As of February 01, 2025, the average annual salary for a Software Engineer V in Waterloo, IA is $167,512. Salary.com reports that pay typically ranges from $152,390 to $184,330, with most professionals earning between $138,622 and $199,641.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $198,417 | $16,535 | $3,816 | $95 |
| Average | $180,314 | $15,026 | $3,468 | $87 |
| 25th Percentile | $164,036 | $13,670 | $3,155 | $79 |
An entry-level Software Engineer V with under 1 year experience makes about $156,881. With less than 2 years of experience, a mid-level Software Engineer V makes around $157,956. After 2-4 years, the Software Engineer V pay rises to about $158,387. Those senior Software Engineer V with 5-8 years of experience earn roughly $160,539, and those Software Engineer V having 8 years or more experience are expected to earn about $167,959 on average.
| Levels | Salary |
|---|---|
| Entry Level Software Engineer V | $156,881 |
| Intermediate Level Software Engineer V | $157,956 |
| Senior Level Software Engineer V | $158,387 |
| Specialist Level Software Engineer V | $160,539 |
| Expert Level Software Engineer V | $167,959 |
| Entry Level | 13% |
| Mid Level | 12% |
| Senior Level | 12% |
| Top Level | 11% |
| Experienced | 7% |
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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
|
$202,689 |
21%
|
|
Accountability
|
$177,563 |
6%
|
|
Innovation
|
$177,563 |
6%
|
|
Networking
|
$174,212 |
4%
|
|
Scrum
|
$174,212 |
4%
|
|
Initiative
|
$172,537 |
3%
|
