How much does a Tool Design Engineer III make in Milwaukee, WI? The average Tool Design Engineer III salary in Milwaukee, WI is $109,062 as of March 26, 2024, but the range typically falls between $95,549 and $119,980. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Tool Design Engineer III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Tool Design Engineer III Salary $83,246 Milwaukee,WI March 26, 2024
25th Percentile Tool Design Engineer III Salary $95,549 Milwaukee,WI March 26, 2024
50th Percentile Tool Design Engineer III Salary $109,062 Milwaukee,WI March 26, 2024
75th Percentile Tool Design Engineer III Salary $119,980 Milwaukee,WI March 26, 2024
90th Percentile Tool Design Engineer III Salary $129,921 Milwaukee,WI March 26, 2024
25% $95,549 10% $83,246 90% $129,921 75% $119,980 $109,062 50%(Median) Didn’t find job title? Click
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What skills does a Tool Design Engineer III need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

RFI: A RFI (request for information) is a common business process whose purpose is to collect written information about the capabilities of various suppliers.

3.

RFP: A request for proposal (RFP) is a business document that announces a project, describes it, and solicits bids from qualified contractors to complete it.

Analysis 7.09%
RFI 2.87%
RFP 2.3%
Others 87.74%

Job Description for Tool Design Engineer III

Tool Design Engineer III designs and develops tools and machinery used to facilitate and optimize manufacturing processes. Reviews product design and build requirements to determine tooling concepts, design options, testing plans, and specifications. Being a Tool Design Engineer III develops designs for fixtures, jigs, gauges, cutting and forming tools, carts, racks, and other items to support production. Utilizes Computer-Aided Design (CAD) to create accurate, complete, and concise design models and documentation to fabricate tools. Additionally, Tool Design Engineer III estimates costs, resource requirements, and materials required for tools. May manage the sourcing, quoting, or procurement of purchased tools. Typically requires a bachelor's degree or equivalent. Typically reports to a supervisor or manager. The Tool Design Engineer III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Tool Design Engineer III typically requires 4 -7 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Tool Design Engineer III in Milwaukee, WI

Career Path for Tool Design Engineer III

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Tool Design Engineer III, the upper level is Tool Design Engineer IV and then progresses to Tool Design Engineer V.

Those that have already made the climb...
Glyn A. Rodgers, President-Matrix PDM Engineering
Matrix Service Company provides engineering, fabrication, construction, and maintenance services to support critical energy infrastructure and industrial markets in the United States, Canada, and internationally. It operates through three segments: Utility and Power Infrastructure; Process and Industrial Facilities; an... More
Fiscal Year Ended in 2023
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Tool Design Engineer III salary varies from city to city. Compared with national average salary of Tool Design Engineer III, the highest Tool Design Engineer III salary is in San Francisco, CA, where the Tool Design Engineer III salary is 25.0% above. The lowest Tool Design Engineer III salary is in Miami, FL, where the Tool Design Engineer III salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

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Understand the total compensation opportunity for a Tool Design Engineer III, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
95549
119980
109062

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
98730
125830
112063
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Tool Design Engineer III in Milwaukee, WI. The base salary for Tool Design Engineer III ranges from $95,549 to $119,980 with the average base salary of $109,062. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $98,730 to $125,830 with the average total cash compensation of $112,063.
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95549
119980

 

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About Milwaukee, Wisconsin    Milwaukee lies along the shores and bluffs of Lake Michigan at the confluence of three rivers: the Menomonee, the Kinnickinnic, and the Milwaukee. Sma....More

Milwaukee, Wisconsin  area prices were up 1.8% from a year ago    View the Cost of Living in Milwaukee, Wisconsin

Tool Design Engineer III Salary in popular cities: MadisonGreen BayKenosha

Skills associated with Tool Design Engineer III: Design Review, Workload Analysis, Workflow Optimization, Failure Analysis ...More

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