Applications Software Developers Salary in Sector of Finance and Insurance

The salary statistics of applications software developers in the industry sector of finance and insurance are shown in Table 1. In Table 2 we compare applications software developers salaries in different industries within the finance and insurance sector.

Average Annual Salary of Applications Software Developers

Percentile BracketAverage Annual Salary
10th Percentile Wage
$65,900
25th Percentile Wage
$83,640
50th Percentile Wage
$105,170
75th Percentile Wage
$128,460
90th Percentile Wage
$157,100

Table 1 shows the average annual salary for applications software developers in the industry sector of finance and insurance. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) applications software developers is $157,100. The median annual salary (50th percentile) is $105,170. The average annual salary for the bottom 10 percent paid applications software developers is $65,900.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of applications software developers in the industry sector of finance and insurance from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$105,170
3.47% 12.55%
2016
$101,520
2.55% -
2015
$98,930
2.70% -
2014
$96,260
2.13% -
2013
$94,210
2.38% -
2012
$91,970
- -

Compare Applications Software Developers Salary in Different Industries within the Finance and Insurance Sector

The average salaries of applications software developers in 22 industries in the finance and insurance sector are shown below. We note that within this industry sector, the salaries vary among different industries. The highest paying industry for applications software developers occupations is the securities and commodity exchanges industry with an annual salary $120,760. The lowest paying industry is the insurance and employee benefit funds industry (annual salary $88,250). For detailed applications software developers salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Securities and Commodity Exchanges
$120,760
Securities and Commodity Contracts Intermediation and Brokerage
$120,330
Monetary Authorities-Central Bank
$118,450
Monetary Authorities-Central Bank
$118,450
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
$118,000
Funds, Trusts, and Other Financial Vehicles
$115,530
Other Financial Investment Activities
$112,600
Credit Intermediation and Related Activities
$110,110
Credit Intermediation and Related Activities
$110,100
Nondepository Credit Intermediation
$110,070
Other Investment Pools and Funds
$108,790
Other Nondepository Credit Intermediation
$105,710
Depository Credit Intermediation
$103,150
Activities Related to Credit Intermediation
$101,340
Insurance Agencies and Brokerages
$96,680
Agencies, Brokerages, and Other Insurance Related Activities
$96,470
Other Insurance Related Activities
$96,350
Insurance Carriers and Related Activities
$96,260
Insurance Carriers
$96,210
Direct Health and Medical Insurance Carriers
$94,930
Direct Insurance (except Life, Health, and Medical) Carriers
$93,690
Insurance and Employee Benefit Funds
$88,250

Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2017 and published in April 2018 [1].




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Highest paying cities for applications software developers

Highest paying industries for applications software developers.