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Software Quality Assurance Engineer V Salary in Elgin, MN

How much does a Software Quality Assurance Engineer V make in Elgin, MN?

As of July 01, 2026, the average salary for a Software Quality Assurance Engineer V in Elgin, MN is $153,741 per year, which breaks down to an hourly rate of $74.

However, a Software Quality Assurance Engineer V's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $195,629
  • Majority Range (25th-75th percentile): $140,652 to $175,666
  • Entry-Level (10th percentile): $128,736
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View as table View as graph 25% $140,652 10% $128,736 90% $195,629 75% $175,666 $153,741 50%(Median) Didn’t find job title? Click

Software Quality Assurance Engineer V Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $175,666 $14,639 $3,378 $84
Average $153,741 $12,812 $2,957 $74
25th Percentile $140,652 $11,721 $2,705 $68
Check out Software Quality Assurance Engineer V Job Openings in Elgin, MN
Quality Assurance Engineer

REQ Solutions - Maple Grove, MN

Senior Quality Assurance Engineer

Nextern - Osseo, MN

Quality Assurance Engineer

KEB America - Shakopee, MN

Senior Design Assurance Quality Engineer

Anteris Technologies - Brooklyn Park, MN

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Key Factors That Influence Software Quality Assurance Engineer V Salaries

A Software Quality Assurance Engineer V's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.

How Experience Level Affects Software Quality Assurance Engineer Salaries?

Experience is a primary driver of a Software Quality Assurance Engineer V's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Software Quality Assurance Engineer III (4-7 years): $113,831
  • Software Quality Assurance Engineer IV (7+ years): $131,453
  • Software Quality Assurance Engineer V (7-10 years): $153,741
  • Software Quality Assurance Engineer VI (10-12 years): $176,628
  • Software Quality Assurance Supervisor (12+ years): $120,601
Job Role Years of Experience Average Salary
Software Quality Assurance Engineer III4-7 years$113,831
Software Quality Assurance Engineer IV7+ years$131,453
Software Quality Assurance Engineer V7-10 years$153,741
Software Quality Assurance Engineer VI10-12 years$176,628
Software Quality Assurance Supervisor12+ years$120,601
$113,831 Software ...
$131,453 Software ...
$153,741 Software ...
$176,628 Software ...
$120,601 Software ...
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What Am I Worth?

Top Paying Cities for Software Quality Assurance Engineer Vs

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $193,917
  • San Francisco: $191,794
  • Oakland: $187,752

Software Quality Assurance Engineer V Salary by Company Size: Startups vs. Enterprise

Software Quality Assurance Engineer V salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $171,958. While startup companies pay approximate $145,425.

Software Quality Assurance Engineer V Salary by Company Size

Company Size Employees Average Salary
Startup1~50$145,425
Growth Stage51~500$153,810
Established501~5000$166,058
Enterprise5000+$171,958

Software Quality Assurance Engineer V Salary by Industry: Top Paying Sectors

For Software Quality Assurance Engineer V roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Pharmaceuticals sectors offer the strongest compensation, at 20% above the average. In contrast, Software Quality Assurance Engineer positions in Telecom or Transportation typically offer lower base pay, as these industries often view Software Quality Assurance Engineer V as a support function rather than a direct revenue driver.

The top paying industries for a Software Quality Assurance Engineer V

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services$184,489$89.020%
Pharmaceuticals$179,877$86.017%
Internet$176,802$85.015%
Aerospace & Defense$172,190$83.012%
Energy & Utilities$169,115$81.010%

Software Quality Assurance Engineer V Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Software Quality Assurance Engineer V's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on July 01, 2026
$140,652
Average $153,741/year
$175,666
$11,721
Average $12,812/month
$14,639
$2,705
Average $2,957/week
$3,378
$68
Average $74/hour
$84
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $175,666 $14,639 $3,378 $84
Average $153,741 $12,812 $2,957 $74
25th Percentile $140,652 $11,721 $2,705 $68

Software Quality Assurance Engineer V Salary Growth & Career Path

Software Quality Assurance Engineer V
Software Quality Assurance Engineer VI
Software Quality Assurance Director

For a Software Quality Assurance Engineer V, the most direct path to higher earnings is advancing to the Software Quality Assurance Engineer VI role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $176,628 - a projected growth of 15% over your current level.

Salaries of jobs related to Software Quality Assurance Engineer V

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Cost of Living In Elgin, MN

Cost of Living in Elgin, MN is
12.5% Higher
than the National Average

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