upper level job

Algorithm and Simulation Engineer III Salary in Minnesota

How much does an Algorithm and Simulation Engineer III make in Minnesota?

As of May 18, 2021, the average salary for an Algorithm and Simulation Engineer III in Minnesota is $121,380 per year, which breaks down to an hourly rate of $58.

However, an Algorithm and Simulation Engineer III's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $137,836
  • Majority Range (25th-75th percentile): $109,034 to $129,994
  • Entry-Level (10th percentile): $97,794
Compensation Planning
Develop a Job Description
Pay Equity
2025 Compensation Trend
AI Onboarding
AI-Powered HR
Salary Salary + Bonus Benefits
Paid Annually Paid Monthly Paid Semimonthly Paid Biweekly Paid Weekly Paid Hourly
View as table View as graph 25% $109,034 10% $97,794 90% $137,836 75% $129,994 $121,380 50%(Median) Didn’t find job title? Click

Algorithm and Simulation Engineer III Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $129,994 $10,833 $2,500 $62
Average $121,380 $10,115 $2,334 $58
25th Percentile $109,034 $9,086 $2,097 $52
Check out Algorithm and Simulation Engineer III Job Openings in Minnesota
R&amp Engineer III

Boston Scientific - Osseo, MN

Systems Engineer III

CNA - ARLINGTON, VA

Software Engineer III

Northwestern Mutual - MILWAUKEE, WI

Quantum Inspired Algorithm Research

JPMorganChase - NEW YORK, NY

Search More Algorithm and Simulation Engineer III Jobs in Minnesota
Select State
Select City in MN
Choose Similar Job
Choose Category
Cost of Living
Average Salary for United States
See it in Action

Key Factors That Influence Algorithm and Simulation Engineer III Salaries

An Algorithm and Simulation Engineer III's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Algorithm and Simulation Engineer Salaries?

Experience is a primary driver of an Algorithm and Simulation Engineer III's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Algorithm and Simulation Engineer I (0-2 years): $80,175
  • Algorithm and Simulation Engineer II (2-4 years): $95,937
  • Algorithm and Simulation Engineer III (4-7 years): $121,380
  • Algorithm and Simulation Engineer IV (7+ years): $147,883
  • Algorithm and Simulation Engineer V (7-10 years): $177,919
Job Role Years of Experience Average Salary
Algorithm and Simulation Engineer I0-2 years$80,175
Algorithm and Simulation Engineer II2-4 years$95,937
Algorithm and Simulation Engineer III4-7 years$121,380
Algorithm and Simulation Engineer IV7+ years$147,883
Algorithm and Simulation Engineer V7-10 years$177,919
$80,175 Algorithm...
$95,937 Algorithm...
$121,380 Algorithm...
$147,883 Algorithm...
$177,919 Algorithm...
View as Table
View as Graph

What Am I Worth?

Top Paying Cities for Algorithm and Simulation Engineer IIIs

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • Conger: $117,880
  • Courtland: $123,112
  • Darfur: $115,008

Algorithm and Simulation Engineer III Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Algorithm and Simulation Engineer III's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on May 18, 2021
$109,034
Average $121,380/year
$129,994
$9,086
Average $10,115/month
$10,833
$2,097
Average $2,334/week
$2,500
$52
Average $58/hour
$62
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $129,994 $10,833 $2,500 $62
Average $121,380 $10,115 $2,334 $58
25th Percentile $109,034 $9,086 $2,097 $52

Algorithm and Simulation Engineer III Salary Growth & Career Path

Algorithm and Simulation Engineer III
Algorithm and Simulation Engineer IV
Algorithm and Simulation Engineer V

For an Algorithm and Simulation Engineer III, the most direct path to higher earnings is advancing to the Algorithm and Simulation Engineer IV role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $147,883 - a projected growth of 22% over your current level.

Salaries of jobs related to Algorithm and Simulation Engineer III

Find Your Next Algorithm and Simulation Engineer III Job

Ready to take the next step in your career? Browse thousands of current Algorithm and Simulation Engineer III job openings on our job board. Use the search bar below to find your perfect match.

United States
For Employees

Get a Salary Increase

Analyze the market and your qualifications to negotiate your salary with confidence.

Search Job Openings

Search thousands of open positions to find your next opportunity.

For Employers

Adjust Employee Salary

Individualize employee pay based on unique job requirements and personal qualifications.

Price My Industry Jobs

Get the latest market price for benchmark jobs and jobs in your industry.

Cost of Living In Minnesota

Cost of Living in Minnesota is
2.3% Higher
than the National Average

Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

Explore Cost of Living Calculator
Empower Your Team

Salary.com experts will help you thrive your workplaces.

Find Salary.com Comp Consulting
See Salary Trends in 2025

Salary.com provides salary survey data for thousands of industry Jobs.

Price Your Company Jobs and Make Pay Fair

Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst
lower level job