The shocking truth about software developer salaries


Developers are consistently ranked as one of the most coveted and highest paid job roles, with salaries often topping the six-figure mark. However, you might be surprised at how the actual amount differs from state to state (and sometimes even city to city). You might also be surprised by some of the factors that contribute to this variance, such as whether or not you have experience and what kind of specialty you specialize in. Let’s take a look at some of the data available on software developer salaries, and what makes your salary go up or down.


They make more than you think

Programming designers are quite possibly of the most sought after and generously compensated work you can have at the present time. On the off chance that you're hoping to send off your vocation in coding, there will never be been a preferred time over at this point. Furthermore, with a typical compensation of $100K/year starting around 2017, it very well may merit considering as a method for getting away from a futile daily existence.

To look into the stuff to turn into an effective programming engineer, look at our blog entry: What is it that You Really want To Turn into A Fruitful Programming Designer?


But they also have a lot of debt

It's no secret that with a degree in computer science, engineers can make upwards of $100,000+ per year. The jobs are scarce, however, and the competition to get one is fierce. Engineers graduate with an average of $27,000 in student loan debt and many of them go on to take out more loans for living expenses while they wait for that first paycheck. It's not just the money that makes it hard to find a job as a developer - there simply aren't enough jobs!


And they're in high demand

Software developers are in high demand, and the average salary is $85,000. The demand for this type of job has grown by 24% over the last five years. However, as with any profession, it is important to know what you are getting into before accepting a position. Software developers require a unique set of skills that are not easily learned on the fly. For example, if you choose to specialize in video game development then you will need to be fluent in both programming languages and 3D animation skills. One thing to consider is whether or not you want your career path to be more linear or more fluid - meaning how much do you want your work life balance to dictate your success? How quickly do you want to progress up the corporate ladder?


So their salaries will continue to rise

Programming designers are at present sought after, and the business is simply expected to develop. The typical compensation for a product designer is $86,000 each year. It's essential to take note of that there are many elements that add to a specific person's compensation. For instance, on the off chance that you're an accomplished specialist with over decade of involvement added to your repertoire, you'll most likely make above and beyond six figures. Then again, on the off chance that you're simply beginning as a software engineer, then, at that point, your compensation will be a lot of lower - ordinarily around $42K each year.


Here's what you can do to keep up

If you're working as a software developer, it's important to stay up to date with the latest trends and technologies. Software developers need to be aware of the latest and greatest programming languages, frameworks, databases, and operating systems. Here are a few resources that can help you keep up with the field:

- The Hacker News newsletter provides news on current trends in technology that might interest a developer 

- There are tons of tech websites like Tech Crunch which provide helpful articles related to new developments in the industry - You can also follow influencers on social media like facebook or twitter for more updates - Of course, conferences and meetups are another great way to get information from people who know what they're talking about. You may want to start following some upcoming events in your area for more opportunities


Conclusion

A statistic from the Bureau of Labor and Statistics shows that in 2012, the median salary for a software-development engineer in the U.S. was $91,310. That number sounds pretty good until you realize that this is just an average for all developers. If we break it down by seniority, then the numbers get even more dramatic: 

$114,390 - The average salary for a senior development engineer according to Payscale's survey 

$90,819 - The average salary for a mid-level development engineer according to Payscale's survey 

No matter how you slice it, these figures are significantly higher than what is reported by the Bureau of Labor and Statistics.