Financial Analysts vs Software Developers salary

According to the US Bureau of Labor Statistics, the average annual salary for Financial Analysts is $103,020, while the average annual salary for Software Developers is $120,990. This means that Software Developers earn a higher salary than Financial Analysts.

However, wages can vary depending on factors like location, experience, and the specific setting in which the employee works. For example, Financial Analysts who work in New York (with salary averaging $131,690) may earn more than those who work in Utah ($71,760). And Software Developers in California earn 76% more on average compared to those in West Virginia.

Financial Analysts vs Software Developers overview

Financial Analysts and Software Developers are crucial to the Professional, Scientific, and Technical Services industry. People are often interested in learning about the distinctions between these job titles, including the average earnings for each of them.

Financial Analyst job description

Alternative names: Financial and Investment Analysts

Financial Analysts conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses.

Financial Analyst average salary

Based on data from the US Bureau of Labor Statistics, 291,880 Financial Analysts were employed by the United States in 2021, and their average annual salary was $103,020. The bottom 10 percent had earnings of $57,900 or less, and the top 10 percent had earnings of $166,560 or more.

Do Financial Analysts make good money?

The average salary of Financial Analysts is 77% higher than the average wage in the United States ($58,260). However, they earn 13% less than the average wage of the Securities and Financial Investments industry ($119,040).

The average salary of Financial Analysts is 77% higher than the average wage in the United States ($58,260).

Software Developer job description

Alternative names: Devops, Backend Developers, Computer Scientists

Software Developers research, design, and develop computer and network software or specialized utility programs. Analyze user needs and develop software solutions, applying principles and techniques of computer science, engineering, and mathematical analysis. Update software or enhance existing software capabilities. May work with computer hardware engineers to integrate hardware and software systems, and develop specifications and performance requirements. May maintain databases within an application area, working individually or coordinating database development as part of a team.

Software Developer average salary

As stated by the US Bureau of Labor Statistics, the United States employed 1.36M Software Developers in 2021, and the average income they earned annually was $120,990. The bottom 10 percent had earnings of $64,470 or less, and the top 10 percent had earnings of $168,570 or more.

Do Software Developers make good money?

Software Developers are typically paid well, since their mean salary is 108% above the average wage in the United States ($58,260). Furthermore, they make about a third more than the mean earnings of the Professional, Scientific, and Technical Services industry ($91,150).

Software Developers are typically paid well, since their mean salary is 108% above the average wage in the United States ($58,260).

FAQ

Do Financial Analysts or Software Developers make more?

Software Developers make 17% more than Financial Analysts. The average annual salary for Financial Analysts is $103,020, compared to $120,990 for Software Developers.