Know your market value with insights across roles — from individual contributors to executive pay and overall company compensation trends.
Access a suite of powerful calculators to make data-driven career decisions.
Automate pay cycles, manage job architectures, and ensure pay equity with AI-powered compensation platforms.
Access validated salary benchmarks, labor market trends, and minimum wage data to stay competitive.
Participate in and purchase industry-specific salary surveys to obtain the most accurate, peer-reported pay data.
As of August 01, 2026, the average salary for a Quantitative Software Engineer in Tennessee is $106,026 per year, which breaks down to an hourly rate of $51.
However, a Quantitative Software Engineer's salary can vary significantly. Here’s a look at the typical salary range:
Compensation Planning
Develop a Job Description
Pay Equity
2026 Compensation Trend
Smart Recruiting
AI-Powered HR
Quantitative Software Engineer Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $115,391 | $9,616 | $2,219 | $55 |
| Average | $106,026 | $8,835 | $2,039 | $51 |
| 25th Percentile | $96,365 | $8,030 | $1,853 | $46 |
MI Softech - Collierville, TN
Telgorithm - Memphis, TN
BNH - 37389, TN
Dollar General - Goodlettsville, TN
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.
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:
| Levels | Salary |
|---|---|
| Entry Level Quantitative Software Engineer | $103,342 |
| Intermediate Level Quantitative Software Engineer | $103,745 |
| Senior Level Quantitative Software Engineer | $105,086 |
| Specialist Level Quantitative Software Engineer | $106,697 |
| Expert Level Quantitative Software Engineer | $109,245 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Quantitative Software Engineers. For example, consider the average annual salaries in these key locations:
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:
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.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Insurance | $127,231 | $61.0 | 20% |
| Healthcare | $111,327 | $54.0 | 5% |
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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $115,391 | $9,616 | $2,219 | $55 |
| Average | $106,026 | $8,835 | $2,039 | $51 |
| 25th Percentile | $96,365 | $8,030 | $1,853 | $46 |
Ready to take the next step in your career? Browse thousands of current Quantitative Software Engineer job openings on our job board. Use the search bar below to find your perfect match.
ITR
Oak Ridge, TN
ITR | Oak Ridge, TN
Job Description. Job Description. Fully remote opportunity. Must be eligible for a federal security clearance (U.S. Citizenship is required). Kubernetes. P... more
7 Days Ago
ITR
Oak Ridge, TN
ITR | Oak Ridge, TN
Job Description. Job Description. Mid -level (2-5 years). Must be eligible for a security clearance (US Citizen). Must be able to work 100% onsite in Oak R... more
7 Days Ago
Dollar General
Goodlettsville, TN
Dollar General | Goodlettsville, TN
Dollar General is seeking a Lead Software Engineer for our Information Technology (IT) & Digital Solutions team in the retail industry. You will lead a sma... more
7 Days Ago
BLR | Leadership Platforms | CCMI
Brentwood, TN
BLR | Leadership Platforms | CCMI | Brentwood, TN
Job Description. Job Description. At the heart of our company is our people. People from many different backgrounds with different vantage points, opinion... more
8 Days Ago
TheIncLab
Nashville, TN
TheIncLab | Nashville, TN
Job Description. Job Description. The Mission Starts Here. TheIncLab engineers and delivers intelligent digital applications and platforms that revolutioni... more
4 Days Ago
Dollar General
Goodlettsville, TN
Dollar General | Goodlettsville, TN
Work Where You Matter At Dollar General, our mission is Serving Others. We value each and every one of our employees. Whether you are looking to launch a n... more
4 Days Ago
Get a Salary Increase
Analyze the market and your qualifications to negotiate your salary with confidence.
Search Job Openings
Search thousands of open positions to find your next opportunity.
Adjust Employee Salary
Individualize employee pay based on unique job requirements and personal qualifications.
Price My Industry Jobs
Get the latest market price for benchmark jobs and jobs in your industry.
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.
Explore Cost of Living CalculatorSalary.com experts will help you thrive your workplaces.
Salary.com provides salary survey data for thousands of industry Jobs.
Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Salary.com's CompAnalyst platform offers:
