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Hardware Engineer Salary and Equity in 2024
How much do Hardware Engineers expect to make at US-based startups? The average expected salary for Hardware Engineers in a startup is 108k per year, with a range from 55k to 212k. The salary range for Hardware Engineers varies depending on factors such as location, industry, experience, skills, and startup stage.
107.8k
Average Salary
3 years
Average years of experience
Salary
The average Hardware Engineer salary is $107,833, which is 6.3% higher than the average startup salary of $101,417. Hardware Engineer salaries are based on exclusive Wellfound data. All data is updated on a weekly basis. Factors that may influence salary include: location, years of experience, title, size of company, skill-set, and industry.
Top of market
$181,750/yr
Range $150k - $212k
Average
$107,833/yr
Range $80k - $135k
Below Average
$83,333/yr
Range $55k - $120k
Top Locations
The highest average salary a Hardware Engineer can get in San Francisco Bay Area, that is $130,000. This pay is 20.6% higher than the average Hardware Engineer salary in startups, which is $107,833. Salaries will vary based on your location. The top-paying markets in the US, on average, are currently: San Francisco Bay Area (avg $130,000 per year), Los Angeles (avg $119,000 per year), New York (avg $100,000 per year). Remote jobs often pay based on the location you reside in.
Industries
The highest average salary a Hardware Engineer can get in Computer Vision, that is $152,000. This pay is 18.6% higher than the average Hardware Engineer salary, which is $128,200. The highest-paying industries in 2023 are: Computer Vision (avg $152,000 per year), Aerospace (avg $130,000 per year), Internet (avg $130,000 per year).
Years of experience
Below Average
Average
Top of Market
The highest average salary a Hardware Engineer can get with 10+ years of experience, that is $100,000. This pay is 7.3% lower than the average Hardware Engineer salary, which is $107,833. The salary range varies with years of experience and depends on other factors such as skill set, size of company, and industry.
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