As of May 01, 2026, the average annual salary for Component Engineer in Madison, WI is $68,935, equivalent to $33 per hour, $1,326 weekly, or $5,745 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 Madison, WI vary widely, spanning from $60,749 to $75,451. Most professionals fall between the 25th percentile ($64,650) and 75th percentile ($72,346), while top earners (90th percentile) make $75,451 per year. This $7,696 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, Madison Component Engineer often earn 0.2% lower than national averages. However, Madison currently ranks 406 statewide for Component Engineer job salary. Professionals are advised to focus on high-growth sectors like to offset market challenges.