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Salary

How much does a Product Development Engineer make?

The average salary for a Product Development Engineer is $97,735 per year in the US.

Product Development Engineers play a key role in creating new products. They combine technical skills with creativity to design items that meet market needs. The average yearly salary for this job is around $97,735. This means most engineers earn close to this amount each year.


The salary range for Product Development Engineers varies. The lowest-paid 10% earn about $36,475. On the higher end, the top 10% make about $202,250. Many engineers fall in the middle of this range. Factors like experience, education, and the specific industry affect earnings. Those with more experience or advanced degrees often earn more. Also, working in tech-heavy cities can boost salary.

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What are the highest paying cities for a Product Development Engineer?

Cities like Dallas and Austin lead in offering high salaries for Product Development Engineers. With Dallas at the top, these locations present exciting opportunities for professionals in the field. San Francisco, Boston, and other notable cities also provide competitive pay packages. These locations offer above-average salaries, making them attractive for job seekers. Engineers can expect to earn more in these areas, which often have a higher demand for skilled workers. Being in these cities can boost both career and financial prospects.
Graph displaying highest paying cities salaries for Product Development Engineer jobs, highlighting Dallas, TX with the highest at $166,773 and Seattle, WA with the lowest at $108,175.
  1. Dallas, TX
    Average Salary: $166,773
    Working in Dallas as an engineer means being part of a tech hub where companies like AT&T and ExxonMobil innovate. The city offers a great mix of growth opportunities and a vibrant lifestyle. Engineers here enjoy a balance between work and social activities.
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  2. Austin, TX
    Average Salary: $142,194
    In Austin, you can find work with major tech firms such as Dell and Apple. The city is known for its innovation and friendly atmosphere. Engineers here benefit from a strong community and a growing job market.
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  3. San Francisco, CA
    Average Salary: $138,660
    Engineers in San Francisco often work for tech giants like Google and Salesforce. The city's dynamic tech scene offers many opportunities for career growth. Employees enjoy a unique blend of innovation and cultural experiences.
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  4. Boston, MA
    Average Salary: $129,971
    Boston attracts top talent with companies like General Electric and Raytheon. The city's rich history and academic institutions provide a unique work environment. Engineers can benefit from the city’s vibrant tech community.
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  5. Tampa, FL
    Average Salary: $123,471
    In Tampa, engineers work for companies such as Raytheon and Siemens. The city offers a warm climate and a lower cost of living. Professionals enjoy a relaxed atmosphere while working on cutting-edge projects.
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  6. San Diego, CA
    Average Salary: $111,557
    San Diego is home to companies like Qualcomm and Illumina. The city's beautiful weather and outdoor activities make it an attractive place to live and work. Engineers here enjoy a mix of innovation and leisure.
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  7. Chicago, IL
    Average Salary: $109,662
    In Chicago, you can find employment with companies such as Boeing and Accenture. The city offers a vibrant cultural scene and numerous professional opportunities. Engineers enjoy a lively work environment with plenty of activities.
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  8. Minneapolis, MN
    Average Salary: $109,122
    Minneapolis houses companies like 3M and Cargill. The city offers a high quality of life with a mix of urban and outdoor experiences. Engineers benefit from a strong community and a supportive work environment.
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  9. Ann Arbor, MI
    Average Salary: $109,000
    In Ann Arbor, you can work for firms such as Ford and Dow Chemical. The city's academic influence creates a unique atmosphere. Engineers enjoy a mix of innovation and intellectual stimulation.
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  10. Seattle, WA
    Average Salary: $108,175
    Seattle is known for companies like Amazon and Microsoft. The city offers a vibrant tech scene and beautiful natural surroundings. Engineers enjoy a dynamic work environment and numerous recreational opportunities.
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What are the best companies a Product Development Engineer can work for?

Top companies like NVIDIA, AT&T, and Amazon offer some of the highest salaries for Product Development Engineers. These companies provide competitive pay packages and exciting opportunities to work on cutting-edge projects. Pursuing a role at one of these firms can lead to a lucrative and rewarding career in product development. Aside from industry giants, companies like Epicor, Raytheon, and Citi also offer attractive salaries for this role. These firms value innovation and technical expertise, providing employees with ample chances to grow. Joining such a company can significantly boost one's earning potential and career advancement.
Graph displaying best paying company salaries for Product Development Engineer jobs, highlighting NVIDIA with the highest at $217,525 and Amphenol with the lowest at $118,319.
  1. NVIDIA
    Average Salary: $217,525
    NVIDIA, headquartered in Santa Clara, California, offers Product Development Engineer jobs in multiple locations, including Foster City, CA, and Austin, TX. Engineers work on advanced technologies in graphics and computing, collaborating to create innovative products.


  2. AT&T
    Average Salary: $180,689
    AT&T, based in Dallas, Texas, also operates in many locations across the country. Here, Product Development Engineers focus on creating new telecommunications and technology solutions, ensuring that AT&T remains at the forefront of the industry.


  3. Amazon
    Average Salary: $160,607
    Amazon, a leading e-commerce giant based in Seattle, Washington, hires Product Development Engineers in various cities, including San Francisco, CA, and Boston, MA. Engineers work on innovative products and services that improve the customer experience.


  4. Epicor
    Average Salary: $144,500
    Epicor, headquartered in Richardson, Texas, offers Product Development Engineer jobs in several locations across the US. Engineers contribute to developing software solutions that help businesses manage their operations more effectively.


  5. Raytheon
    Average Salary: $144,273
    Raytheon, with its headquarters in Waltham, Massachusetts, provides Product Development Engineer positions in areas like Arlington, VA, and Tucson, AZ. Engineers develop cutting-edge technologies for defense and aerospace applications.


  6. Citi
    Average Salary: $143,968
    Citi, a major global bank based in New York City, offers Product Development Engineer jobs in various locations. Engineers play a key role in creating financial services and technology solutions that meet the needs of customers worldwide.


  7. KLA Tencor International Corp
    Average Salary: $142,043
    KLA Tencor International Corp, with its headquarters in Milpitas, California, hires Product Development Engineers in locations like Austin, TX, and San Jose, CA. Engineers develop advanced semiconductor manufacturing equipment, driving innovation in the tech industry.


  8. Molex
    Average Salary: $140,781
    Molex, based in Lisle, Illinois, offers Product Development Engineer jobs in various cities, including Chicago, IL, and Mexico City, Mexico. Engineers focus on creating connectivity solutions for automotive, industrial, and consumer electronics.


  9. 3Mcompany
    Average Salary: $133,216
    3M Company, headquartered in Maplewood, Minnesota, provides Product Development Engineer positions in locations like St. Paul, MN, and Bracknell, UK. Engineers work on creating high-quality products used in various industries, from healthcare to electronics.


  10. Amphenol
    Average Salary: $118,319
    Amphenol, with its headquarters in Wallingford, Connecticut, offers Product Development Engineer jobs in several locations across the US. Engineers design and develop connectivity and sensor solutions for a wide range of applications, from aerospace to automotive.

How to earn more as a Product Development Engineer?

Working as a Product Development Engineer offers many opportunities to increase your earnings. Enhancing skills and gaining experience can lead to higher salary offers. Other factors also play a role in boosting income. Understanding these can help in planning career moves effectively.

Here are some factors that can help a Product Development Engineer earn more:

  1. Advanced Education: Obtaining a master’s degree or a Ph.D. can lead to higher paying positions. These advanced degrees often qualify a candidate for senior roles.
  2. Professional Certifications: Earning certifications related to engineering, project management, or specific tools can make a candidate more attractive to employers. These certifications often lead to higher salaries.
  3. Industry Experience: Working in high-demand industries such as technology or pharmaceuticals often comes with higher pay. Experience in these fields can boost earning potential.
  4. Specialized Skills: Mastering skills such as coding, CAD software, or project management can set a candidate apart. These specialized skills often lead to higher salary offers.
  5. Location: Working in areas with a high cost of living often means higher salaries. Urban areas with many tech companies can offer better pay.

Currently 356 Product Development Engineer job openings, nationwide.

How's the job market for a Product Development Engineer in the US?

Learn what a Product Development Engineer does, how to become one, and understand the job outlook. Get simple steps to start your career as a Product Development Engineer today.
Position
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Product Development Engineer
356 Job Openings