As of May 18, 2021, the average salary for a Materials Planner V in the United States is $145,270 per year, which breaks down to an hourly rate of $70.
However, a Materials Planner V's salary can vary significantly. Here’s a look at the typical salary range:
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A Materials Planner V'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.
Experience is a primary driver of a Materials Planner V'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 |
|---|---|---|
| Materials Planner III | 4-7 years | $86,993 |
| Materials Planner IV | 7+ years | $112,643 |
| Materials Planner V | 7-10 years | $145,270 |
| Materials Planning Supervisor | 10+ years | $86,458 |
| Materials Planning Senior Supervisor | 10+ years | $97,515 |
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 Materials Planner Vs. For example, consider the average annual salaries in these key locations:
Understanding how a Materials Planner V'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, 2021Promotions are the fastest way to increase your earnings. As a Materials Planner V, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Materials Planning Supervisor | $86,458 | -40% |
| Material Requirements Planning (MRP) Supervisor | $118,323 | -19% |
Salaries for a Materials Planner V can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $134,788 in 2023 to around $122,225 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Materials Planner V salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
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| 2023 | $134,788 |
| 2024 | $125,931 |
| 2025 | $122,225 |
| 2026 |
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| 2027 |
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A Materials Planner V'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 Materials Planner V earns the most in San Jose, CA, where the annual salary of a Materials Planner V is $183,229.
The highest pay for Materials Planner V is $159,822.
The lowest pay for Materials Planner V is $129,169.
Reviews sales forecasts, product specifications, and production schedules to accurately determine raw material requirements for an organization. Ensures raw materials are available to meet designated production schedules. Utilizes MRP system to coordinate materials from purchasing, processing, warehousing, and production. Documents material details, including all codes, brands, and contact information necessary to process orders. Updates orders to account for remaining inventory or changes in production schedules. Typically requires a bachelor's degree. Typically reports to a manager. Works autonomously. Goals are generally communicated in "solution" or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. Typically requires 10+ 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.)
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