How much does a Software Engineer make 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.
What are the highest paying cities for a Software Engineer near Waterloo, ON?

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

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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.
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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.
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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.
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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.
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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.
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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.
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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.
What are the best paying Software Engineer related jobs in Waterloo, ON?

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UI/UX Designer
Average Salary: $103,726
These professionals create user interfaces and improve the user experience. They work closely with software engineers to understand coding capabilities and limitations. Companies like Shopify and Blackberry in Waterloo offer exciting opportunities in this field.
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DevOps Engineer
Average Salary: $100,257
These engineers automate and improve software development processes. They bridge the gap between development and operations. In Waterloo, talent is sought by firms like Hootsuite and Communitech.
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Machine Learning Engineer
Average Salary: $100,232
These engineers develop models and algorithms for data analysis. They work on making systems smarter and more efficient. In Waterloo, companies like Inpher and various tech startups are always on the lookout for skilled engineers.
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Cloud Engineer
Average Salary: $95,537
These professionals manage cloud infrastructure and services. They ensure that systems run smoothly on the cloud. With companies like OpenText and others in the area, there are many opportunities to grow in this role.
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Technical Support Engineer
Average Salary: $91,176
They provide assistance to users facing technical issues. Their role involves troubleshooting and problem-solving. In Waterloo, firms like Cisco and others offer dynamic environments to learn and grow.
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Product Manager
Average Salary: $81,573
They oversee the development of products. They work with cross-functional teams to bring products to market. Talented individuals in Waterloo can find opportunities at companies like Shopify and Hootsuite.
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Site Reliability Engineer
Average Salary: $80,554
These engineers ensure system reliability and performance. They work to prevent system downtime. Local tech companies like Communitech and others need professionals in this field.
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Data Engineer
Average Salary: $76,156
They design and build systems for data collection and analysis. Their work is crucial for making informed business decisions. Companies in Waterloo, like OpenText, are in need of skilled data engineers.
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Systems Engineer
Average Salary: $72,329
They manage and maintain IT systems. They ensure systems are running efficiently and securely. In Waterloo, firms like BlackBerry are always looking for qualified systems engineers.
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Security Engineer
Average Salary: $62,007
These engineers protect systems from cyber threats. They implement security measures and monitor for vulnerabilities. Waterloo companies like Inpher value expertise in this area.
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