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Average Software Developers Salary in Florence, SC

Software Developers in Florence, SC earn an average annual salary of $107,810. This figure is notably below the national average of $145,320, reflecting the specific economic landscape and demand dynamics within the Florence metropolitan area. Factors such as the local industry mix and the availability of specialized tech roles contribute to this regional salary benchmark.

Executive Summary

  • Average Salary: $107,810 per year.
  • Growth Trend: Salaries have shifted 21.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $160,320.
  • Outlook: The local workforce for Software Developers in Florence, SC, comprises approximately 240 professionals. With a Location Quotient of 0.25, the concentration of these roles is significantly lower than the national average, suggesting a less saturated but potentially more niche market. The rate of 2.723 jobs per 1,000 workers indicates a steady, albeit not exceptionally high, presence of software development opportunities.
2024 Market Data

Salary Overview

$107,810

The average Software Developers in Florence, SC earns-25.8%below the national average.

BreakdownBased on 40h/week
Hourly

$51.8

Weekly

$2,073

Monthly

$8,984

Software Developers Salary Distribution in Florence, SC

Salary progression for Software Developers typically scales with experience. Entry-level positions often start at the lower end of the pay scale, while senior developers with extensive experience and specialized skills can command significantly higher salaries. The percentile gaps in compensation clearly signify career progression, rewarding accumulated expertise and leadership capabilities within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$65,870$31.7
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$80,858$38.9
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$103,630$49.8
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$134,763$64.8
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$160,320$77.1

Detailed Software Developers Market Analysis

Relocation Context

Nominal Salary

$107,810

Gross Pay

Real Wage (Purchasing Power)

$107,810

Adjusted for COL (100)

The average annual salary of $107,810 in Florence, SC, aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of a Software Developer's salary in Florence is comparable to the national average, offering a stable financial environment without the premium often associated with higher cost-of-living areas.

Job Market Context

240

Total Jobs

2.723

Per 1K Jobs

0.25

Location Quotient

Low Concentration

At 0.25x, Florence, SC has a notably lower concentration of Software Developers jobs than the national average. Opportunities in this area are relatively scarce for this profession.

A Location Quotient of 0.25 for Software Developers in Florence, SC, indicates that the concentration of these professionals is only a quarter of the national average. This suggests that the job market is not saturated, potentially offering good opportunities for skilled individuals. However, it also implies that the demand might be more specialized or less widespread compared to major tech hubs.

Nearby Job Markets

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Frequently Asked Questions

How much does a Software Developers make in Florence, SC?

The median annual salary for a Software Developers in Florence, SC is $107,810. This typically ranges from $65,870 for entry-level positions to $160,320 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Florence, SC is 25.8% lower than the national median of $145,320.

Is Florence, SC a lucrative place for Software Developers?

No, not compared to the national average.While the average salary of $107,810 is solid, it falls significantly short of the national average of $145,320. However, the cost of living being at the national average mitigates some of this difference.

Is Florence, SC a good place to live for Software Developers?

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

Where are the highest paying cities near Florence, SC?

Some top paying nearby cities include Sumter, SC ($119,620) and Myrtle Beach-Conway-North Myrtle Beach, SC.

How does the Florence, SC salary compare to the national average?

The average salary for Software Developers in Florence, SC, is $107,810, which is approximately 25.8% lower than the national average of $145,320.

What is the concentration of Software Developers in Florence, SC?

The concentration, measured by the Location Quotient, is 0.25, meaning there are significantly fewer Software Developers per capita in Florence compared to the national average.

How does the cost of living affect the salary in Florence, SC?

The cost of living in Florence, SC, is at the national average (100). This means the $107,810 salary offers purchasing power equivalent to the national average, making it relatively stable despite being lower than the national salary benchmark.

What is the total number of Software Developers in Florence, SC?

There are approximately 240 Software Developers employed in Florence, SC, representing a small but present segment of the local workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Florence, SC area with a job density of 2.723 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.