provides expert input to resolve design issues and innovate solutions. Oversees the design, fabrication, sourcing, and procurement of fixtures, jigs, gauges, cutting and forming tools, carts, racks, and other items to support production. Ensures design documentation and models for the fabrication of tools are accurately prepared. Controls budgets, costs, resource allocation, and materials required for tools. Typically requires a bachelor's degree or equivalent. Typically reports to a head of a unit/department. Typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
Salary.com's CompAnalyst platform offers:
