How Much Do Machine Learning Software Engineers Make?
Having a clear understanding of earnings potential is important, especially if you are researching career paths or considering changing jobs. If you're one of those people, and you're curious what kind of salary machine learning software engineers make, you've come to the right place.
Using data from Lightcast,™ the Best Adult Colleges and Careers Guide has compiled rich information about salary for machine learning software engineers and related jobs, including details about average compensation, salary trends and job growth. We've also gathered advertised salaries from actual job postings to provide insight into what employers of machine learning software engineers are offering as compensation.
Keep reading to learn more about how much machine learning software engineers can expect to make in the United States.
At a Glance: Salary & Jobs for Machine Learning Software Engineers
According to data from 2023, there were about 195,214 positions for machine learning software engineers in the United States. In terms of salary, the national median salary for machine learning software engineers was reported to be $108,014. Additionally, when examining job demand, employers across the country posted 213,669 job postings related to positions for machine learning software engineers.
How Much Money Do Machine Learning Software Engineers Make?
Median salary is just one data point. To build a better understanding of how much money machine learning software engineers and related positions can expect to make in the United States, it can be helpful to look at the full range of compensation for those jobs.
Let's look more deeply at data that was reported to the U.S. Bureau of Labor Statistics (BLS) for detail into the lowest and highest salary earnings for machine learning software engineers.
Annual Salary for Machine Learning Software Engineers
According to the BLS, the lowest earners for machine learning software engineers and related professions earned about $61,069 per year in 2023. Meanwhile, at the other end of the spectrum, the highest earners made about $184,101 annually.
As mentioned previously, the median salary for machine learning software engineers in the United States in 2023 was $108,014.
Annual Salary Range For Machine Learning Software Engineers In 2023
Hourly Salary for Machine Learning Software Engineers
The BLS also breaks down compensation for machine learning software engineers by hourly salary, and the median average hourly pay for machine learning software engineers in 2023 was $52. Lowest hourly earners took home $29 while the highest reported hourly salaries for machine learning software engineers was $89.
Hourly Salary Range For Machine Learning Software Engineers In 2023
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Advertised Compensation for Machine Learning Software Engineers
Data from the BLS is one way to dig into compensation for machine learning software engineers, but another way to build a more real-time understanding of salary is to look at actual job postings and see what compensation organizations are currently providing to fill open positions for machine learning software engineers.
Keep in mind that salary data is not included in every job posting, so the information compiled here is reflective of the data available through Lightcast.™
Annual Salary from Job Postings for Machine Learning Software Engineers
Advertised Annual Salary
During a review of 283,789 job postings related to machine learning software engineers, advertised salary was included in 97,889 of them, which was 34%. Based on those postings, the median advertised salary for machine learning software engineers was $125,312 per year.
Hourly Salary from Job Postings for Machine Learning Software Engineers
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for machine learning software engineers. Based on 46% of postings with advertised compensation, the median hourly salary for open positions for machine learning software engineers in the United States is about $60.
Salary Trend for Machine Learning Software Engineers
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for machine learning software engineers. The chart below provides a snapshot of advertised salaries over the past three years.
Based on compensation data that was included in job postings for machine learning software engineers dating back to September 2020, advertised salaries for machine learning software engineers have increased 34%.
Advertised Wage Trend For Machine Learning Software Engineers
What's the Job Growth for Machine Learning Software Engineers?
Another data point that someone thinking about a career path should consider is whether or not jobs are expected to see growth in the future. The chart below looks at projected employment for machine learning software engineers over the next 10 years.
According to the data obtained through Lightcast,™ there were 195,161 jobs for machine learning software engineers in the United States in 2023. By 2033, it is expected that about 70,559 jobs will be added. That's a 36.2% increase over the next 10-year period.
Employment Projections For Machine Learning Software Engineers
Additional Links
Ready to dig deeper into career information about machine learning software engineers? Visit our other pages focused on salary and education for machine learning software engineers.
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Machine Learning Software Engineers: How do you become one?
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