Salary Guide • December 2024

Software Engineer Salary by Experience Level

Complete salary progression from entry-level to staff engineer based on BLS 2024 data and industry compensation benchmarks

Experience Levels:6
Salary Range:$79K-$200K+
Workers Analyzed:1.65M
Key Takeaways
  • 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

LevelExperienceBase Salary RangeTotal 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

$146,869
Median Software Developer Salary (2024)
Based on 1,654,440 Software Developers employed nationally. 10th percentile: $79,080. 90th percentile: $200,000+. This is base salary only—total compensation at top companies can be 2-3x higher.

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

+90% Big Tech Premium

Entry-Level (Big Tech)

Higher
150,000

Median Annual Salary

50K
Workers Employed

Entry-Level (General Market)

79,000

Median Annual Salary

200K
Workers Employed
+$71,000 annual difference
10-year earnings gap: $710,000

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

Year 0 to Year 4 Projection
+52%
Year 079.0K
79.0K
Year 4 (Projected)120.0K
120.0K
+41.0K
Projected Growth (+52%)

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.

$300,000+
Senior Engineer Total Comp at Big Tech
Google L5, Meta E5, Amazon SDE III. Base salary typically $175,000-$200,000 + $100,000-$200,000 in annual equity vesting + $15,000-$30,000 bonus.

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

CompanyStaff LevelPrincipal LevelDistinguished/FellowTypical TC Range
Google
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.

Big Tech (FAANG+)

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

System designScaleLeetcode-style interviewsCollaboration

Common Jobs

  • Software Engineer
  • SDE
  • Production Engineer
  • Site Reliability Engineer
High-Growth Startup (Series B-D)

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

Full-stackMoving fastAmbiguity toleranceGeneralist skills

Common Jobs

  • Founding Engineer
  • Full-Stack Engineer
  • Platform Engineer
Enterprise / Fortune 500

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

Enterprise systemsComplianceLong-term planningStakeholder management

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 AreaMedian Salaryvs NationalEmploymentCost 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

ComponentTypical Amount% of TotalNotes
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

2024 to 2033 Projection
+25%
20241.65M
1.65M
2033 (Projected)2.06M
2.06M
+410.6K
Projected Growth (+25%)

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.

Research Methodology

This analysis combines federal employment data with crowdsourced compensation databases to provide comprehensive software engineer salary insights across experience levels.

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

Taylor Rupe

Full-Stack Developer (B.S. Computer Science, B.A. Psychology)

Taylor combines formal training in computer science with a background in human behavior to evaluate complex search, AI, and data-driven topics. His technical review ensures each article reflects current best practices in semantic search, AI systems, and web technology.