What will be the average salary of a computer programmer in 2023? (2023)

FAQs

What is the salary outlook for a programmer? ›

Payscale data from December 2022 shows that entry-level computer programmers earn $60,200 per year. According to the BLS, computer programmers overall made an average annual salary of $93,000 as of 2021.

The annual median salary for computer programmers in the US is $74,534 [2]. This figure includes a base salary of $70,115 and a reported additional pay of $4,419 per year. Additional pay may include bonuses, commissions, or profit-sharing.

Yes, a software engineer can make $500,000 a year.

However, $500,000 a year is far higher than the average salary of a software engineer. Software engineers typically earn a salary that falls within the range of $60,000 per year to $130,000 per year.

2023 is the perfect time to learn programming

With high demand, high salaries, and numerous resources available, it's a valuable skill that can open up a world of opportunities. Plus, it's never too late to start. So if you've been considering learning to code, now is the time to take the plunge.

In 2023, the demand for software engineers rose by nearly 17% across all industries, as per Opportunity Desk. The demand of every sector and industry today demands software solutions that can help streamline their work and make it more effective and accurate.

Is demand for computer programmers high or low? ›

The Bureau of Labor Statistics reports employment of developer-related jobs is expected to grow by 25% from 2021 to 2031 — in their words, “much faster than average.” The high demand for programmers and developers is driven by the increasing importance of technology in our lives and a skills gap in the job market.

The national average salary for a computer programmer or coder is $73,473 per year . However, once you specialize in a certain area of coding , you have the potential to earn a higher wage. Salary expectations differ based on your job location and years of experience.

How Much Do Computer Programmer Jobs Pay per Year? $57,500 is the 25th percentile. Salaries below this are outliers. $91,000 is the 75th percentile.

Computer programming is a good career for those who enjoy learning new coding languages and want to work in the technology industry.

Investing is one of the most distinct billionaire jobs. Indeed, working in the investment and finance industry has the potential to earn you big bucks. Often building their fortune as hedge fund managers, investors use interest payments on bonds and stock dividends as their main source of income.

Software engineering is one of the best paid fields to work in. It's definitely possible for Software Engineers to become millionaires.

Software Engineering is a very well paid career field. It's definitely possible to make $200k as a Software Engineer.

2. Python vs Java Developer Salary Comparison. As per the 2021 Stack Overflow Survey, professional Java developers earn $51,888/year globally, whereas dedicated Python developers earn $59,454k/year globally.

While some fields of programming require you to have extensive knowledge of mathematics (such as game development and machine learning), you don't need advanced math skills for most coding jobs.

Is 2 years enough for coding? ›

If you're coding in your spare time it could take anywhere from six months to two years to get an entry-level tech role. If you treat learning how to code like a full-time job then you can break into the industry in as little as three to eight months.

Most coders agree that it takes three to six months to be comfortable with the basics of coding. But you can learn coding faster or slower depending on your preferred pace.

Software developers' average age when writing their first line of code worldwide 2021. The majority of software developers surveyed for this study wrote their first line of code between 11 and 17 years old. However, 14 percent of respondents wrote their first coding line between five to ten years old.

The future is unpredictable for the coding industry

The rapid advancement of technology and artificial intelligence (AI) has sparked discussions and debates on the future of software development. The emergence of no-code and low-code platforms has led some experts to predict the end of coding as we know it.

While AI will certainly have an impact on the field of software engineering, it's unlikely to replace human developers altogether. Instead, AI will complement human skills and help to improve software quality and productivity.

Let's get this out of the way: no, you are not too old to program. There isn't an age limit on learning to code, and there never was. But all too often, insecurity and uncertainty compel older adults to put a ceiling on their achievement potential.

But it is no more true in today's world where programmers themselves become the management guys and start their own start-ups after realizing their abilities and ideas can make them billionaires. Each year, Forbes publishes an updated list ranking the world's billionaires.

Coding is a skill that can be learned at any age. Many people who learn to code later in life go on to have successful tech careers.

How many hours do computer programmers work per week? Typically, computer programmers work an average of 40 hours per week, which comes to eight hours per day, Monday through Friday. They usually work between the hours of 9:00 a.m. and 5:00 p.m or comparable work schedules that are typical to office culture.

Why is computer programmer in demand? ›

It's important, now more than ever, to specialize. The world will need more computer programmers to meet demand in software engineering, web development, mobile development, game development, and many other specialized roles that all heavily rely on programming.

$4,791 is the 25th percentile. Salaries below this are outliers. $7,583 is the 75th percentile. Salaries above this are outliers.

On a typical day, a computer programmer can be involved in many different coding projects. Daily duties might include: Writing and testing code for new programs. Computer programmers work closely with web and software developers to write code for new mobile applications or computer programs.

Yes—you don't need a degree to land a high-paying programming job. But if you don't have a degree, then you'll need to build your expertise through self-learning, independent skill-building, online courses, programming podcasts, and bootcamps.

While most employers require a bachelor's degree, some will hire experienced individuals with an associate's degree or certificate. Computer science, software engineering, and other IT degree programs are ideal for a programming career.

Most computer programmers hold a bachelor's degree in computer programming. Some have an associate degree or self-taught expertise in many programming languages. People also become computer programmers with degrees in related fields, such as mathematics.

Another benefit of a career in programming or development is that it offers a good deal of flexibility. Many programmers and developers can work remotely, and often, they can set their hours.

No, coding is not hard to learn; however, it can initially seem intimidating. When learning anything new, the beginning can be challenging. Coding gets easier over time with patience and persistence. If you're considering learning how to code, it can be easy to focus on the difficulty.

How many years of college do you need to be a computer programmer? ›

A bachelor's degree with significant coursework in computer programming typically takes four years to complete. Completing a certificate program can take months, depending on the pace you work at and your ability to pass the required exams.

In particular, software developers are in high demand within the tech industry. In the age of data, firms need software developers who will analyze the data to create software solutions. They will also use the data to understand user needs, monitor performance and modify the programs accordingly.

Why are computer programming jobs going to decline by so much in the future as stated by north american governments? Advances in software engineering, and, in particular, in computer-aided programming, will reduce the need for programmers.

What Is the Average Salary of a Computer Programmer? According to Payscale, the average salary of a computer programmer is $66,293 per year, but it can vary based on how long you've been working in the field and your experience level. Programmers earn up to $12,000 in bonuses and $20,000 in profit sharing.

The Bureau of Labor Statistics predicts that computer programmer employment may decline by 10% from 2021 to 2031. This is because companies sometimes outsource computer programming jobs to countries that pay lower wages, as you can complete the job duties of a computer programmer from anywhere in the world.

The Bureau of Labor Statistics reports employment of developer-related jobs is expected to grow by 25% from 2021 to 2031 — in their words, “much faster than average.” The high demand for programmers and developers is driven by the increasing importance of technology in our lives and a skills gap in the job market.

How can I make money with my coding skills? Coders can mostly make money by working full-time roles, freelancing, or by publishing apps, eBooks and online courses. In general, you can make money by either writing code, or teaching others how to do it.

“But is coding still in demand in 2023?” you ask. The answer is a resounding yes. The demand for skilled programmers continues to skyrocket as we dive deeper into the digital age.

Well over one-third (37%) of respondents to a recent industry survey reported that recruiting developers with the needed skills would continue to be a challenge through 2023.

Can I be a millionaire as a developer? ›

Yes, a software engineer can become a millionaire.

While compensation varies based on experience, some software engineers can earn nearly one million annually. The average salary for a software engineer in 2022 was $118,000 per year. The keys to earning huge salaries depend on time and place.

The median yearly total compensation reported at 10x Genomics for the Software Engineer role is $221,000.

However, some programmers work additional hours to finish coding, troubleshoot errors, meet deadlines and oversee multiple projects simultaneously. This might increase the work hours to extra 10 hours per week, making them work around 50 hours per week.

Most coders agree that it takes three to six months to be comfortable with the basics of coding. But you can learn coding faster or slower depending on your preferred pace.

No, coding is not hard to learn; however, it can initially seem intimidating. When learning anything new, the beginning can be challenging. Coding gets easier over time with patience and persistence. If you're considering learning how to code, it can be easy to focus on the difficulty.