As of August 01, 2026, the average salary for a Principal Engineering Manager in Farmington, ME is $173,174 per year, which breaks down to an hourly rate of $83.
However, a Principal Engineering Manager's salary can vary significantly. Here’s a look at the typical salary range:
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A Principal 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, skills and company size can directly affect your earning potential.
Experience is a primary driver of a Principal 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:
| Levels | Salary |
|---|---|
| Entry Level Principal Engineering Manager | $161,995 |
| Intermediate Level Principal Engineering Manager | $163,858 |
| Senior Level Principal Engineering Manager | $166,963 |
| Specialist Level Principal Engineering Manager | $170,068 |
| Expert Level Principal Engineering Manager | $175,187 |
What Am I Worth?
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Leadership | 25.64% |
| Program Design | 1.03% |
| Microsoft Office | 0.51% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Nursing Practice
|
$195,686 |
13%
|
|
Budgeting
|
$193,954 |
12%
|
|
Verbal Communication
|
$192,223 |
11%
|
|
Program Design
|
$190,491 |
10%
|
|
Commitment
|
$185,296 |
7%
|
|
Clinical Nursing
|
$185,296 |
7%
|
For Principal Engineering Manager roles, the industry you choose can impact your earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Edu., Gov't. & Nonprofit, offers compensation 20% above the average. Conversely, Principal Engineering Manager positions in Business Services typically offer lower base pay, as this sector often view Principal Engineering Manager as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Edu., Gov't. & Nonprofit | $207,808 | $100.0 | 20% |
Understanding how a Principal 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 August 01, 2026Ready to take the next step in your career? Browse thousands of current Principal Engineering Manager job openings on our job board. Use the search bar below to find your perfect match.
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