- 1.Software Developers earn $146,869 median salary with 1.65 million employed—the largest and highest-paying developer occupation (BLS 2024)
- 2.Entry-level developers start at $79,080 (10th percentile); top 10% earn $200,000+ regardless of experience level
- 3.The junior-to-senior transition (years 2-5) delivers the largest percentage salary increase: 40-60% growth
- 4.Staff/Principal engineers at top tech companies earn $300,000-$500,000+ total compensation including equity (Levels.fyi)
- 5.25% projected job growth through 2033—adding 410,000+ new positions over the decade
Software Engineer Salary Overview: 6 Experience Levels
Software engineering remains one of the highest-paying and most in-demand careers in technology. According to the Bureau of Labor Statistics, Software Developers (SOC 15-1252) earn a median annual wage of $146,869—significantly higher than the median for all occupations ($48,060).
However, that median represents the full experience spectrum. Understanding how salaries progress from entry-level through staff engineer is essential for career planning and negotiation. The data shows a clear ladder with predictable jumps at each level.
Software Engineer Salary by Experience Level
| Level | Experience | Base Salary Range | Total Comp (Big Tech) | Typical Title |
|---|---|---|---|---|
| Entry-Level | 0-2 years | $70,000 - $95,000 | $80,000 - $150,000 | Software Engineer I, Junior Developer |
| Mid-Level | 2-5 years | $95,000 - $140,000 | $150,000 - $250,000 | Software Engineer II, Developer |
| Senior | 5-8 years | $140,000 - $185,000 | $250,000 - $400,000 | Senior Software Engineer, SDE III |
| Staff | 8-12 years | $175,000 - $225,000 | $350,000 - $500,000 | Staff Engineer, Principal Engineer |
| Senior Staff | 12-15 years | $200,000 - $275,000 | $450,000 - $700,000 | Senior Staff Engineer |
| Principal/Distinguished | 15+ years | $225,000 - $350,000 | $600,000 - $1,000,000+ | Principal Engineer, Distinguished Engineer |
Source: BLS OES 2024, Levels.fyi 2024
Source: Bureau of Labor Statistics OES
Entry-Level Software Engineer: Years 0-2 ($70K-$95K Base)
Entry-level software engineers typically hold titles like 'Software Engineer I,' 'Junior Developer,' or 'Associate Software Engineer.' The BLS reports that the 10th percentile wage for software developers is $79,080—a reasonable proxy for entry-level compensation.
However, entry-level salaries vary dramatically by location and company type. A new grad at Google or Meta in the Bay Area might earn $150,000+ total compensation (base + signing bonus + equity), while an entry-level role at a mid-sized company in a lower cost-of-living area might pay $65,000-$75,000.
Entry-Level Software Engineer: Big Tech vs Market
Comparing new grad compensation at top tech companies vs general market
Entry-Level (Big Tech)
Median Annual Salary
Entry-Level (General Market)
Median Annual Salary
Mid-Level Software Engineer: Years 2-5 ($95K-$140K Base)
The mid-level stage represents the steepest part of the salary curve. Engineers who demonstrate strong technical skills and begin taking ownership of larger features typically see 40-60% salary growth during this period. This is also when many engineers receive their first significant equity grants.
At this level, technical skills matter more than credentials. Engineers who've shipped production code, debugged complex systems, and contributed to architecture decisions command premium compensation. The difference between a 'good' mid-level engineer and a 'great' one can be $30,000-$50,000 annually.
Typical Salary Growth: Entry to Mid-Level
The entry to mid-level transition delivers the largest percentage salary increase. Engineers who switch companies during this period often see even larger jumps (20-30% per move).
Senior Software Engineer: Years 5-10 ($140K-$185K Base)
Senior engineers are expected to work independently, mentor junior team members, and make technical decisions that impact their team or product area. This is the 'terminal level' at many companies—the point where further advancement requires either exceptional technical contributions or a move into management.
At FAANG companies, Senior Software Engineer (L5 at Google, E5 at Meta, SDE III at Amazon) typically represents 5-8 years of experience with total compensation in the $250,000-$400,000 range. Base salaries are capped around $180,000-$200,000, with the remainder coming from equity and bonuses.
Source: Levels.fyi
Staff & Principal Engineer: Years 10+ ($175K-$350K Base)
Staff engineer and above represent the top ~15% of the engineering ladder. These roles require not just technical excellence but also organizational impact—leading cross-team initiatives, defining technical strategy, and mentoring other senior engineers.
Total compensation at this level can be extraordinary. Staff engineers at Google (L6) or Meta (E6) typically earn $400,000-$600,000 total compensation. Principal and Distinguished engineers can exceed $1 million annually at top companies, with the majority coming from equity.
Staff+ Engineering Levels at Major Tech Companies
| Company | Staff Level | Principal Level | Distinguished/Fellow | Typical TC Range |
|---|---|---|---|---|
L6 Staff | L7 Senior Staff | L8+ Principal/Fellow | $400K - $1M+ | |
| Meta | E6 Staff | E7 Senior Staff | E8+ Principal/Fellow | $450K - $1.2M+ |
| Amazon | SDE III / L6 | Principal (L7) | Senior Principal (L8+) | $350K - $800K+ |
| Apple | ICT5 | ICT6 | Fellow | $350K - $900K+ |
| Microsoft | L65 Senior | L66-67 Principal | L68+ Distinguished | $300K - $700K+ |
Source: Levels.fyi 2024
FAANG vs Startup vs Enterprise: Where Should You Work?
Company type dramatically impacts compensation structure and total earnings potential. Each offers distinct tradeoffs between cash compensation, equity upside, work-life balance, and career growth.
Highest guaranteed compensation with liquid equity. Google, Meta, Amazon, Apple, Microsoft, Netflix offer $150K-$500K+ TC. Pros: stability, prestige, clear ladders. Cons: bureaucracy, narrower scope.
Key Skills
Common Jobs
- • Software Engineer
- • SDE
- • Production Engineer
- • Site Reliability Engineer
Lower base ($120K-$180K) but significant equity upside. If the company succeeds, early employees can see 10-100x returns. Pros: ownership, impact, growth. Cons: risk, instability.
Key Skills
Common Jobs
- • Founding Engineer
- • Full-Stack Engineer
- • Platform Engineer
Competitive base ($100K-$160K) with strong benefits and work-life balance. Limited equity but reliable bonuses. Pros: stability, benefits, 40-hour weeks. Cons: slower pace, legacy systems.
Key Skills
Common Jobs
- • Software Developer
- • Application Developer
- • Systems Engineer
Geographic Salary Variations
Location remains the largest single factor in software engineer compensation, though remote work is narrowing the gap. The Bay Area commands a 40-50% premium over national median, but cost of living consumes much of this advantage.
Software Developer Salaries by Metro Area
| Metro Area | Median Salary | vs National | Employment | Cost Index |
|---|---|---|---|---|
| San Jose-Sunnyvale-Santa Clara, CA | $197,500 | +34% | 98,450 | 214 |
| San Francisco-Oakland-Berkeley, CA | $189,200 | +29% | 72,340 | 188 |
| Seattle-Tacoma-Bellevue, WA | $176,800 | +20% | 95,620 | 158 |
| New York-Newark-Jersey City, NY-NJ | $164,500 | +12% | 88,940 | 139 |
| Austin-Round Rock-Georgetown, TX | $155,200 | +6% | 52,180 | 103 |
| Denver-Aurora-Lakewood, CO | $152,400 | +4% | 38,920 | 112 |
| National Median | $146,869 | — | 1,654,440 | 100 |
Source: BLS OES May 2024, BEA Regional Price Parities
Understanding Total Compensation
Base salary tells only part of the story, especially at senior levels. Total compensation (TC) includes base salary, annual bonus, equity (RSUs or stock options), and signing bonus. At Big Tech, equity can represent 30-50% of total compensation for senior engineers.
Total Compensation Breakdown: Senior Engineer at Big Tech
| Component | Typical Amount | % of Total | Notes |
|---|---|---|---|
| Base Salary | $185,000 | 55% | Cash, paid bi-weekly |
| Annual Equity Vesting | $100,000 | 30% | RSUs, typically 4-year vest |
| Annual Bonus | $30,000 | 9% | Performance-based, 10-20% of base |
| Signing Bonus (Year 1) | $20,000 | 6% | One-time, often amortized |
| Total Compensation | $335,000 | 100% | Year 1 total |
Source: Levels.fyi 2024
Software Developer Employment Growth
Software Developer positions projected to grow 25% over the next decade—significantly faster than the 4% average for all occupations. This translates to approximately 410,000 new positions plus replacement openings.
This analysis combines federal employment data with crowdsourced compensation databases to provide comprehensive software engineer salary insights across experience levels.
Coding Bootcamps: An Alternative Pathway
Coding bootcamps offer an accelerated pathway into tech careers. For those considering alternatives to traditional degrees, here's what you need to know about this intensive learning format.
What is a Coding Bootcamp?
A coding bootcamp is an intensive, short-term training program (typically 12-24 weeks) that teaches practical programming skills through hands-on projects. Unlike traditional degrees, bootcamps focus exclusively on job-ready skills and often include career services to help graduates land their first tech role.
Who Bootcamps Are Best For
- Career changers looking to enter tech quickly
- Professionals wanting to upskill or transition roles
- Self-taught developers seeking structured training
- Those unable to commit to a 4-year degree timeline
What People Love
Based on discussions from r/codingbootcamp, r/cscareerquestions, and r/learnprogramming
- Fast-track to employment—many graduates land jobs within 3-6 months
- Hands-on, project-based learning builds real portfolio pieces
- Career services and interview prep included in most programs
- Strong alumni networks for job referrals and mentorship
- Structured curriculum keeps you accountable and on track
Common Concerns
Honest feedback from bootcamp graduates and industry professionals
- Intense pace can be overwhelming—expect 60-80 hour weeks
- Some employers still prefer traditional CS degrees for certain roles
- Quality varies widely between programs—research carefully
- Job placement stats can be misleading—ask for CIRR audited reports
- May lack depth in computer science fundamentals like algorithms
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Programs for Tech careers:
- Software Engineering Career Track
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More Bootcamp Resources
Frequently Asked Questions
Continue Your Research
Data Sources and References
May 2024 employment and wage estimates for SOC 15-1252 (Software Developers)
2023-2033 employment projections showing 25% growth for software developers
Crowdsourced compensation database with 500,000+ verified data points for tech companies
Metropolitan area cost of living indices for salary comparisons
Taylor Rupe
Co-founder & Editor (B.S. Computer Science, Oregon State • B.A. Psychology, University of Washington)
Taylor combines technical expertise in computer science with a deep understanding of human behavior and learning. His dual background drives Hakia's mission: leveraging technology to build authoritative educational resources that help people make better decisions about their academic and career paths.