The salary trajectory of a Component Design Engineer ranges between locations and employers. The salary starts at $110,435 per year (estimate) and goes up to $244,914 per year (estimate) for the highest level of seniority.
The estimated average salary for a Component Design Engineer at Micron Technology is $156,336 per year or $75 per hour, but some professionals have reported earning up to roughly $251,250 per year (90th percentile). The typical pay range is between $122,939 (25th percentile) and $201,530 (75th percentile) annually. This is based on 8 salaries submitted by Micron Technology Component Design Engineer professionals on Glassdoor, as of Jul 2026.
Component Design Engineer professionals typically earn between $59 and $97 per hour.
Component Design Engineer professionals typically earn between $10,245 and $16,794 monthly.