Financial Specialists vs Software Developers salary

According to the US Bureau of Labor Statistics, the average annual salary for Financial Specialists is $87,350, while the average annual salary for Software Developers is $120,990. This means that Software Developers earn a significantly higher salary than Financial Specialists.

Keep in mind, however, that factors such as location, experience, and the specific workplace can affect salary. For instance, Software Developers in California may have higher earnings (averaging $146,770 per year) compared to those in West Virginia ($83,450).

Financial Specialists vs Software Developers overview

Financial Specialists and Software Developers are fundamental to the Professional, Scientific, and Technical Services industry. Many people are interested in understanding the differences between these occupations, as well as the average pay for each.

Financial Specialist average salary

As reported by the US Bureau of Labor Statistics, in 2021, the number of Financial Specialists employed in the United States was 2.9M, and they earned an average of $87,350 per year. The bottom 10 percent had earnings of $43,720 or less, and the top 10 percent had earnings of $140,710 or more. The average salary has increased by 2.2% compared the previous year.

Do Financial Specialists make good money?

The average salary of Financial Specialists is about a half higher than the average wage in the United States ($58,260). However, they earn 4% less than the average wage of the Professional, Scientific, and Technical Services industry ($91,150).

The average salary of Financial Specialists is about a half higher than the average wage in the United States ($58,260).

Financial Specialists job growth

In 2021, there have been 145,370 more Financial Specialist positions than the previous year nationwide, which marks a rise of 5.3%. Job growth has averaged 2.5% for the last 3 years.

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

The US Bureau of Labor Statistics has reported that in 2021, there were 1.36M Software Developers working in the United States, and on average, they earned $120,990 per year. The bottom 10 percent earned $64,470 or less, and the top 10 percent earned $168,570 or more.

Do Software Developers make good money?

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

Software Developers usually receive good salaries, since their mean salary is 108% above the average wage in the United States ($58,260).

FAQ

Do Financial Specialists or Software Developers make more?

The average earnings of Software Developers are 39% higher than those of Financial Specialists. On average, Financial Specialists make $87,350 per year, while Software Developers make $120,990.