As of April 01, 2025, the average annual salary for a Software Engineer V in New Mexico is $157,157. Salary.com reports that pay typically ranges from $146,042 to $170,286, with most professionals earning between $135,923 and $182,239.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $183,854 | $15,321 | $3,536 | $88 |
| Average | $169,679 | $14,140 | $3,263 | $82 |
| 25th Percentile | $157,679 | $13,140 | $3,032 | $76 |
An entry-level Software Engineer V with under 1 year experience makes about $152,678. With less than 2 years of experience, a mid-level Software Engineer V makes around $153,507. After 2-4 years, the Software Engineer V pay rises to about $153,839. Those senior Software Engineer V with 5-8 years of experience earn roughly $155,498, and those Software Engineer V having 8 years or more experience are expected to earn about $161,468 on average.
| Levels | Salary |
|---|---|
| Entry Level Software Engineer V | $152,678 |
| Intermediate Level Software Engineer V | $153,507 |
| Senior Level Software Engineer V | $153,839 |
| Specialist Level Software Engineer V | $155,498 |
| Expert Level Software Engineer V | $161,468 |
| Entry Level | 10% |
| Mid Level | 10% |
| Senior Level | 9% |
| Top Level | 8% |
| Experienced | 5% |
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Software Engineer V salary varies from city to city. Compared with national average salary of Software Engineer V, the highest Software Engineer V salary is in San Francisco, CA, where the Software Engineer V salary is 24.9% above. The lowest Software Engineer V salary is in Miami, FL, where the Software Engineer V salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $211,912 |
24.9%
|
| Washington, DC | $187,869 |
10.7%
|
| Miami, FL | $163,028 |
|
| Chicago, IL | $175,346 |
3.3%
|
| Boston, MA | $189,243 |
11.5%
|
| New York, NY | $196,641 |
15.9%
|
