As of April 01, 2025, the average annual salary for a Mechanical Engineer III in Chicago, IL is $111,415. According to Salary.com, salaries can range from a low of $95,633 to a high of $130,257, with most professionals earning between $103,154 and $121,278.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $121,278 | $10,106 | $2,332 | $58 |
| Average | $111,415 | $9,285 | $2,143 | $54 |
| 25th Percentile | $103,154 | $8,596 | $1,984 | $50 |
An entry-level Mechanical Engineer III with under 1 year experience makes about $107,716. With less than 2 years of experience, a mid-level Mechanical Engineer III makes around $108,333. After 2-4 years, the Mechanical Engineer III pay rises to about $109,566. Those senior Mechanical Engineer III with 5-8 years of experience earn roughly $114,359, and those Mechanical Engineer III having 8 years or more experience are expected to earn about $117,009 on average.
| Levels | Salary |
|---|---|
| Entry Level Mechanical Engineer III | $107,716 |
| Intermediate Level Mechanical Engineer III | $108,333 |
| Senior Level Mechanical Engineer III | $109,566 |
| Specialist Level Mechanical Engineer III | $114,359 |
| Expert Level Mechanical Engineer III | $117,009 |
| Entry Level | 0% |
| Mid Level | 0% |
| Senior Level | 2% |
| Top Level | 6% |
| Experienced | 9% |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Design Engineering: Creating a system, component, or process to develop new products and systems.
Product Development: Overseeing the creation of new products or improvement of the performance, cost, or quality of existing products to achieve business goals.
| Skill | Salary | Demand |
|---|---|---|
|
Prototyping
|
$115,872 |
4%
|
|
Computer Vision
|
$115,872 |
4%
|
|
Salesforce
|
$114,757 |
3%
|
|
Algorithms
|
$114,757 |
3%
|
|
Artificial Intelligence
|
$114,757 |
3%
|
|
Machine Learning
|
$114,757 |
3%
|
