Average Software Developers Salary in Lexington Park, MD
Software Developers in Lexington Park, MD, earn an average annual salary of $138,920. This figure is slightly below the national average of $145,320, suggesting that while the demand for skilled tech professionals is present, specific local economic factors or industry concentrations may influence compensation levels. The proximity to naval installations and related defense contractors often shapes the local job market and salary expectations for technical roles.
Executive Summary
- Average Salary: $138,920 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $198,740.
- Outlook: With a local workforce of 730 Software Developers and a Location Quotient of 0.95, Lexington Park exhibits a job market that closely mirrors the national concentration of this profession. This indicates a stable, albeit not exceptionally concentrated, demand for software development talent. The presence of 10.214 jobs per 1,000 workers further suggests a consistent need for these professionals within the local economy, pointing towards a robust and reliable employment landscape.
Salary Overview
The average Software Developers in Lexington Park, MD earns-4.4%below the national average.
$66.8
$2,672
$11,577
Software Developers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Software Developer salaries in Lexington Park, MD, have experienced steady growth over the past four years, mirroring national trends. Factors such as increasing demand for digital solutions, advancements in technology, and a competitive job market typically drive upward salary adjustments for skilled professionals in this field.
Software Developers Salary Distribution in Lexington Park, MD
Salary progression for Software Developers in Lexington Park, MD, typically scales significantly with experience. Entry-level positions will command lower salaries, while mid-level and senior developers, possessing specialized skills and project leadership capabilities, can expect substantially higher compensation. The widening gap between the lower and upper salary percentiles clearly signifies the career advancement opportunities and the financial rewards associated with accumulating expertise and responsibility in this role.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $95,480 | $45.9 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $104,190 | $50.1 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $128,830 | $61.9 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $173,650 | $83.5 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $198,740 | $95.5 |
Detailed Software Developers Market Analysis
Relocation Context
Nominal Salary
$138,920
Gross Pay
Real Wage (Purchasing Power)
$138,920
Adjusted for COL (100)
The nominal average salary of $138,920 in Lexington Park, MD, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Software Developer's salary in Lexington Park is equivalent to the national average. Consequently, relocating professionals can expect their earnings to cover living expenses at a rate comparable to the rest of the country, offering financial stability.
Job Market Context
730
Total Jobs
10.214
Per 1K Jobs
0.95
Location Quotient
Lexington Park, MD has 0.95x the national average concentration of Software Developers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.95 for Software Developers in Lexington Park, MD, indicates that the concentration of these professionals in the area is very close to the national average. This suggests a competitive yet accessible job market; while there isn't an oversupply, the demand is consistent with national patterns. Companies seeking talent will find a pool of qualified candidates, but aggressive recruitment strategies might be necessary to secure top performers.
Nearby Job Markets
Nearby Cities for Software Developers
| City | Salary | Dist. |
|---|---|---|
| Salisbury, MD Software Developers Salary | $123,780↓ 11% | 47 mi |
| Washington-Arlington-Alexandria, DC-VA-MD-WV Software Developers Salary | $151,000↑ 9% | 55 mi |
| Maryland nonmetropolitan area Software Developers Salary | $135,570↓ 2% | 59 mi |
| Baltimore-Columbia-Towson, MD Software Developers Salary | $151,370↑ 9% | 72 mi |
| Richmond, VA Software Developers Salary | $131,430↓ 5% | 75 mi |
Comparing salaries near Lexington Park, MD
Hiring Software Developerss?
Frequently Asked Questions
How much does a Software Developers make in Lexington Park, MD?
The median annual salary for a Software Developers in Lexington Park, MD is $138,920. This typically ranges from $95,480 for entry-level positions to $198,740 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lexington Park, MD is 4.4% lower than the national median of $145,320.
Is Lexington Park, MD a lucrative place for Software Developers?
Yes, it offers competitive compensation relative to the cost of living.Software Developers in Lexington Park earn an average of $138,920, which is on par with the national average when considering the local Cost of Living Index of 100. The stable job market, indicated by a Location Quotient close to 1.0, ensures consistent opportunities.
Is Lexington Park, MD a good place to live for Software Developers?
The Cost of Living Index in Lexington Park, MD is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lexington Park, MD?
Some top paying nearby cities include Salisbury, MD ($123,780) and Washington-Arlington-Alexandria, DC-VA-MD-WV.
How does the Lexington Park Software Developer salary compare to the national average?
The average salary for Software Developers in Lexington Park, MD, is $138,920, which is slightly lower than the national average of $145,320.
What is the Cost of Living in Lexington Park, MD for Software Developers?
The Cost of Living Index in Lexington Park, MD, is 100, which is exactly the national average. This means the purchasing power of a Software Developer's salary is equivalent to the national standard.
How concentrated is the Software Developer job market in Lexington Park, MD?
The job market concentration, measured by the Location Quotient, is 0.95, indicating that the proportion of Software Developers in Lexington Park is very close to the national average.
Are there many Software Developer jobs in Lexington Park, MD?
There are 10.214 Software Developer jobs per 1,000 workers in Lexington Park, MD, suggesting a healthy and consistent demand for these professionals within the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 730 employees in the Lexington Park, MD area with a job density of 10.214 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Software Developers • Data source: BLS OEWS 2024 •Jobs in Lexington Park, MD