As of April 01, 2025, the average annual salary for a Software Engineer V in New Mexico is $167,887. Salary.com reports that pay typically ranges from $152,734 to $184,744, with most professionals earning between $138,937 and $200,091.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $199,464 | $16,622 | $3,836 | $96 |
| Average | $181,264 | $15,105 | $3,486 | $87 |
| 25th Percentile | $164,903 | $13,742 | $3,171 | $79 |
An entry-level Software Engineer V with under 1 year experience makes about $156,408. With less than 2 years of experience, a mid-level Software Engineer V makes around $157,480. After 2-4 years, the Software Engineer V pay rises to about $157,909. Those senior Software Engineer V with 5-8 years of experience earn roughly $160,055, and those Software Engineer V having 8 years or more experience are expected to earn about $167,453 on average.
| Levels | Salary |
|---|---|
| Entry Level Software Engineer V | $156,408 |
| Intermediate Level Software Engineer V | $157,480 |
| Senior Level Software Engineer V | $157,909 |
| Specialist Level Software Engineer V | $160,055 |
| Expert Level Software Engineer V | $167,453 |
| Entry Level | 14% |
| Mid Level | 13% |
| Senior Level | 13% |
| Top Level | 12% |
| Experienced | 8% |
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Software Engineer V salary varies from city to city. Compared with national average salary of Software Engineer V, the highest Software Engineer V salary is in San Francisco, CA, where the Software Engineer V salary is 24.9% above. The lowest Software Engineer V salary is in Miami, FL, where the Software Engineer V salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $226,381 |
24.9%
|
| Washington, DC | $200,696 |
10.7%
|
| Miami, FL | $174,159 |
|
| Chicago, IL | $187,318 |
3.3%
|
| Boston, MA | $202,164 |
11.5%
|
| New York, NY | $210,067 |
15.9%
|
