As of May 18, 2021, the average salary for a Mine Engineer IV in the United States is $129,370 per year, which breaks down to an hourly rate of $62.
However, a Mine Engineer IV's salary can vary significantly. Here’s a look at the typical salary range:
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A Mine 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 Mine 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 |
|---|---|---|
| Mine Engineer I | 0-2 years | $72,896 |
| Mine Engineer II | 2-4 years | $94,640 |
| Mine Engineer III | 4-7 years | $104,601 |
| Mine Engineer IV | 7+ years | $129,370 |
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 Mine Engineer IVs. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Planning | 17.65% |
| CAD | 1.96% |
| Geology | 1.96% |
Your level of education can impact your salary potential. While many Mine 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 Mine Engineer IV with a Bachelor's Degree is between $109,982 and $115,762).
Mine Engineer IV Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 58.8% |
| High School | 35.3% |
| Associates | 5.9% |
| Bachelors | 58.8% |
| Masters | 35.3% |
| Doctorate | 5.9% |
Understanding how a Mine 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, 2021Promotions are the fastest way to increase your earnings. As a Mine Engineer IV, 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 |
|---|---|---|
| Drilling Engineer V | $225,699 | 74% |
| Reservoir Engineer V | $264,321 | 104% |
Salaries for a Mine Engineer IV can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $155,354 in 2023 to around $138,664 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Mine Engineer IV salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
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| 2023 | $155,354 |
| 2024 | $145,078 |
| 2025 | $138,664 |
| 2026 |
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| 2027 |
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Compensation PlanningHere are companies hiring for Mine Engineer IV and their salaries, click below for more details.
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A Mine 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 Mine Engineer IV earns the most in San Jose, CA, where the annual salary of a Mine Engineer IV is $163,174.
The highest pay for Mine Engineer IV is $136,613.
The lowest pay for Mine Engineer IV is $106,878.
Prepares and inspects projects involving underground or surface mining. Responsible for planning and design of mine to ensure maximum stability. Oversees the construction of shafts and tunnel. Requires a bachelor's degree. Typically reports to a supervisor or manager. Typically requires 7+ years of related experience. A specialist on complex technical and business matters. Work is highly independent. May assume a team lead role for the work group.
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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