As of April 01, 2025, the average annual salary for a Software Engineer V in Rio Rancho, NM is $159,023. Salary.com reports that pay typically ranges from $147,777 to $172,308, with most professionals earning between $137,537 and $184,403.
| 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 $154,491. With less than 2 years of experience, a mid-level Software Engineer V makes around $155,330. After 2-4 years, the Software Engineer V pay rises to about $155,666. Those senior Software Engineer V with 5-8 years of experience earn roughly $157,345, and those Software Engineer V having 8 years or more experience are expected to earn about $163,385 on average.
| Levels | Salary |
|---|---|
| Entry Level Software Engineer V | $154,491 |
| Intermediate Level Software Engineer V | $155,330 |
| Senior Level Software Engineer V | $155,666 |
| Specialist Level Software Engineer V | $157,345 |
| Expert Level Software Engineer V | $163,385 |
| Entry Level | 9% |
| Mid Level | 8% |
| Senior Level | 8% |
| Top Level | 7% |
| Experienced | 4% |
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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.
API: An application programming interface is a way for two or more computer programs to communicate with each other. It is a type of software interface, offering a service to other pieces of software.
Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
| Skill | Salary | Demand |
|---|---|---|
|
Relationship Management
|
$192,418 |
21%
|
|
Accountability
|
$168,565 |
6%
|
|
Innovation
|
$168,565 |
6%
|
|
Networking
|
$165,384 |
4%
|
|
Scrum
|
$165,384 |
4%
|
|
Initiative
|
$163,794 |
3%
|
