Do software engineers make a lot of money?

Yes, software engineering is a good job based on virtually any criteria, including salary, quantity of job openings, as well as overall job satisfaction.

Software Engineers that I know are by and large not rich . We are paid well, but not by default wealthy. Becoming wealthy is a different thing. First of all, a well paid software engineer in tech right now will be making anywhere between $60,000-$150,000 depending on where they live in the USA.

Software Engineer Salary: How much do software engineers earn? According to PayScale, the average base software engineer salary is $87,192 per year. According to Glassdoor, the typical software engineer salary ranges from $89,536 to $181,249 per year .

According to Fox Business², the average salary for an American in 2020 is $49,764. Meanwhile for software engineers, according to Salary. com³, they’re making $69,427 on average as of July 27, 2020 . Indeed⁴ even said the salary is reaching $104,907 per year, LinkedIn⁵ has a greater number at $112,000.