As of May 01, 2026, the average annual salary for Component Engineer in Albany, IN is $65,259, equivalent to $31 per hour, $1,255 weekly, or $5,438 monthly. These figures, sourced from Salary.com’s real-time job posting scans, highlight competitive earning potential for Component Engineer in cities like San Jose, Santa Clara, and San Francisco.
Annually Salaries for Component Engineer in Albany, IN vary widely, spanning from $57,509 to $71,427. Most professionals fall between the 25th percentile ($61,202) and 75th percentile ($68,488), while top earners (90th percentile) make $71,427 per year. This $7,286 pay gap underscores opportunities for salary growth through certifications, specialized skills like Project Management or Digital Media, or targeting high-paying regions like District of Columbia or California.
Location and experience significantly influence earnings. For example, Albany Component Engineer often earn 2.8% lower than national averages. Professionals are advised to focus on high-growth sectors like to offset market challenges.
