How much does a Tool Design Engineer III make in Lowell, MA? The average Tool Design Engineer III salary in Lowell, MA is $120,001 as of April 24, 2024, but the range typically falls between $105,132 and $132,017. 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 $91,593 Lowell,MA April 24, 2024
25th Percentile Tool Design Engineer III Salary $105,132 Lowell,MA April 24, 2024
50th Percentile Tool Design Engineer III Salary $120,001 Lowell,MA April 24, 2024
75th Percentile Tool Design Engineer III Salary $132,017 Lowell,MA April 24, 2024
90th Percentile Tool Design Engineer III Salary $142,957 Lowell,MA April 24, 2024
25% $105,132 10% $91,593 90% $142,957 75% $132,017 $120,001 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 Lowell, MA
  • What We're Looking For. At HNTB, you can create a career that is meaningful to you while building communities that matter to all of us. For more than a cen...
    - 1 Day Ago
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  • Job Title. Research Engineer III. Agency. Texas A&M University System Offices. Department. Bush Combat Development Complex. Proposed Minimum Salary. Commen...
    - 9 Days Ago
  • Job ID: J-00287743. Introduction. ASML US, including its affiliates and subsidiaries, bring together the most creative minds in science and technology to d...
    - 6 Months Ago
  • At CN, everyday brings new and exciting challenges. You can expect an interesting environment where you’re part of making sure our business is running opti...
    - 2 Months Ago

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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Average Base Salary

Core compensation

 
 
 
105132
132017
120001

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
108634
138452
123301
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 Lowell, MA. The base salary for Tool Design Engineer III ranges from $105,132 to $132,017 with the average base salary of $120,001. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $108,634 to $138,452 with the average total cash compensation of $123,301.
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105132
132017

 

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About Lowell, Massachusetts    Lowell is a city in the U.S. Commonwealth of Massachusetts. Located in Middlesex County, Lowell (along with Cambridge) was a county seat until Massach....More

Lowell, Massachusetts  area prices were up 1.6% from a year ago    View the Cost of Living in Lowell, Massachusetts

Tool Design Engineer III Salary in popular cities: BostonWorcesterSpringfield

Skills associated with Tool Design Engineer III: 3D Modeling, Statistical Process Control, Rapid Prototyping, Process Integration ...More

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