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$97,305

Average Base Salary

$47/hr

Average Hourly Rate

$3,435

Average Bonus
The average tool design engineer salary in Colorado, United States is $97,305 or an equivalent hourly rate of $47. This is 1% higher (+$1,257) than the average tool design engineer salary in the United States. In addition, they earn an average bonus of $3,435. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Colorado, United States.
Salary by Experience

$73,648

Entry Level Salary

$121,857

Senior Level Salary
An entry level tool design engineer (1-3 years of experience) earns an average salary of $73,648. On the other end, a senior level tool design engineer (8+ years of experience) earns an average salary of $121,857.

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Job Description
Perform engineering duties in planning and designing tools, engines, machines, and other mechanically functioning equipment. Oversee installation, operation, maintenance, and repair of equipment such as centralized heat, gas, water, and steam systems.
Education

The chart below breaks down accounts by the highest level of education obtained.

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About the Data

The above data is a data available in ERI Economic Research Institute's Global Salary Calculator. The Global Salary Calculator provides compensation data for over 45,000 positions in 8,000+ cities in 69 countries. Try a free demo of the cloud-based Global Salary Calculator.

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