Salary AI Book a Demo

Value Engineer Salary in Akin, IL

How much does a Value Engineer make in Akin, IL?

As of September 01, 2026, the average salary for a Value Engineer in Akin, IL is $98,197 per year, which breaks down to an hourly rate of $47.

However, a Value Engineer's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $115,340
  • Majority Range (25th-75th percentile): $85,726 to $107,170
  • Entry-Level (10th percentile): $74,372
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Value Engineer Salaries

A Value Engineer'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, skills and company size can directly affect your earning potential.

How Experience Level Affects Value Engineer Salaries?

Experience is a primary driver of a Value Engineer'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:

  • Entry-Level (less than 1 year): $65,622
  • Early Career (1-2 years): $80,178
  • Mid-Level (2-4 years): $100,795
  • Senior-Level (5-8 years): $122,350
  • Expert (over 8 years): $144,172
Levels Salary
Cost Engi... Level Value Engineer$65,622
Cost Engi... Level Value Engineer$80,178
Value Eng... Level Value Engineer$100,795
Cost Engi... Level Value Engineer$122,350
Cost Engi... Level Value Engineer$144,172
View as Graph

Top Paying Cities for Value Engineers

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $131,972
  • San Francisco: $130,527
  • Oakland: $127,777

What Skills Can Increase a Value Engineer's Salary?

Demanded Skills for the Role:

  • Analysis (Mentioned in 8.58% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  • Construction Accounting (Mentioned in 2.97% Job Postings): A form of project accounting applied to construction projects. Construction accounting is a vitally necessary form of accounting, especially when multiple contracts come into play.
  • KPI (Mentioned in 1.98% Job Postings): KPI stands for key performance indicator, a quantifiable measure of performance over time for a specific objective.
Skills Demand Percentage
Analysis 8.58%
Construction Accounting 2.97%
KPI 1.98%
See More Skills

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Value Engineer's salary.

  • ERP Systems: Can increase your salary by up to 15%.
  • Prototyping: Can increase your salary by up to 13%.
  • Program Management: Can increase your salary by up to 12%.
Skill Salary Salary % Increase
ERP Systems $112,927
15%
Prototyping $110,963
13%
Program Management $109,981
12%
Get Latest Data

Value Engineer Salary by Industry: Top Paying Sectors

For Value Engineer roles, the industry you choose can affect earning potential by as much as 25% (the gap between the highest and lowest paying industries). Data shows that the Energy & Utilities and Pharmaceuticals sectors offer the strongest compensation, at 10% above the average. In contrast, Value Engineer positions in Edu., Gov't. & Nonprofit or Hospitality & Leisure typically offer lower base pay, as these industries often view Value Engineer as a support function rather than a direct revenue driver.

The top paying industries for a Value Engineer

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Energy & Utilities$108,017$52.010%
Pharmaceuticals$108,017$52.010%
Healthcare$106,053$51.08%
Insurance$105,071$51.07%
Internet$105,071$51.07%

Value Engineer Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Value Engineer'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 September 01, 2026
$85,726
Average $98,197/year
$107,170
$7,144
Average $8,183/month
$8,931
$1,649
Average $1,888/week
$2,061
$41
Average $47/hour
$52
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $107,170 $8,931 $2,061 $52
Average $98,197 $8,183 $1,888 $47
25th Percentile $85,726 $7,144 $1,649 $41

Find Your Next Value Engineer Job

Ready to take the next step in your career? Browse thousands of current Value Engineer job openings on our job board. Use the search bar below to find your perfect match.

For Employees

Analyze the market and your qualifications to negotiate your salary with confidence.

Get a Salary Increase

Search thousands of open positions to find your next opportunity.

Search Job Openings

For Employers

Individualize employee pay based on unique job requirements and personal qualifications.

Adjust Employee Salary

Get the latest market price for benchmark jobs and jobs in your industry.

Price My Industry Jobs

Where Does Our Salary Data Come From?

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.

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst