Product Development Engineer Salary Information

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Product Development Engineer salary information, income percentile, mortgage affordability and more.

How much does a product development engineer earn?

Annual salaries range from £22,416 to £40,788. Below is the full range of pay both before and after tax:

LowestAverageUpper
Pre-tax £22,416
(£1,868 p/mth)
£30,636
(£2,553 p/mth)
£40,788
(£3,399 p/mth)
Pre-tax Income Percentile 46th 66th 80th
Post-tax £18,780
(£1,565 p/mth)
£24,372
(£2,031 p/mth)
£31,272
(£2,606 p/mth)
Post-tax Income Percentile 40th 59th 74th
Percentage Tax Deduction 16% 20% 23%

Product development engineers are responsible for managing design, prototyping, and product development testing. These engineers assess the mechanical design features of the product and determine if the product meets the desired standards and functions.

Compare the average salary of a product development engineer to your salary:

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Below are the range of mortgages typically affordable for a single applicant product development engineer:

LowestAverageUpper
average gross salary£22,416£30,638£40,791
max mortgage£100,872£137,871£183,560
deposit paid£11,208£15,319£20,396
max purchase price£112,080£153,190£203,956
mortgage repayment p.mth (2.5%|25yr)£458£625£833

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