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Product development engineer salary in New York, NY (Updated 2026)

How much does a Product Development Engineer make in New York, NY?

Average base salary

$87,787
16%
below national average
Average $87,787
Low $45,361
High $169,891

The average salary for a product development engineer is $87,787 per year in New York, NY and $6,000 cash bonus per year.21 salaries taken from job postings on Indeed in the past 36 months (updated July 5, 2026).

Product Development Engineer job openings in New York, NY

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CVP, Institutional Life Produc...
New York Life3.6out of 5 stars.
New York, NY
$135,000 - $170,000 a year
4 weeks ago

Highest paying companies for Product Development Engineer in New York, NY

Average year pay is based on job postings on Indeed in the past 36 months.
Instinet
 
$240,000per year
View company
BlackRock
 
$226,720per year
View company
Horizontal
 
$202,800per year
View company
Allianz
 
$181,667per year
View company
Citi
 
$162,300per year
View company
S&P Global
 
$140,800per year
View company

Highest paying cities for Product Development Engineers near New York, NY

  1. Albany, NY
    $141,620 per year
  2. Glens Falls, NY
    $129,133 per year
  3. Endicott, NY
    $125,076 per year
  4. Rochester, NY
    $107,256 per year
  5. Long Island City, NY
    $92,714 per year

Where can a Product Development Engineer earn more?

Compare salaries for Product Development Engineers in different locations
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How much do similar professions as Product Development Engineer get paid in New York, NY?

Junior Product Development Engineer

Job openings
Average $74,733 per year

Product Development Engineer II

Job openings
Average $63,216 per year

Senior Product Development Engineer

Job openings
Average $109,302 per year