What is the hourly rate of a Software Engineer?
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
| 75th Percentile |
$112,203 |
$9,350 |
$2,158 |
$54 |
| Average |
$100,807 |
$8,401 |
$1,939 |
$48 |
| 25th Percentile |
$91,534 |
$7,628 |
$1,760 |
$44 |
Use our Salary Calculator to explore typical earnings for a Software Engineer, including an hourly rate of $48, weekly pay of $1,939, monthly pay of $8,401, and an annual salary of $100,807.
Based on Salary IQ data from real job postings, this tool helps you convert a salary between its hourly, weekly, biweekly, monthly, and annually.
What is the pay difference between an Entry Software Engineer and an Expert Software Engineer?
Experience and job level are key drivers of a Software Engineer's salary.
Entry Software Engineers earn around $97,762, while Intermediate Software Engineers make $98,039.
Senior Software Engineers see salaries rise to $101,657, and Expert Software Engineers can earn up to $106,760.
These numbers show a clear trend: as experience grows, so does earning potential. This reflects the IT industry's strong value placed on experience level.
| Levels |
Salary |
|
Entry Level Software Engineer
|
$97,762
|
|
Intermediate Level Software Engineer
|
$98,039
|
|
Senior Level Software Engineer
|
$101,657
|
|
Specialist Level Software Engineer
|
$106,420
|
|
Expert Level Software Engineer
|
$106,760
|
$97,762
0 yr
$98,039
< 2 yrs
$101,657
2-4 yrs
$106,420
5-8 yrs
$106,760
> 8 yrs
|
Entry Level
|
3%
|
|
Mid Level
|
3%
|
|
Senior Level
|
1%
|
|
Top Level
|
6%
|
|
Experienced
|
6%
|
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What is the salary trend for Software Engineer?
As we look ahead to 2025, the salary trend for Software Engineers in the US is projected to show a steady increase. The average salary is expected to reach around $120,000, with a median rate of approximately $115,000. This reflects a salary increase percentage of about 5-7% annually, driven by high demand for tech talent and evolving industry needs. Companies are increasingly offering competitive packages to attract skilled professionals, making software engineering a lucrative career choice in the coming years.
Which skills can increase the salary of a Software Engineer?
Skills that can significantly increase a Software Engineer's salary include Cloud Computing (25% increase, average salary $26,048), Machine Learning (30%, $31,258), and Data Analysis (22%, $22,923). These skills are in high demand due to the growing reliance on technology and data-driven decision-making in businesses. The median salary for these roles reflects their complexity and the expertise required, leading to higher compensation. By acquiring these in-demand skills, Software Engineers can enhance their career prospects and achieve substantial salary increases, making them more competitive in the job market.
Average Software Engineer Salary by Company Size
Company size significantly impacts the salary of a Software Engineer. Typically, larger companies with over 10,000 employees offer salaries ranging from $100,000 to $160,000, with a median salary around $130,000. In contrast, smaller firms with fewer than 50 employees may offer salaries between $70,000 and $110,000, with a median of $90,000.
Top companies for Software Engineers include Google, Facebook, and Amazon. Google offers a salary range of $120,000 to $200,000, with a median salary of around $150,000. Facebook's range is $110,000 to $190,000, with a median of $145,000. Amazon pays between $100,000 and $180,000, with a median of $130,000. These companies pay higher due to their competitive nature, innovative projects, and the demand for top tech talent.
Does education make a difference in salary for a Software Engineer?
Education significantly impacts Software Engineer salaries. Those with an Associate's Degree earn an average of $91,169, while High School Diploma holders make around $78,145. Interestingly, individuals without a degree can earn even more, averaging $104,193. This highlights the value of skills and experience in the tech industry.
| Educaton Level | Average Salary(Annual) |
| Associate's Degree | 91,169.14 |
| High School Diploma or Technical Certificate | 78,144.97 |
| I have not earned a degree | 104,193.30 |