Software developers are some of the most sought-after professionals in the United States. This is due to the ever-growing demand for software solutions across numerous industries. As such, software developers are known to have some of the most profitable salaries in the tech industry. The question then stands, what is the minimum salary a software developer can make in the US?
To answer this question, we will analyze data from the US Bureau of Labor Statistics (BLS). According to the most recent BLS report, the median annual wage for software developers was $105,590 in 2019. This includes wages from all software developer occupations, such as systems software developers, applications software developers, and web developers. The median wage is the wage at which half of the workers earned more than that amount and half earned less. Of the lowest 10 percent of software developers, their salaries were less than $63,490, while the highest 10 percent earned over $164,590. Thus, the lowest salary a software developer can make in the US is approximately $63,490.
Due to experience and advanced skills, certain software developers may make more. According to the National Association of Software and Services Companies (NASSCOM), the annual salary for experienced software developers in the US ranges from $80,000 to $150,000. This range is higher than the median wage reported by the BLS, indicating that experienced software developers can expect to earn more.
Other factors that may influence the salary of software developers include the type of job and the location. For example, software developers working in the financial services industry can expect to make higher salaries than those in other industries. Similarly, software developers working in metropolitan areas like San Francisco, San Jose, and Seattle can make an annual median wage of $120,000, which is greater than the national median wage.
In conclusion, the minimum salary for a software developer in the US is around $63,490, according to the US Bureau of Labor Statistics. However, experienced software developers, those in certain industries, and those in certain areas can expect to make more. Factors that determine the salary of software developers include experience, skills, type of job, and location.