Product Development Engineer Average Salary in United States 2024
How much money does a person working as Product Development Engineer make in United States?
LOW
41,600
USD AVERAGE
88,500
USD HIGH
140,000
USD
A person working as Product Development Engineer in United States typically earns around 88,500 USD. Salaries range from 41,600 USD (lowest) to 140,000 USD (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Product Development Engineer salaries in United States vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Product Development Engineer Pay Scale and Salaries in United States
Salary Structure and Pay Scale Comparison
83,300 USD or more
73,200 to 83,300 USD
50,900 USD or less
50,900 to 73,200 USD
 41,600 USD |
83,900 USD |
140,000 USD |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Product Development Engineer in United States range from 41,600 USD (starting salary) to 140,000 USD (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 83,900 USD, half of the professionals who work as Product Development Engineer in United States earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Product Development Engineer in United States earn less than 67,900 USD, while 75% earn more. Similarly, the chart shows that 75% earn less than 96,400 USD while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Product Development Engineer in United States compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 50,900 USD to 73,200 USD. About 20% of salaries are below the 50,900 USD mark, while 10% fall within the range of 73,200 USD to 83,300 USD. Only 5% of individuals have salaries exceeding 83,300 USD.
Salary Comparison by Years of Experience / Product Development Engineer / United States
How do experience and age affect pay?
| 0 - 2 Years | 48,000 USD | |
| 2 - 5 Years | +38% | 66,100 USD |
| 5 - 10 Years | +42% | 94,100 USD |
| 10 - 15 Years | +22% | 115,000 USD |
| 15 - 20 Years | +6% | 121,000 USD |
| 20+ Years | +9% | 132,000 USD |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Product Development Engineer and this is what we found.
Employees with less than two years of experience earn approximately 48,000 USD.
While someone with an experience level between two and five years is expected to earn 66,100 USD, 38% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 94,100 USD, 42% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 115,000 USD, 22% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 121,000 USD, 6% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 132,000 USD, 9% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Product Development Engineer / United States
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Product Development Engineer.
| Bachelor's Degree | 66,100 USD | |
| Master's Degree | +83% | 121,000 USD |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Product Development Engineer in order to make a comparison.
Level 1: Bachelor's Degree
Employees at this education level have an average salary of 66,100 USD.
Level 2: Master's Degree
At this level, the average salary becomes 121,000 USD, 83% more than the previous level.
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in United States costs anywhere from 39,600 USD to 119,000 USD and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Product Development Engineer / United States
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Product Development Engineer in United States, the average difference between the salary of male and female employees is 5%.
| Male | 90,900 USD | |
| Female | -5% | 86,200 USD |
Salary Comparison By Gender in United States for all Careers
Average Annual Salary Increment Percentage / Product Development Engineer / United States
How much are annual salary increments in United States for individuals working as Product Development Engineer? How often do employees get salary raises?
Individuals working as Product Development Engineer in United States are likely to observe a salary increase of approximately 11% every 16 months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.
United States / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Product Development Engineer / United States
How much and how often are bonuses being awarded?
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41% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 59% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 2% to 7% of their annual salary.
| Received Bonus | 59% | |
| No Bonus | 41% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Average Hourly Wage / Product Development Engineer / United States
43 USD per hourThe average hourly wage (pay per hour) for individuals working as Product Development Engineer in United States is 43 USD.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as Product Development Engineer in United States is 20 USD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Engineering |  -100% | |
| 3D Printing Engineer | 78,700 USD | -11% |
| Acoustics Engineer | 78,200 USD | -12% |
| Assembly Engineering Technician | 64,700 USD | -27% |
| Assistant Chief Engineer | 96,600 USD |  +9% |
| Associate Engineer | 78,500 USD | -11% |
| AutoCAD Drafter | 50,600 USD | -43% |
| Autocad Operator | 52,600 USD | -41% |
| Automation Engineer | 93,400 USD | +6% |
| Avionic System Support Engineer | 77,700 USD | -12% |
| Biochemical Engineer | 83,100 USD | -6% |
| BMS Engineer | 81,700 USD | -8% |
| Bridge and Lock Tender | 48,000 USD | -46% |
| Broadcast Engineer | 81,500 USD | -8% |
| CAD Design Engineer | 91,400 USD | +3% |
| CAD Designer | 51,600 USD | -42% |
| CAE Engineer | 82,300 USD | -7% |
| Ceramics Engineer | 81,300 USD | -8% |
| Chemical Engineer | 83,000 USD | -6% |
| Civil Drafter | 51,100 USD | -42% |
| Civil Engineer | 85,600 USD | -3% |
| Civil Site Engineer | 84,900 USD | -4% |
| Civil Technician | 51,600 USD | -42% |
| Cognitive Engineer | 78,500 USD | -11% |
| Commissioning Engineer | 86,700 USD | -2% |
| Communications Engineer | 92,600 USD | +5% |
| Condition Monitoring Engineer | 74,600 USD | -16% |
| Contract Associate Engineer | 84,600 USD | -4% |
| Contract Engineer | 78,900 USD | -11% |
| Control Systems Engineer | 80,800 USD | -9% |
| Controls Engineer | 86,500 USD | -2% |
| Controls Software Engineer | 74,700 USD | -16% |
| Corrosion Engineer | 76,800 USD | -13% |
| Design Engineer | 87,400 USD | -1% |
| Director of Engineering | 175,000 USD | +98% |
| Drafter | 52,200 USD | -41% |
| Drafting Manager | 98,800 USD | +12% |
| Drilling Engineer | 85,500 USD | -3% |
| Drilling Foreman | 25,800 USD | -71% |
| Electrical Draughtsman | 41,500 USD | -53% |
| Electrical Engineer | 90,000 USD | +2% |
| Electrical Engineering Manager | 121,000 USD | +37% |
| Electromechanical Engineering Technologist | 95,100 USD | +7% |
| Electromechanical Equipment Assembler | 43,300 USD | -51% |
| Energy Engineer | 86,900 USD | -2% |
| Engine Assembler | 39,900 USD | -55% |
| Engineer | 91,700 USD | +4% |
| Engineering Account Manager | 98,000 USD | +11% |
| Engineering Chief Designer | 97,100 USD | +10% |
| Engineering Consultant | 116,000 USD | +31% |
| Engineering Key Account Manager | 118,000 USD | +33% |
| Engineering Lab Technician | 81,300 USD | -8% |
| Engineering Manager | 123,000 USD | +39% |
| Engineering Planning Manager | 114,000 USD | +29% |
| Engineering Production Manager | 156,000 USD | +76% |
| Engineering Project Analyst | 98,900 USD | +12% |
| Engineering Project Coordinator | 99,700 USD | +13% |
| Engineering Project Director | 173,000 USD | +96% |
| Engineering Project Leader | 110,000 USD | +24% |
| Engineering Project Manager | 122,000 USD | +38% |
| Engineering Research and Development Manager | 143,000 USD | +62% |
| Engineering Safety Coordinator | 69,000 USD | -22% |
| Engineering Sales Manager | 120,000 USD | +36% |
| Engineering Technician | 67,700 USD | -23% |
| Engineering Technologist | 66,100 USD | -25% |
| Environmental Engineer | 87,500 USD | -1% |
| Equipment Engineer | 76,000 USD | -14% |
| Equipment Engineering Manager | 113,000 USD | +28% |
| Estimator | 74,200 USD | -16% |
| Fabrication Specialist | 61,900 USD | -30% |
| Fabricator | 37,000 USD | -58% |
| Facade Engineer | 81,100 USD | -8% |
| Fiber Analyst | 47,500 USD | -46% |
| Field Engineer | 91,700 USD | +4% |
| Field Engineering Manager | 139,000 USD | +57% |
| Fire Engineer | 88,700 USD | +0% |
| Fitter and Turner | 26,400 USD | -70% |
| Forestry Strategic Planner | 98,000 USD | +11% |
| Generation Engineer | 89,300 USD | +1% |
| Genetic Engineer | 90,700 USD | +3% |
| Geological Engineer | 91,700 USD | +4% |
| Geotechnical Engineer | 90,100 USD | +2% |
| Heavy Equipment Mechanic | 45,400 USD | -49% |
| Highway Engineer | 86,800 USD | -2% |
| HSE Professional | 82,900 USD | -6% |
| Human Machine Interface Engineer | 77,000 USD | -13% |
| HVAC Engineer | 86,300 USD | -2% |
| HVAC Supervisor | 80,600 USD | -9% |
| Industrial Engineer | 80,400 USD | -9% |
| Industrial Engineering Technologist | 79,200 USD | -10% |
| Instrument Engineer | 84,200 USD | -5% |
| Instrument Technician | 48,900 USD | -45% |
| Instrumentation and Control Engineer | 82,100 USD | -7% |
| Instrumentation Designer | 72,300 USD | -18% |
| Instrumentation Engineer | 82,900 USD | -6% |
| Instrumentation Manager | 87,000 USD | -2% |
| Irrigation Engineer | 83,500 USD | -6% |
| Licensed Aircraft Engineer | 90,300 USD | +2% |
| Locomotive Engineer | 82,500 USD | -7% |
| Maintenance Engineer | 83,000 USD | -6% |
| Maintenance Fitter | 30,500 USD | -66% |
| Maintenance Manager | 84,500 USD | -4% |
| Manufacturing Engineer | 79,400 USD | -10% |
| Marine Engineer | 85,300 USD | -4% |
| Materials Engineer | 85,600 USD | -3% |
| Materials Researcher | 79,000 USD | -11% |
| Materials Technician | 64,100 USD | -28% |
| Mechanical and Electrical Engineer | 90,400 USD | +2% |
| Mechanical Design Engineer | 87,500 USD | -1% |
| Mechanical Designer | 73,000 USD | -17% |
| Mechanical Engineer | 86,500 USD | -2% |
| Mechanical Engineering Manager | 117,000 USD | +32% |
| Mechanical Inspector | 84,300 USD | -5% |
| Mechatronics Engineer | 86,700 USD | -2% |
| Mining Engineer | 82,800 USD | -6% |
| Nanotechnology Engineer | 88,300 USD | -0% |
| Natural Language Processing Engineer | 97,100 USD | +10% |
| Oil and Petrochemical Engineer | 96,700 USD | +9% |
| Optical Engineer | 84,600 USD | -4% |
| Optical Instrument Assembler | 41,100 USD | -54% |
| PCB Assembler | 30,800 USD | -65% |
| Photonics Engineer | 91,100 USD | +3% |
| Photonics Technician | 76,500 USD | -14% |
| Pipeline Engineer | 74,600 USD | -16% |
| Piping Designer | 45,500 USD | -49% |
| Piping Engineer | 79,100 USD | -11% |
| Planning Engineer | 82,200 USD | -7% |
| Pressure Vessel Inspector | 41,800 USD | -53% |
| Principal Cost Engineer | 85,800 USD | -3% |
| Principal Engineer | 86,400 USD | -2% |
| Principal Support Engineer | 88,900 USD | +0% |
| Process Engineer | 81,700 USD | -8% |
| Process Operator | 49,400 USD | -44% |
| Product Development Engineer | 88,500 USD | +0% |
| Product Development Technician | 61,500 USD | -30% |
| Product Engineer | 91,000 USD | +3% |
| Product Safety Engineer | 78,100 USD | -12% |
| Production Engineer | 80,900 USD | -9% |
| Project Engineer | 86,100 USD | -3% |
| Proposal Manager | 113,000 USD | +28% |
| Purchasing Engineer | 75,300 USD | -15% |
| Quality Assurance Engineer | 83,100 USD | -6% |
| Rail Engineer | 87,000 USD | -2% |
| Regional Field Engineer | 91,400 USD | +3% |
| Remote Sensing Engineer | 85,000 USD | -4% |
| Robotics Engineer | 96,800 USD | +9% |
| Robotics Technician | 72,100 USD | -19% |
| Safety Engineer | 88,700 USD | +0% |
| Safety Inspector | 69,300 USD | -22% |
| Safety Manager | 98,700 USD | +12% |
| Safety Officer | 44,600 USD | -50% |
| Sales Engineer | 92,300 USD | +4% |
| Scheduling Engineer | 80,400 USD | -9% |
| Security Engineer | 94,500 USD | +7% |
| Service Engineer | 93,100 USD | +5% |
| Smart Home Engineer | 89,100 USD | +1% |
| Solar Engineer | 92,200 USD | +4% |
| Staff Engineer | 87,200 USD | -1% |
| Static Equipment Engineer | 85,500 USD | -3% |
| Stationary Engineer | 73,700 USD | -17% |
| Stress Engineer | 82,500 USD | -7% |
| Structural Analysis Engineer | 81,000 USD | -8% |
| Structural Designer | 72,300 USD | -18% |
| Structural Engineer | 83,400 USD | -6% |
| Structural Technician | 56,300 USD | -36% |
| Subsea Engineer | 104,000 USD | +18% |
| Supply Chain Specialist | 86,900 USD | -2% |
| Surveyor | 65,000 USD | -27% |
| Technical Affairs Officer | 44,900 USD | -49% |
| Technical Assistant | 44,300 USD | -50% |
| Technical Engineer | 75,400 USD | -15% |
| Technical Support Engineer | 74,600 USD | -16% |
| Tender Engineer | 78,000 USD | -12% |
| Test Development Engineer | 84,500 USD | -4% |
| Test Engineer | 86,700 USD | -2% |
| Transportation Engineer | 78,500 USD | -11% |
| Urban Engineer | 83,500 USD | -6% |
| Validation Engineer | 73,000 USD | -17% |
| Verification Engineer | 81,800 USD | -8% |
| Wastewater Engineer | 84,900 USD | -4% |
| Wind Energy Engineer | 88,100 USD | -0% |
| Wind Energy Operations Manager | 119,000 USD | +34% |
| Wireless Engineer | 93,200 USD | +5% |
| Work Planner | 62,200 USD | -30% |
Salary Comparison By City
| City | Average Salary |
| Boston | 90,900 USD |
| Chicago | 100,000 USD |
| Houston | 108,000 USD |
| Las Vegas | 91,900 USD |
| Los Angeles | 103,000 USD |
| New York | 111,000 USD |
| San Francisco | 97,500 USD |
| San Jose | 102,000 USD |
Salary Comparison By State
| State | Average Salary |
| Alabama | 89,100 USD |
| Alaska | 76,400 USD |
| Arizona | 98,500 USD |
| Arkansas | 89,400 USD |
| California | 100,000 USD |
| Colorado | 88,700 USD |
| Connecticut | 84,400 USD |
| Delaware | 85,100 USD |
| District of Columbia | 81,700 USD |
| Florida | 99,800 USD |
| Georgia | 96,100 USD |
| Hawaii | 80,600 USD |
| Idaho | 87,300 USD |
| Illinois | 101,000 USD |
| Indiana | 94,900 USD |
| Iowa | 86,100 USD |
| Kansas | 84,400 USD |
| Kentucky | 85,300 USD |
| Louisiana | 92,600 USD |
| Maine | 83,700 USD |
| Maryland | 92,700 USD |
| Massachusetts | 90,900 USD |
| Michigan | 92,600 USD |
| Minnesota | 94,900 USD |
| Mississippi | 87,700 USD |
| Missouri | 92,300 USD |
| Montana | 80,100 USD |
| Nebraska | 81,100 USD |
| Nevada | 89,800 USD |
| New Hampshire | 84,500 USD |
| New Jersey | 96,300 USD |
| New Mexico | 84,000 USD |
| New York | 96,100 USD |
| North Carolina | 91,700 USD |
| North Dakota | 81,300 USD |
| Ohio | 98,600 USD |
| Oklahoma | 87,900 USD |
| Oregon | 86,300 USD |
| Pennsylvania | 93,900 USD |
| Rhode Island | 83,500 USD |
| South Carolina | 91,900 USD |
| South Dakota | 80,400 USD |
| Tennessee | 91,900 USD |
| Texas | 96,100 USD |
| Utah | 88,500 USD |
| Vermont | 80,600 USD |
| Virginia | 95,900 USD |
| Washington | 93,200 USD |
| West Virginia | 81,200 USD |
| Wisconsin | 96,300 USD |
| Wyoming | 80,000 USD |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in United States is 5% on average across all career fields.
| Private Sector | 92,800 USD | |
| Public Sector | +5% | 97,500 USD |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Product Development Engineer in United States?
A good and competitive compensation would range anywhere between 83,900 USD and 96,400 USD. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for a careers like Product Development Engineer in United States ranges from 41,600 USD to 67,900 USD. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
