Annual salaries range from £23,712 to £51,480. Below is the full range of pay both before and after tax:
| Lowest | Average | Upper | |
|---|---|---|---|
| Pre-tax | £23,712 (£1,976 p/mth) |
£30,564 (£2,547 p/mth) |
£51,480 (£4,290 p/mth) |
| Pre-tax Income Percentile | 50th | 66th | 89th |
| Post-tax | £19,656 (£1,638 p/mth) |
£24,312 (£2,026 p/mth) |
£38,400 (£3,200 p/mth) |
| Post-tax Income Percentile | 43rd | 59th | 84th |
| Percentage Tax Deduction | 17% | 20% | 25% |
Product engineers design and create products for the consumer sector or various industries, analyze markets and competing products to determine customer needs. Product engineers should be familiar with all parts of the product development cycle and with all new technological advances.
Compare the average salary of a product engineer to your salary:
Below are the range of mortgages typically affordable for a single applicant product engineer:
| Lowest | Average | Upper | |
|---|---|---|---|
| average gross salary | £23,711 | £30,559 | £51,485 |
| max mortgage | £106,700 | £137,516 | £231,683 |
| deposit paid | £11,856 | £15,280 | £25,743 |
| max purchase price | £118,556 | £152,796 | £257,426 |
| mortgage repayment p.mth (2.5%|25yr) | £484 | £624 | £1,051 |