As of May 01, 2026, the average annual salary for Component Engineer in Mount Prospect, IL is $71,287, equivalent to $34 per hour, $1,371 weekly, or $5,941 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 Mount Prospect, IL vary widely, spanning from $62,821 to $78,025. Most professionals fall between the 25th percentile ($66,856) and 75th percentile ($74,814), while top earners (90th percentile) make $78,025 per year. This $7,958 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, Mount Prospect Component Engineer often earn 0.0% higher than national averages. However, Mount Prospect currently ranks 280 statewide for Component Engineer job salary. Professionals are advised to focus on high-growth sectors like to offset market challenges.

Based on HR-reported data: a national average with a geographic differential
Component Engineer Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Component Engineer Salary $62,821 Mount Prospect, IL May 01, 2026
25th Percentile Component Engineer Salary $66,856 Mount Prospect, IL May 01, 2026
50th Percentile Component Engineer Salary $71,287 Mount Prospect, IL May 01, 2026
75th Percentile Component Engineer Salary $74,814 Mount Prospect, IL May 01, 2026
90th Percentile Component Engineer Salary $78,025 Mount Prospect, IL May 01, 2026
25% $66,856 10% $62,821 90% $78,025 75% $74,814 $71,287 50%(Median) Didn’t find job title? Click
Change Search Criteria
Check out Component Engineer jobs in Mount Prospect, Illinois

Pediatric Dentist - Leap Kids Dental

Rock Dental Missouri PLLC - SPRINGFIELD, MO

Dentist - Leap Kids Dental of Arkansas

Rock Dental Arkansas PLLC - HOT SPRINGS, AR

Dentist - Leap Kids Dental

Rock Dental Arkansas PLLC - JONESBORO, AR

Search More Component Engineer Jobs in Mount Prospect, Illinois

Component Engineer

Review the job openings, similar jobs, level of education, and experience requirements for the Component Engineer job to confirm that it is the job you are seeking.

See user submitted job responsibilities for Component Engineer.

Job Openings for Component Engineer in Mount Prospect, IL

Career Path for this job

  1. This Job:

    Component Engineer

    0 - 2 years experience
    Bachelor's Degree

  2. Up a level:

    Digital Producer II

    2 - 4 years experience
    Bachelor's Degree

Understand the total compensation opportunity for a Component Engineer, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
66856
74814
71287

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
66724
80114
72526
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Component Engineer in Mount Prospect, IL. The base salary for Component Engineer ranges from $66,856 to $74,814 with the average base salary of $71,287. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $66,724 to $80,114 with the average total cash compensation of $72,526.

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

66856
74814

 

About Mount Prospect, Illinois    Mount Prospect is a village in Elk Grove and Wheeling Townships in Cook County, Illinois, about 20 miles (32 km) northwest of downtown Chicago, and ap....More

Mount Prospect, Illinois  area prices were up 0.8% from a year ago

Component Engineer Salary in popular cities: ChicagoAuroraRockford

Skills associated with Component Engineer: Design, Procurement

Jobs with a similar salary range to Component Engineer : Surgical Specialist, Secret Agent