What are the main factors that influence a Quantitative Model Developer's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change A Quantitative Model Developer's salary?

A Quantitative Model Developer's salary grows with experience: starting around $104,198 for beginners, reaching about $107,786 at mid-level, and approach $110,941 for experts.

What are the highest paying states for a Quantitative Model Developer?

Quantitative Model Developer salary varies significantly by state. The top 3 highest paying states for Quantitative Model Developer roles are District of Columbia $117,942, California $117,495, Massachusetts $115,929. These tech hubs typically pay 10-15% above the national average.

How much do different types of Quantitative Model Developer roles make?

Salaries for Quantitative Model Developer level roles vary by specialization: Quantitative Strategist: $173,761; Quantitative Model Validation: $144,886; Quantitative Researcher: $143,192; Quantitative Modeler: $132,022; Quantitative Analyst: $115,435.

Quantitative Model Developer Salary in Delaware

How much does a Quantitative Model Developer make in Delaware?

As of May 18, 2021, the average salary for a Quantitative Model Developer in Delaware is $108,121 per year, which breaks down to an hourly rate of $52.

However, a Quantitative Model Developer's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $121,963
Majority Range (25th-75th percentile): $99,464 to $115,366
Entry-Level (10th percentile): $91,582

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Quantitative Model Developer Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$115,366	$9,614	$2,219	$55
Average	$108,121	$9,010	$2,079	$52
25th Percentile	$99,464	$8,289	$1,913	$48

You may get higher pay by adjusting the following factors:

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Key Factors That Influence Quantitative Model Developer Salaries

A Quantitative Model Developer's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Quantitative Model Developer Salaries?

Experience is a primary driver of a Quantitative Model Developer's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

Entry-Level (less than 1 year): $104,198
Early Career (1-2 years): $104,476
Mid-Level (2-4 years): $107,786
Senior-Level (5-8 years): $110,731
Expert (over 8 years): $110,941

Levels	Salary
Entry Level Quantitative Model Developer	$104,198
Intermediate Level Quantitative Model Developer	$104,476
Senior Level Quantitative Model Developer	$107,786
Specialist Level Quantitative Model Developer	$110,731
Expert Level Quantitative Model Developer	$110,941

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What Am I Worth?

How Do Quantitative Model Developer Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Quantitative Model Developers. For example, consider the average annual salaries in these key locations:

District of Columbia: $117,942.
California: $117,495.
Massachusetts: $115,929.

District of Columbia $117,942 California $117,495 Massachusetts $115,929 Washington $115,503 New Jersey $115,460 Alaska $115,311 Connecticut $113,841 New York $113,245

Hawaii $111,338 Rhode Island $110,443 Maryland $109,836 Minnesota $109,005 Colorado $108,685 Illinois $108,579 Oregon $108,174 Delaware $107,876

New Hampshire $107,688 Virginia $107,269 Pennsylvania $106,044 Nevada $105,426 North Dakota $105,223 Michigan $104,904 Wisconsin $104,787 Vermont $104,552

Texas $103,903 Maine $103,860 Arizona $103,796 Ohio $103,721 Georgia $102,741 Indiana $102,251 Wyoming $102,156 Utah $102,006

Iowa $101,943 Kansas $101,431 Louisiana $101,282 North Carolina $101,229 Missouri $101,208 Florida $100,792 Montana $100,568 Nebraska $100,355

Kentucky $100,238 South Carolina $99,812 Tennessee $99,546 Idaho $99,439 New Mexico $98,662 Oklahoma $98,491 Alabama $97,863 South Dakota $96,808

Arkansas $96,233 West Virginia $95,924 Mississippi $94,997

Top Paying Cities for Quantitative Model Developers

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

Lincoln: $111,647
Little Creek: $110,614
Magnolia: $111,072

Lincoln, DE $111,647 Little Creek, DE $110,614 Magnolia, DE $111,072 Milford, DE $111,647 Marydel, DE $110,198 Millsboro, DE $111,647 Millville, DE $112,392 Milton, DE $111,647

Nassau, DE $111,647 Ocean View, DE $112,392 Rehoboth Beach, DE $112,392 Seaford, DE $110,475 Selbyville, DE $112,392 Smyrna, DE $110,070 Viola, DE $111,072 Woodside, DE $110,752

Bear, DE $109,261 Newark, DE $109,303 Claymont, DE $109,389 Delaware City, DE $109,303 Hockessin, DE $109,389 Kirkwood, DE $109,303 Middletown, DE $109,847 Montchanin, DE $109,389

New Castle, DE $109,389 Odessa, DE $109,996 Port Penn, DE $109,005 Rockland, DE $109,389 Saint Georges, DE $109,303 Townsend, DE $109,836 Winterthur, DE $109,389 Lewes, DE $111,647

Wilmington, DE $109,389 Dover, DE $110,560 Dover Afb, DE $110,816 Bethany Beach, DE $112,392 Bethel, DE $110,475 Bridgeville, DE $111,647 Camden Wyoming, DE $110,677 Cheswold, DE $110,305

Clayton, DE $110,028 Dagsboro, DE $112,392 Delmar, DE $110,475 Ellendale, DE $111,647 Felton, DE $111,647 Fenwick Island, DE $112,392 Frankford, DE $112,392 Frederica, DE $111,647

Georgetown, DE $111,647 Greenwood, DE $111,647 Harbeson, DE $111,647 Harrington, DE $111,647 Hartly, DE $109,974 Houston, DE $111,647 Kenton, DE $110,028 Laurel, DE $110,475

Yorklyn, DE $109,389

Quantitative Model Developer Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Quantitative Model Developer's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on May 18, 2021

$99,464

Average $108,121/year

$115,366

$8,289

Average $9,010/month

$9,614

$1,913

Average $2,079/week

$2,219

$48

Average $52/hour

$55

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$115,366	$9,614	$2,219	$55
Average	$108,121	$9,010	$2,079	$52
25th Percentile	$99,464	$8,289	$1,913	$48

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