The salary trajectory of a Tool Design Engineer ranges between locations and employers. The salary starts at $110,452 per year (estimate) and goes up to $245,076 per year (estimate) for the highest level of seniority.
The estimated average salary for a Tool Design Engineer at E.R. Wagner is $127,461 per year or $61 per hour, but some professionals have reported earning up to roughly $181,345 per year (90th percentile). The typical pay range is between $106,970 (25th percentile) and $153,723 (75th percentile) annually. This is based on 1 salaries submitted by E.R. Wagner Tool Design Engineer professionals on Glassdoor, as of Jul 2026.
Tool Design Engineer professionals typically earn between $51 and $74 per hour.
Tool Design Engineer professionals typically earn between $8,914 and $12,810 monthly.