EDA Engineer Salary

Average EDA Engineer Base Salary in the United States

Average Base Salary

$112,427 Per Year

Salary Range: $71,613 to $160,669

EDA Engineer Salary

$71,613

10%

$79,381

25% 

$ 112,427

AVERAGE

$128,038

75%  

$160,669

90%  

How Much Does an EDA Engineer Make Per Year in the United States?

The national average salary for an  EDA Engineer is $112,427 per year in the United States. It can vary depending on the employer and the skills required for that position, but generally, it will be about $112,427 or more annually for a gross salary. Taxes impact salaries, so to get the net salary we’ve crunched the data and gotten the tax information on what the take-home pay would be after the effective income tax rates. 

Technology Used

Microsoft Excel – Spreadsheet software

Microsoft PowerPoint – Presentation software

Autodesk AutoCAD – Computer aided design CAD software

Structured query language SQL – Data base user interface and query software

The MathWorks MATLAB – Analytical or scientific software

Linux – Operating system software

Python – Object or component oriented development software

ESRI ArcGIS software – Geographic information system

Knowledge and Expertise

Engineering and Technology

Computers and Electronics

Mathematics

Design

Physics

Production and Processing

Soft Skills

Reading Comprehension

Critical Thinking

Complex Problem Solving

Writing

Speaking

Systems Analysis

What is the salary range of an EDA Engineer?

EDA Engineer salaries vary depending on the company you work for, your experience level, industry, education, and years of experience. The average annual salary is around $112,427 but an EDA Engineer can earn a base salary anywhere from $71,613 to $160,669 per year with some companies paying more than others.

Pay ranges on average for an EDA Engineer job title only vary a good amount, which may mean that there are many opportunities to earn more income in the future regardless of the employers or your location, industry, and experience.

A salary range that varies also means there is ability to move up within the company, as there may be as many opportunities for advancement or to change your job title. This opportunity for  advancement can help with can increase their job satisfaction and motivation.

What are the Highest Salaries for an EDA Engineer?

The highest EDA Engineer salaries in the top 10% earn more than $160,669 per year. The salary range for the top 75% – 90% is between and $128,038 and $160,669 annually.

This salary data and salary estimates come from our Average Pay’s salary database of carefully collected and detailed information about pay across many industries and categories, along with different types of labor data.

What are the Lowest Salaries for an EDA Engineer?

The lowest EDA Engineer salaries are in the bottom 10% of earners who make less than $71,613 per year. The salary range for the lowest 10% – 25% is between $71,613 and $79,381 annually.   

This salary data and salary estimates come from our Average Pay’s salary database of carefully collected and detailed information about pay across many industries and categories, along with different types of labor data.

What is a Good Salary for an EDA Engineer?

If we only look at the data for EDA Engineer salaries and we don’t compare it to any other jobs, a good salary for an EDA Engineer job would be over $112,427 per year. This is the average salary for this position in the United States. An excellent pay for an EDA Engineer would be anything over the top 75%, which is $128,038 annually.

How Can I Increase My Salary as an EDA Engineer?

There are a few ways you can increase your average salary for a profession as an EDA Engineer. One way is to get promoted to a higher level and take on more duties within your employer. Another way is to gain more experience and skills in your career. You can also try negotiating higher compensation next performance review, when you are up for renewal or starting a new contract with a business.

Finally, you can look for a new job at a different employer that pays more. One thing not to overlook is companies often give their employees incentives and benefits outside of salaries. The total compensation, like healthcare, paid vacation days, 401k matches, bonuses, overtime, professional development, a career path in the company, and other benefits, need to be considered, which can add up to a lot more money than just a salary increase.

What are the Top Paying Industries for an EDA Engineer?

The top paying industries for an EDA Engineer job vary depending on the position’s specific responsibilities, employers, and qualifications. However, some common reported high-paying industries for include the following:

  • Professional, Scientific, and Technical Services
  • Telecommunications
  • Federal, State, and Local Government
  • Manufacturing
  • Information
  • Finance and Insurance

Does an EDA Engineer Have a Good Quality of Life?

Based on an average 2-bedroom apartment rental price, an EDA Engineer would pay 15.63% of their monthly take-home pay towards rent. That’s $1,310 per month or $15,720 yearly for a two-bedroom apartment.

The rent is less than 30% of the monthly take-home pay for an EDA Engineer, which can helps lessen a financial burden and impact their quality of life.

This is because a high rent-to-income ratio would leave less money each month for other expenses, such as food, transportation, recreation, and activities. It can lead to financial stress, impacting overall job satisfaction and motivation.

Considering the cost of living in a city when considering whether to accept a job offer is essential. If the cost of living is too high, it might not be worth it, even if the salary is good.

Does an EDA Engineer make good money?

 In general, an EDA Engineer can make a good salary. The national average salary is $52,632 annually which is less than the average EDA Engineer salary, meaning most earn a livable wage. According to data and labor statistics from the Bureau of Labor Statistics, the average EDA Engineer pay is above the median salary.

However, salaries can vary depending on the company you work for, what you are responsible for, education, college degree, work experience, job market, and your experience level. The highest-paid can earn upwards of 160,669 per year, while the lowest-paid income is less than 71,613 annually.

If you want to maximize your earnings as a EDA Engineer, take on more responsibility, and gain more experience in related skills. Also, build interpersonal skills and strong leadership skills, get a certification in your field and then negotiate for a higher salary next performance review, when you are up for renewal or starting a new contract with a business.

The best thing you can do is develop yourself and gain knowledge. Many courses, additional training, and professional development opportunities in your area can help increase your skills and development in your job or related field.

You can also get your resume reviewed and look for a new employer that will hire and pay more or look for a career change that is hiring and may interest you more.

Salaries are also relative to the cost of living in different parts of the country. For example, the compensation for a EDA Engineer will need to be higher if it is in or closer to larger cities like New York City or some states like California. The increase in pay in these areas is because of the higher than average cost of living and more interested applicants for employment versus someone living in a small town. With the cost of housing increasing and medical care premium costs, it is essential to ensure you are getting paid what you are worth.

How do I know I’m being paid fairly as an EDA Engineer?

The easiest way is to see how close your current salary is to the average pay for your position in your state and city. If your income is below the estimated average wage in your area, you can try to negotiate for a raise.

You can use our research and tools to discover the average salary for an EDA Engineer in your city or region to see if you are being compensated fairly. You may also compare your income to similar jobs and careers to determine whether you are underpaid or overpaid. Lastly, you can set up job alerts to see how the job market trends.

A few other ways you can research whether you’re being paid fairly as an EDA Engineer is to do a job search to look at job postings for similar positions and see the estimate for the listed salary range. You can also talk to people in your network who have similar jobs and ask them what they earn. Finally, you can try negotiating a higher pay when you are up for renewal, having a performance evaluation, or starting a new contract.

What Factors Determine the Salary of an EDA Engineer?

The money an EDA Engineer can make each year greatly depends on a few components that determine an average base salary.

The company you work for is one of the main factors that affect how much an EDA Engineer earns.

The compensation will also depend on the location, as some states and cities have a higher cost of living than others. Other factors that affect compensation are the number of hours worked, company size, job type, level of experience in your career, and location.