How much money do computer programmers make?

Management consultancy McKinsey reports that 43% of companies have skills gaps. Additionally, the lack of tech talent could cost up to $162 billion in annual lost revenue by 2030, slowing innovation and progress. Technology-focused companies pay higher wages than companies in other sectors, but actual numbers vary based on a candidate’s work experience, skill set, and location.

According to the Bureau of Labor Statistics (BLS), computer programmers make about $93,000 a year. Those who work for software development companies make more than $102,000 a year — and some make over $155,000. These professionals often wear multiple hats and work full-time depending on their job responsibilities. For example, you may need to design software programs, test mobile apps, or implement security patches—especially if you work for a startup or small business with limited resources. Big companies like Microsoft and Google usually have clearly defined roles and everyone knows who is responsible for what.

Some programmers work independently, allowing them to set their own rates. Basically, their income potential is unlimited. If you’re just starting out, sign up on platforms like Upwork, Indeed, Toptal, or Dice to connect with potential customers. In the meantime, reach out to local businesses who may need your services. You can also contribute to open source projects like Django, OpenCV, Monero and Jenkins to build your portfolio and gain experience.