(800) 627 3697 info.eri@erieri.com
Are you working in compensation or HR? See our salary, cost-of-living, and executive pay applications in action. Try our free salary assessor demo.

Product Development Engineer Salary

$113,886 (USD)

Average Salary

$55/hr

Average Hourly

$4,111

Average Bonus

Last updated: November 21, 2019

The average pay for a Product Development Engineer is $113,886 a year and $55 an hour in the United States. The average salary range for a Product Development Engineer is between $79,594 and $141,463. On average, a Bachelor's Degree is the highest level of education for a Product Development Engineer. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in the United States.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

Average Salary Chart

Customize:

Get a free Salary Report tailored to your job title, experience and location

 
arrow_downward
Scroll for Salary Potential, Education and Skills
arrow_downward
Are you an HR Professional?
Try our salary assessor and find out how much you should be paying
Description:
  • Designs, develops, tests, and evaluates new products, applying knowledge of engineering.
  • Determines nature of technical problems and possible solutions, such as product redesign, substitution of material or parts, or rearrangement of parts or subassemblies.
  • Reviews and evaluates designs for improving performance or other factors, or to obtain data for development.
  • Positions covered by this definition are characterized by the inclusion of work that requires an understanding of both theories and principles.
  • Excludes paraprofessional positions.
Product Development Engineer Job Prevalence in the United States

Job family: Engineers, All Other

Job family population: 142,030

Estimated population of Product Development Engineer jobs: 10,924

Rate of error: 1.5%

Estimated salary in 2024:
$132,025
5 Year Change:
16 %
Customize:

Get a free Salary Report tailored to your job title, experience and location

 

Are you an Employer?

Free Salary Assessor Product Demo

About United States

United States Cost of Living Score:

Description: The United States of America (USA), commonly known as the United States (U.S. or US) or simply America, is a country comprising 50 states, a federal district, five major self-governing territories, and various possessions. At 3.8 million square miles (9.8 million km2), it is the world's third or fourth largest country by total area and is slightly smaller than the entire continent of Europe. Most of the country is located in central North America between Canada and Mexico. With an estimated population of over 327 million people, the U.S. is the third most populous country. The capital is Washington, D.C., and the...

Product Development Engineer Job Listings for United States

High Volume Product Development Engineer
Nov 20
San Francisco, CA, USA
Cybercoders
High Volume Product Development Engineer If you are a High Volume Product Development Engineer with experience, please read on! This role will support our rapidly growing team. The ideal candidate ...
Product Development Engineer (Must Have Instron)
Nov 12
Franklin Lakes, NJ, USA
Millenniumsoft Inc.
Product Development Engineer (Must Have Instron) Location: Franklin Lakes, NJ Duration: 12+ Months Contract Total Hours/week: 40.00 · Provide solid technical skill and engineering support for design ...
Senior Product Development Engineer
Nov 15
Kenosha, WI, USA
Bradshaw Medical
Knowledge, Skills & Competencies: * 7+ years of related experience in product development engineering in a machining production and design facility. * Experience in medical device product development ...
Product Development Engineer - Polymers, Films, Coating, Packaging
Nov 12
Indianapolis, IN, USA
Premier Search Associates
Masters preferred. 5 years of engineering experience working with polymers for film products: R&D and/or Quality Control; structure / properties relationships of polyolefins and related polymers with ...
Product Development Engineer (Medical Device)
Nov 11
San Antonio, TX, USA
BEPC, Inc.
Experience with Quality Engineering, Product Development, or Design Verification engineering * Ability to deal effectively with all employees and external business contacts while conveying a positive ...

The average pay for a Product Development Engineer is $113,886 a year and $55 an hour in the United States. The average salary range for a Product Development Engineer is between $79,594 and $141,463. On average, a Bachelor's Degree is the highest level of education for a Product Development Engineer. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in the United States.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

Are you an Employer?

Free Salary Assessor Product Demo

Salaries By Location

Product Development Engineer
Product Development Engineer
Visit our white paper page

Download white papers like our popular quarterly national compensation forecast report.

Similar Job Titles

Product Development Engineer
Product Development Engineer
Explore our most popular jobs
View our most popular salary searches and other resources
High Volume Product Development Engineer
Nov 20
San Francisco, CA, USA
Cybercoders
High Volume Product Development Engineer If you are a High Volume Product Development Engineer with experience, please read on! This role will support our rapidly growing team. The ideal candidate ...
Product Development Engineer (Must Have Instron)
Nov 12
Franklin Lakes, NJ, USA
Millenniumsoft Inc.
Product Development Engineer (Must Have Instron) Location: Franklin Lakes, NJ Duration: 12+ Months Contract Total Hours/week: 40.00 · Provide solid technical skill and engineering support for design ...
Explore our most popular jobs
View our most popular salary searches and other resources