The salary trajectory of a Tool Design Engineer ranges between locations and employers. The salary starts at $110,310 per year (estimate) and goes up to $243,682 per year (estimate) for the highest level of seniority.
The estimated average salary for a Tool Design Engineer at E.R. Wagner is $127,269 per year or $61 per hour, but some professionals have reported earning up to roughly $181,100 per year (90th percentile). The typical pay range is between $106,799 (25th percentile) and $153,505 (75th percentile) annually. This is based on 1 salaries submitted by E.R. Wagner Tool Design Engineer professionals on Glassdoor, as of Jun 2026.
Tool Design Engineer professionals typically earn between $51 and $74 per hour.
Tool Design Engineer professionals typically earn between $8,900 and $12,792 monthly.