What are the main factors that influence a Quantitative Software Engineer'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 Software Engineer's salary?

A Quantitative Software Engineer's salary grows with experience: starting around $115,273 for beginners, reaching about $117,369 at mid-level, and approach $122,189 for experts.

What are the highest paying states for a Quantitative Software Engineer?

Quantitative Software Engineer salary varies significantly by state. The top 3 highest paying states for Quantitative Software Engineer roles are District of Columbia $129,274, California $128,784, Massachusetts $127,068. These tech hubs typically pay 10-15% above the national average.

How much do different types of Quantitative Software Engineer roles make?

Salaries for Quantitative Software Engineer level roles vary by specialization: Software Engineer V: $171,166; Software Engineer IV: $148,920; Embedded Software Engineer IV: $141,488; Software Engineer III: $128,705; Embedded Software Engineer III: $115,987.

Quantitative Software Engineer Salary in Delaware

How much does a Quantitative Software Engineer make in Delaware?

As of May 18, 2021, the average salary for a Quantitative Software Engineer in Delaware is $118,509 per year, which breaks down to an hourly rate of $57.

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

Top Earners (90th percentile): $138,396
Majority Range (25th-75th percentile): $108,015 to $128,919
Entry-Level (10th percentile): $98,460

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Quantitative Software Engineer Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$128,919	$10,743	$2,479	$62
Average	$118,509	$9,876	$2,279	$57
25th Percentile	$108,015	$9,001	$2,077	$52

You may get higher pay by adjusting the following factors:

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Key Factors That Influence Quantitative Software Engineer Salaries

A Quantitative Software Engineer'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 Software Engineer Salaries?

Experience is a primary driver of a Quantitative Software Engineer'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): $115,273
Early Career (1-2 years): $115,757
Mid-Level (2-4 years): $117,369
Senior-Level (5-8 years): $119,304
Expert (over 8 years): $122,189

Levels	Salary
Entry Level Quantitative Software Engineer	$115,273
Intermediate Level Quantitative Software Engineer	$115,757
Senior Level Quantitative Software Engineer	$117,369
Specialist Level Quantitative Software Engineer	$119,304
Expert Level Quantitative Software Engineer	$122,189

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What Am I Worth?

How Do Quantitative Software Engineer 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 Software Engineers. For example, consider the average annual salaries in these key locations:

District of Columbia: $129,274.
California: $128,784.
Massachusetts: $127,068.

District of Columbia $129,274 California $128,784 Massachusetts $127,068 Washington $126,601 New Jersey $126,554 Alaska $126,390 Connecticut $124,779 New York $124,125

Hawaii $122,035 Rhode Island $121,055 Maryland $120,389 Minnesota $119,478 Colorado $119,128 Illinois $119,011 Oregon $118,568 Delaware $118,241

New Hampshire $118,035 Virginia $117,575 Pennsylvania $116,233 Nevada $115,555 North Dakota $115,334 Michigan $114,983 Wisconsin $114,855 Vermont $114,598

Texas $113,886 Maine $113,839 Arizona $113,769 Ohio $113,687 Georgia $112,613 Indiana $112,076 Wyoming $111,971 Utah $111,807

Iowa $111,737 Kansas $111,177 Louisiana $111,013 North Carolina $110,955 Missouri $110,932 Florida $110,476 Montana $110,231 Nebraska $109,998

Kentucky $109,869 South Carolina $109,402 Tennessee $109,110 Idaho $108,994 New Mexico $108,141 Oklahoma $107,954 Alabama $107,266 South Dakota $106,110

Arkansas $105,479 West Virginia $105,141 Mississippi $104,125

Top Paying Cities for Quantitative Software Engineers

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: $122,374
Little Creek: $121,241
Magnolia: $121,744

Lincoln, DE $122,374 Little Creek, DE $121,241 Magnolia, DE $121,744 Milford, DE $122,374 Marydel, DE $120,786 Millsboro, DE $122,374 Millville, DE $123,191 Milton, DE $122,374

Nassau, DE $122,374 Ocean View, DE $123,191 Rehoboth Beach, DE $123,191 Seaford, DE $121,090 Selbyville, DE $123,191 Smyrna, DE $120,646 Viola, DE $121,744 Woodside, DE $121,393

Bear, DE $119,759 Newark, DE $119,805 Claymont, DE $119,899 Delaware City, DE $119,805 Hockessin, DE $119,899 Kirkwood, DE $119,805 Middletown, DE $120,401 Montchanin, DE $119,899

New Castle, DE $119,899 Odessa, DE $120,564 Port Penn, DE $119,478 Rockland, DE $119,899 Saint Georges, DE $119,805 Townsend, DE $120,389 Winterthur, DE $119,899 Lewes, DE $122,374

Wilmington, DE $119,899 Dover, DE $121,183 Dover Afb, DE $121,463 Bethany Beach, DE $123,191 Bethel, DE $121,090 Bridgeville, DE $122,374 Camden Wyoming, DE $121,312 Cheswold, DE $120,903

Clayton, DE $120,599 Dagsboro, DE $123,191 Delmar, DE $121,090 Ellendale, DE $122,374 Felton, DE $122,374 Fenwick Island, DE $123,191 Frankford, DE $123,191 Frederica, DE $122,374

Georgetown, DE $122,374 Greenwood, DE $122,374 Harbeson, DE $122,374 Harrington, DE $122,374 Hartly, DE $120,541 Houston, DE $122,374 Kenton, DE $120,599 Laurel, DE $121,090

Yorklyn, DE $119,899

Quantitative Software Engineer Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Quantitative Software Engineer'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

$108,015

Average $118,509/year

$128,919

$9,001

Average $9,876/month

$10,743

$2,077

Average $2,279/week

$2,479

$52

Average $57/hour

$62

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$128,919	$10,743	$2,479	$62
Average	$118,509	$9,876	$2,279	$57
25th Percentile	$108,015	$9,001	$2,077	$52

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