Earnings
Software developers earned salaries that ranged from $77,020 to $208,620 in May 2023, according to the U.S. Department of Labor. They earned a median annual salary of $132,270. Earnings vary by type of employer. Here is a breakdown of mean annual earnings for software developers in various sectors:
- web search portals, libraries, archives, and other information services: $215,840
- taxi and limousine services ($187,550)
- media streaming distribution services, social networks, and other media networks and content providers: $180,570
- computer and peripheral equipment manufacturing: $179,480
- gambling industries: $174,480
Highly experienced and skilled full stack developers can earn more than $200,000 a year.
Some developers receive bonuses, access to profit-sharing programs, and other non-salary-related financial awards. In 2024, full stack developers received average bonuses ranging from $443 to $12,000 and profit-sharing awards of $1,000 to $10,000, according to PayScale.com
Most full-time developers receive extensive benefit plans, which may include stock options, 401(k) plans, and medical, dental, and vision care. Freelancers must provide their own benefits.
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