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Average Software Developers Salary in Madison, WI

Software Developers in Madison, WI, command an average annual salary of $114,660. This figure is notably below the national average of $145,320, suggesting that while the demand is present, the compensation may be influenced by local economic factors and the specific industry landscape within Wisconsin's capital.

Executive Summary

  • Average Salary: $114,660 per year.
  • Growth Trend: Salaries have shifted 17.6% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $157,800.
  • Outlook: Madison, WI, hosts a robust workforce of 6,380 Software Developers, significantly exceeding the national concentration with a Location Quotient of 1.47. This indicates a strong presence and potentially high demand for these tech professionals within the local market, suggesting a healthy job environment for those in the field.
2024 Market Data

Salary Overview

$114,660

The average Software Developers in Madison, WI earns-21.1%below the national average.

BreakdownBased on 40h/week
Hourly

$55.1

Weekly

$2,205

Monthly

$9,555

Software Developers Salary Distribution in Madison, WI

Salary progression for Software Developers in Madison, WI, typically scales with experience. Entry-level positions may start closer to the lower percentiles, while senior developers with extensive expertise and specialized skills can command salaries in the upper percentiles, significantly exceeding the average. These percentile gaps highlight the substantial career growth and earning potential available.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$79,090$38
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$85,995$41.3
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$104,670$50.3
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$143,325$68.9
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$157,800$75.9

Detailed Software Developers Market Analysis

Relocation Context

Nominal Salary

$114,660

Gross Pay

Real Wage (Purchasing Power)

$114,660

Adjusted for COL (100)

The average Software Developer salary of $114,660 in Madison, WI, aligns perfectly with the national average cost of living (100). This means that the purchasing power of a developer's salary in Madison is equivalent to that of a developer earning the national average in a location with a national average cost of living, offering stable financial footing.

Job Market Context

6,380

Total Jobs

15.741

Per 1K Jobs

1.47

Location Quotient

Above Average

With a location quotient of 1.47, Madison, WI has a slightly higher-than-average concentration of Software Developers roles compared to the national norm.

With a Location Quotient of 1.47, Madison, WI, demonstrates a concentration of Software Developers that is 47% higher than the national average. This suggests a competitive yet abundant job market, where employers may actively seek talent, and professionals have a good selection of opportunities, potentially leading to specialized roles and collaborative environments.

Nearby Job Markets

Nearby Cities for Software Developers

CitySalaryDist.
Janesville-Beloit, WI Software Developers Salary$104,920↓ 8%33 mi
Rockford, IL Software Developers Salary$108,300↓ 6%59 mi
Fond du Lac, WI Software Developers Salary$107,200↓ 7%68 mi
Milwaukee-Waukesha, WI Software Developers Salary$114,100↓ 0%72 mi
Oshkosh-Neenah, WI Software Developers Salary$110,830↓ 3%77 mi

Comparing salaries near Madison, WI

Hiring Software Developerss?

Frequently Asked Questions

How much does a Software Developers make in Madison, WI?

The median annual salary for a Software Developers in Madison, WI is $114,660. This typically ranges from $79,090 for entry-level positions to $157,800 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Madison, WI is 21.1% lower than the national median of $145,320.

Is Madison, WI a lucrative place for Software Developers?

Yes, with a caveat.While the average salary of $114,660 is below the national average, the cost of living is also at the national average, making the nominal salary hold its value. The high concentration of developers (LQ 1.47) indicates strong local demand.

Is Madison, WI a good place to live for Software Developers?

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

Where are the highest paying cities near Madison, WI?

Some top paying nearby cities include Janesville-Beloit, WI ($104,920) and Rockford, IL.

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

The average salary for Software Developers in Madison, WI is $114,660, which is lower than the national average of $145,320.

What is the cost of living in Madison, WI for Software Developers?

The cost of living in Madison, WI, is exactly at the national average, indicated by an index of 100, meaning your salary has average purchasing power.

Is there high demand for Software Developers in Madison, WI?

Yes, the Location Quotient of 1.47 suggests a higher concentration of Software Developers than the national average, indicating strong local demand and a robust job market.

How many Software Developers are there in Madison, WI?

Madison, WI, has a local workforce of 6,380 Software Developers, with 15.741 jobs per 1,000 workers in the area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,380 employees in the Madison, WI area with a job density of 15.741 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 Madison, WI