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Principal Software Engineer salary in Chicago, IL
How much can you earn as a Principal Software Engineer in Chicago, IL?Principal Software Engineer in Chicago, IL earn an average of $64.13 per hour, approximately $11,111 per month or $133,333 per year. Salary for Principal Software Engineer typically range from $126K to $175K annually, depending on skills, experience, and employer.
Average Salary Overview – Principal Software Engineer, Chicago, IL
Being a Principal Software Engineer in Chicago, IL, comes with a handsome compensation. The average salary and total compensation ranges are competitive and align with the general U.S. market context. Here's a detailed look at the salary figures.
| Percentile | Average Salary (USD) | Total Compensation (USD) |
|---|---|---|
| 25th | 115,000 | 125,000 |
| 50th (Median) | 135,000 | 150,000 |
| 75th | 155,000 | 175,000 |
Principal Software Engineer Salary by Experience Level
The salary of a Principal Software Engineer varies based on the years of experience. Here's how it breaks down:
| Years of Experience | Estimated Total Compensation (USD) |
|---|---|
| 0-2 years | 105,000-120,000 |
| 3-5 years | 120,000-145,000 |
| 6-10 years | 145,000-170,000 |
| 10+ years | 170,000-200,000+ |
Related Roles & Salaries
Here are some related roles and their typical salary ranges in Chicago, IL:
| Related Role | Typical Salary Range (USD) |
|---|---|
| Software Engineer | 85,000-120,000 |
| Senior Software Engineer | 110,000-155,000 |
| Software Architect | 130,000-170,000 |
| Software Development Manager | 135,000-185,000 |
| Software Engineer Lead | 115,000-160,000 |
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