Quantitative Software Engineer Salary in the United States

How much does a Quantitative Software Engineer make in the United States?

As of September 01, 2026, the average salary for a Quantitative Software Engineer in the United States is $113,467 per year, which breaks down to an hourly rate of $55.

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

  • Top Earners (90th percentile): $132,615
  • Majority Range (25th-75th percentile): $103,123 to $123,490
  • Entry-Level (10th percentile): $93,705

Key Factors That Influence Quantitative Software Engineer Salaries

A Quantitative Software Engineer'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 Quantitative Software Engineer Salaries?

Experience is a primary driver of a Quantitative Software Engineer'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:

  • Entry-Level (less than 1 year): $110,593
  • Early Career (1-2 years): $111,024
  • Mid-Level (2-4 years): $112,461
  • Senior-Level (5-8 years): $114,185
  • Expert (over 8 years): $116,912
Levels Salary
Entry Level Quantitative Software Engineer$110,593
Intermediate Level Quantitative Software Engineer$111,024
Senior Level Quantitative Software Engineer$112,461
Specialist Level Quantitative Software Engineer$114,185
Expert Level Quantitative Software Engineer$116,912

Top Paying Cities for Quantitative Software Engineers

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: $143,116
  • San Francisco: $141,549
  • Oakland: $138,566

What Skills Can Increase a Quantitative Software Engineer's Salary?

Demanded Skills for the Role:

  • Confidentiality (Mentioned in 9.82% Job Postings): The process of and obligation to apply and enforce rules and practices that ensure that specific types of information are accessible only to those authorized to use it.
  • Phlebotomy (Mentioned in 5.95% Job Postings): Phlebotomy is the process of making a puncture in a vein, usually in the arm, with a cannula for the purpose of drawing blood.
  • Payroll Processing (Mentioned in 5.06% Job Postings): Compensating employees for their work at the end of a payroll period to ensure timely and accurate payment to employees.
Skills Demand Percentage
Confidentiality 9.82%
Phlebotomy 5.95%
Payroll Processing 5.06%

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Quantitative Software Engineer's salary.

  • Initiative: Can increase your salary by up to 10%.
  • Business Administration: Can increase your salary by up to 9%.
  • Economics: Can increase your salary by up to 8%.
Skill Salary Salary % Increase
Initiative $124,814
10%
Business Administration $123,679
9%
Economics $122,544
8%

Quantitative Software Engineer Salary by Industry: Top Paying Sectors

For Quantitative Software Engineer roles, the industry you choose can impact your earning potential by as much as 45% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Insurance, offers compensation 20% above the average. Conversely, Quantitative Software Engineer positions in Edu., Gov't. & Nonprofit typically offer lower base pay, as this sector often view Quantitative Software Engineer as a support function rather than a direct revenue driver.

The top paying industries for a Quantitative Software Engineer

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Insurance$136,160$65.020%
Healthcare$119,140$57.05%

Quantitative Software Engineer Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Quantitative Software Engineer'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.

Last Updated on September 01, 2026
$103,123
Average $113,467/year
$123,490
$8,594
Average $9,456/month
$10,291
$1,983
Average $2,182/week
$2,375
$50
Average $55/hour
$59
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $123,490 $10,291 $2,375 $59
Average $113,467 $9,456 $2,182 $55
25th Percentile $103,123 $8,594 $1,983 $50

Most common benefits for Quantitative Software Engineer

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Quantitative Software Engineer

Here are companies hiring for Quantitative Software Engineer and their salaries, click below for more details.

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FAQ about Quantitative Software Engineer

1. What industry pays the highest salary for Quantitative Software Engineer?

The Insurance industry offers the highest average compensation for Quantitative Software Engineer roles, with salaries approximately 20% above the market median.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

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