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Average Software Developers Salary in Binghamton, NY

Software Developers in Binghamton, NY, command an average annual salary of $125,070. This figure is notably below the national average of $145,320, suggesting a localized compensation structure influenced by regional economic factors and demand within the Binghamton area.

Executive Summary

  • Average Salary: $125,070 per year.
  • Growth Trend: Salaries have shifted 19.0% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $169,020.
  • Outlook: With a local workforce of 1,130 Software Developers and a Location Quotient of 1.1, Binghamton presents a slightly more concentrated market than the national average. This indicates a stable, albeit not rapidly expanding, demand for these skilled professionals within the region, suggesting a robust job market for experienced individuals.
2024 Market Data

Salary Overview

$125,070

The average Software Developers in Binghamton, NY earns-13.9%below the national average.

BreakdownBased on 40h/week
Hourly

$60.1

Weekly

$2,405

Monthly

$10,423

Software Developers Salary Distribution in Binghamton, NY

Salary progression for Software Developers in Binghamton, as elsewhere, is strongly tied to experience. Entry-level positions typically start at the lower end of the pay scale, while senior developers with specialized skills and a proven track record can command significantly higher salaries, often reaching into the upper percentiles. The gap between entry-level and senior roles signifies substantial career growth potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$81,650$39.3
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$93,803$45.1
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$129,600$62.3
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$156,338$75.2
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$169,020$81.3

Detailed Software Developers Market Analysis

Relocation Context

Nominal Salary

$125,070

Gross Pay

Real Wage (Purchasing Power)

$125,070

Adjusted for COL (100)

The average annual salary of $125,070 in Binghamton aligns perfectly with the national average cost of living (100). This means that the purchasing power of a Software Developer's salary in Binghamton is equivalent to that of a developer earning the national average salary in a location with average living expenses.

Job Market Context

1,130

Total Jobs

11.774

Per 1K Jobs

1.1

Location Quotient

Above Average

With a location quotient of 1.10, Binghamton, NY has a slightly higher-than-average concentration of Software Developers roles compared to the national norm.

A Location Quotient of 1.1 for Software Developers in Binghamton indicates a slightly higher concentration of these professionals compared to the national average. This suggests a healthy, competitive market where demand is present and potentially growing, offering good opportunities for those seeking employment in this field within the region.

Nearby Job Markets

Nearby Cities for Software Developers

CitySalaryDist.
Ithaca, NY Software Developers Salary$126,350↑ 1%39 mi
Elmira, NY Software Developers Salary$110,300↓ 12%46 mi
Southwest New York nonmetropolitan area Software Developers Salary$117,460↓ 6%49 mi
Central East New York nonmetropolitan area Software Developers Salary$111,610↓ 11%49 mi
Capital/Northern New York nonmetropolitan area Software Developers Salary$112,000↓ 10%49 mi

Comparing salaries near Binghamton, NY

Hiring Software Developerss?

Frequently Asked Questions

How much does a Software Developers make in Binghamton, NY?

The median annual salary for a Software Developers in Binghamton, NY is $125,070. This typically ranges from $81,650 for entry-level positions to $169,020 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Binghamton, NY is 13.9% lower than the national median of $145,320.

Is Binghamton, NY a lucrative place for Software Developers?

Yes, with caveats.While the average salary of $125,070 is below the national average, the cost of living in Binghamton is also at the national average, making the salary competitive locally. The slightly above-average concentration of developers suggests a stable job market.

Is Binghamton, NY a good place to live for Software Developers?

The Cost of Living Index in Binghamton, NY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Binghamton, NY?

Some top paying nearby cities include Ithaca, NY ($126,350) and Elmira, NY.

How does Binghamton's Software Developer salary compare to the national average?

Software Developers in Binghamton earn an average of $125,070 annually, which is $20,250 less than the national average of $145,320.

What is the cost of living in Binghamton, NY for Software Developers?

The cost of living in Binghamton, NY is 100, which is exactly the national average, meaning your salary has average purchasing power.

Is there high demand for Software Developers in Binghamton?

With a Location Quotient of 1.1, there is a slightly higher concentration of Software Developers in Binghamton than the national average, indicating a stable and present demand for these roles.

How many Software Developers are there in Binghamton, NY?

Binghamton, NY has a local workforce of approximately 1,130 Software Developers.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,130 employees in the Binghamton, NY area with a job density of 11.774 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Software Developers • Data source: BLS OEWS 2024 •Jobs in Binghamton, NY