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How much does a Software Engineer make in Waterloo, ON?

The average salary for a Software Engineer is $107,834 per year in Waterloo, ON.

Software Engineers in Waterloo, ON, earn a competitive salary that reflects their skills and the city's thriving tech scene. On average, a Software Engineer can expect to make around $107,834 per year. This figure can vary based on experience and specific role.


Here is a breakdown of salary ranges for Software Engineers in Waterloo, ON:

  • The lowest 5% earn around $44,809 annually.
  • The next 5% make between $55,259 and $65,709.
  • Another 5% earn between $65,709 and $76,159.
  • A further 5% make between $76,159 and $86,609.
  • The next 5% earn between $86,609 and $97,059.
  • A majority, or 20.42%, make between $97,059 and $107,509.
  • Another 5% earn between $107,509 and $117,959.
  • The top 5% earn between $117,959 and $128,409 annually.
  • The very top 2.66% earn between $128,409 and $138,859.
  • An elite 2.66% earn over $149,309.
This information can help job seekers set realistic expectations and understand the earning potential in the field.

Software Engineer jobs in Waterloo, ON

What are the highest paying cities for a Software Engineer near Waterloo, ON?

Job seekers near Waterloo, ON, can find high salaries for software engineers in several cities. Toronto leads with an average salary of $94,827, making it the highest-paying area for these jobs. Mississauga and Oakville follow closely with average salaries of $83,309 and $81,055, respectively. Apart from Toronto, cities like Hamilton, Kitchener, and Guelph also offer competitive salaries, ranging from $75,668 to $68,428. These areas provide great opportunities for those looking to advance their careers in software engineering.
Graph displaying highest paying cities salaries for Software Engineer jobs near Waterloo, ON, highlighting Toronto, ON with the highest at $94,827 and Burlington, ON with the lowest at $52,962.
  1. Toronto, ON
    Average Salary: $94,827
    Toronto offers a vibrant tech scene with numerous opportunities. Major firms like Shopify and Airbnb attract talent. The city buzzes with innovation and career growth.
    Find Software Engineer jobs in Toronto, ON


  2. Mississauga, ON
    Average Salary: $83,309
    Mississauga is a hub for technology with many startups and established companies. Working here, you can find roles at companies like IBM and Cognizant. The environment fosters learning and development.
    Find Software Engineer jobs in Mississauga, ON


  3. Oakville, ON
    Average Salary: $81,055
    Oakville has a growing tech industry. Companies such as IBM and CGI provide exciting career options. The city’s proximity to Toronto offers additional job opportunities and networking events.
    Find Software Engineer jobs in Oakville, ON


  4. Hamilton, ON
    Average Salary: $75,668
    Hamilton offers a mix of tech companies and innovative startups. You can work with firms like GE and Rockwell Automation. The city provides a balance of modern tech and a rich industrial heritage.
    Find Software Engineer jobs in Hamilton, ON


  5. Kitchener, ON
    Average Salary: $68,428
    Kitchener boasts a thriving tech ecosystem. Companies such as BlackBerry and SAP offer diverse roles. The city’s community support and modern infrastructure make it a great place to work.
    Find Software Engineer jobs in Kitchener, ON


  6. Guelph, ON
    Average Salary: $67,951
    Guelph is known for its educational institutions and tech startups. The presence of companies like OpenText and IBM drives growth. Working here, you’ll find a supportive community and plenty of professional development.
    Find Software Engineer jobs in Guelph, ON


  7. Brampton, ON
    Average Salary: $66,939
    Brampton has a growing tech sector with opportunities at firms like Huawei and Cognizant. The city’s diverse community and infrastructure make it a great place to live and work.
    Find Software Engineer jobs in Brampton, ON


  8. London, ON
    Average Salary: $60,273
    London offers a blend of tech innovation and historical charm. Companies such as OpenText and TELUS provide dynamic job opportunities. The city’s cost of living and quality of life are attractive benefits.
    Find Software Engineer jobs in London, ON


  9. Cambridge, ON
    Average Salary: $59,570
    Cambridge has a vibrant tech scene with opportunities at companies like TELUS and IBM. The city’s small-town feel and proximity to larger cities offer a balanced lifestyle.
    Find Software Engineer jobs in Cambridge, ON


  10. Burlington, ON
    Average Salary: $52,962
    Burlington is home to several tech companies including IBM and CGI. The city’s suburban charm and access to amenities make it an appealing place to work.
    Find Software Engineer jobs in Burlington, ON

What are the best paying companies for a Software Engineer in Waterloo, ON?

Google leads the way in Software Engineer salaries in Waterloo, ON, with an average salary of about $130,569. PlayStation offers a strong package, with Software Engineers earning around $104,276 on average. OpenText also provides competitive compensation, with an average salary of $97,087. These companies are well-known for their innovation and growth in the tech sector. They offer not only high salaries but also opportunities for career development and advancement. Pursuing a Software Engineer role with any of these companies can provide a rewarding and lucrative career path.
Graph displaying best paying company salaries for Software Engineer jobs in Waterloo, ON, highlighting Google with the highest at $130,569 and Manulife with the lowest at $73,750.
  1. Google
    Average Salary: $130,569
    Google offers exciting Software Engineer positions in various locations, including Waterloo, ON. As a global tech leader, Google provides innovative projects and a dynamic work environment. Employees enjoy career growth and the chance to work on cutting-edge technology.


  2. PlayStation
    Average Salary: $104,276
    PlayStation provides rewarding Software Engineer jobs in Waterloo, ON. This company focuses on gaming technology and offers unique opportunities to develop interactive games. PlayStation values creativity and teamwork, making it an excellent place to advance your career in software engineering.


  3. OpenText
    Average Salary: $97,087
    OpenText is a leader in enterprise information management and offers competitive Software Engineer salaries in Waterloo, ON. The company operates globally, providing innovative solutions. OpenText provides a chance to work on complex projects and grow your skills in a supportive environment.


  4. Sun Life
    Average Salary: $83,722
    Sun Life offers Software Engineer positions in Waterloo, ON, with a focus on financial technology. The company operates internationally, providing a chance to work on impactful projects. Sun Life values collaboration and offers a chance to make a difference in people’s lives through technology.


  5. Ford Motor Company
    Average Salary: $80,366
    Ford Motor Company provides Software Engineer roles in Waterloo, ON, focusing on automotive technology. As a renowned global company, Ford offers innovative projects and the chance to contribute to the future of transportation. Employees enjoy a strong focus on safety and quality.


  6. RideCo
    Average Salary: $75,347
    RideCo offers Software Engineer jobs in Waterloo, ON, with a focus on ride-sharing technology. The company operates globally, providing a chance to develop smart mobility solutions. RideCo values innovation and teamwork, making it an exciting place to advance your software engineering career.


  7. Manulife
    Average Salary: $73,750
    Manulife provides Software Engineer positions in Waterloo, ON, with a focus on financial technology. The company operates internationally, offering a chance to work on innovative solutions. Manulife values customer-focused innovation and offers a supportive environment for career growth.

Currently 7,419 Software Engineer job openings, nationwide.

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Software Engineer
7,419 Job Openings