As of May 18, 2021, the average salary for a Product Design Engineer IV in the United States is $136,701 per year, which breaks down to an hourly rate of $66.
However, a Product Design Engineer IV's salary can vary significantly. Here’s a look at the typical salary range:
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A Product Design Engineer IV'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, education and company size can directly affect your earning potential.
Experience is a primary driver of a Product Design Engineer IV'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:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Product Design Engineer II | 2-4 years | $89,588 |
| Product Design Engineer III | 4-7 years | $111,948 |
| Product Design Engineer IV | 7+ years | $136,701 |
| Product Design Engineer V | 7-10 years | $160,192 |
| Product Design Manager | 10+ years | $146,602 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Product Design Engineer IVs. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 8.25% |
| Manufacturing Processes | 2.06% |
| Casting | 1.03% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Prototyping
|
$144,903 |
6%
|
|
Product Development
|
$142,169 |
4%
|
|
Product Design
|
$140,802 |
3%
|
|
Collaboration
|
$140,802 |
3%
|
|
Initiative
|
$140,802 |
3%
|
|
Innovation
|
$139,435 |
2%
|
Your level of education can impact your salary potential. While many Product Design Engineer IVs enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Product Design Engineer IV with a Bachelor's Degree is between $136,049 and $143,102).
Product Design Engineer IV Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 0.7% |
| High School | 3.7% |
| Associates | 8.2% |
| Bachelors | 41.6% |
| Masters | 36.2% |
| Doctorate | 9.6% |
Understanding how a Product Design Engineer IV'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.
Last Updated on May 18, 2021For a Product Design Engineer IV, the most direct path to higher earnings is advancing to the Product Design Engineer V role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $160,192 - a projected growth of 17% over your current level.
Salaries for a Product Design Engineer IV can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $139,278 in 2023 to around $138,680 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Product Design Engineer IV salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $139,278 |
| 2024 | $140,490 |
| 2025 | $138,680 |
| 2026 |
View More
|
| 2027 |
View More
|
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A Product Design Engineer IV's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Product Design Engineer IV earns the most in San Jose, CA, where the annual salary of a Product Design Engineer IV is $172,421.
The highest pay for Product Design Engineer IV is $158,920.
The lowest pay for Product Design Engineer IV is $112,555.
Designs, develops, and enhances new and existing products/product lines. Evaluates and recommends specifications and ensures products meet the technical and functional requirements. Recommends and follows reliable, efficient, and cost-effective procedures. Performs feasibility, functional, and quality testing of designs. Works with other members of the engineering staff to ensure project milestones are met and that projects are completed according to established timelines. Requires a bachelor's degree or equivalent. Typically reports to a manager or head of a unit/department. Work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Typically requires 7+ years of related experience.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
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