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Average Software Developers Salary in Toledo, OH

Software Developers in Toledo, OH, can expect an average annual salary of $109,940. This figure is notably below the national average of $145,320, reflecting regional economic factors and local demand for specialized tech talent. The specific compensation in Toledo is influenced by the city's unique economic landscape and the concentration of tech-related industries present.

Executive Summary

  • Average Salary: $109,940 per year.
  • Growth Trend: Salaries have shifted 22.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $161,890.
  • Outlook: The Toledo, OH, job market for Software Developers shows a moderate presence, with a total local workforce of 960 individuals in this role. The Location Quotient of 0.31 indicates that this profession is less concentrated in Toledo compared to the national average, suggesting a potentially less saturated but also less robust demand for these specialized skills within the immediate area.
2024 Market Data

Salary Overview

$109,940

The average Software Developers in Toledo, OH earns-24.3%below the national average.

BreakdownBased on 40h/week
Hourly

$52.9

Weekly

$2,114

Monthly

$9,162

Software Developers Salary Distribution in Toledo, OH

Salary progression for Software Developers in Toledo, OH, is significantly tied to experience and skill specialization. Entry-level positions will command lower salaries, while senior developers with extensive experience and in-demand expertise can earn substantially more, potentially reaching well into the six figures. The percentile gaps in salary distribution highlight clear opportunities for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$63,090$30.3
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$82,455$39.6
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$100,330$48.2
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$137,425$66.1
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$161,890$77.8

Detailed Software Developers Market Analysis

Relocation Context

Nominal Salary

$109,940

Gross Pay

Real Wage (Purchasing Power)

$109,940

Adjusted for COL (100)

With an average annual salary of $109,940 and a Cost of Living Index of 100 (matching the national average), Software Developers in Toledo, OH, experience a salary that aligns directly with the national cost of living. This means that the purchasing power of their income in Toledo is comparable to the national average, offering a stable financial standing without the premium often associated with higher cost-of-living areas.

Job Market Context

960

Total Jobs

3.283

Per 1K Jobs

0.31

Location Quotient

Low Concentration

At 0.31x, Toledo, OH has a notably lower concentration of Software Developers jobs than the national average. Opportunities in this area are relatively scarce for this profession.

The Location Quotient of 0.31 for Software Developers in Toledo, OH, signifies that the concentration of these professionals is less than one-third of the national average. This suggests that while the market may not be as saturated with talent as larger tech hubs, the demand might also be proportionally lower, indicating a less competitive but potentially more specialized job market for developers in the region.

Nearby Job Markets

Nearby Cities for Software Developers

Comparing salaries near Toledo, OH

Hiring Software Developerss?

Frequently Asked Questions

How much does a Software Developers make in Toledo, OH?

The median annual salary for a Software Developers in Toledo, OH is $109,940. This typically ranges from $63,090 for entry-level positions to $161,890 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Toledo, OH is 24.3% lower than the national median of $145,320.

Is Toledo, OH a lucrative place for Software Developers?

No, not exceptionally lucrative compared to national averages.While the average salary of $109,940 is substantial, it falls significantly below the national average of $145,320. The cost of living being at the national average means the lower nominal salary translates to lower purchasing power relative to national benchmarks.

Is Toledo, OH a good place to live for Software Developers?

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

Where are the highest paying cities near Toledo, OH?

Some top paying nearby cities include Monroe, MI ($109,680) and Ann Arbor, MI.

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

The average salary for Software Developers in Toledo, OH, is $109,940, which is approximately 24% lower than the national average of $145,320.

What is the concentration of Software Developers in Toledo, OH?

Toledo, OH, has a lower concentration of Software Developers compared to the national average, with a Location Quotient of 0.31, indicating fewer jobs per capita in this field relative to the rest of the country.

Does the cost of living in Toledo affect the value of a Software Developer's salary?

No, the cost of living in Toledo is at the national average (index 100), meaning the $109,940 salary has purchasing power equivalent to the national average, despite being lower in nominal terms.

How many Software Developers are there in Toledo, OH?

There are approximately 960 Software Developers working in Toledo, OH, representing about 3.283 jobs per 1,000 workers in 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 960 employees in the Toledo, OH area with a job density of 3.283 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.