Interview Query

Morningstar Software Engineer Salary

IQ Team
Written by IQ Team
IQ Team
Published March 24, 2022
Estimated reading time: 7 minutes
Table of contents

$99,884

Average Base Salary

$9,598

Average Total Compensation

Min: $60K
Max: $171K
Base Salary
Median: $92K
Mean (Average): $100K
Data points: 490
The average base salary for a Software Engineer at Morningstar is $99,884
based on 490 data points.
Adjusting the average for more recent salary data points, the average recency weighted base salary is $112,207.

The estimated average total compensation is $9,598
based on 477 data points.
The average recency weighted total compensation is $17,592.

View the full Software Engineer at Morningstar interview guide

Normalized Morningstar Software Engineer Salaries


Average total compensation
0% - Low
15%85%
Cost of living
0% - Low
15%85%
Years of experience
0% - Low
15%85%

The average base salary for Software Engineer at Morningstar is in the top 32% compared to all other companies salaries.

The average base salary for Software Engineer at Morningstar is $99,884 while the average Software Engineer base salary is $116,493.

If we normalize the salaries at Morningstar by the cost of living, then the average base salary for Software Engineer at Morningstar is in the top 22% compared to all other companies.

If we normalize the salaries at Morningstar by the years of experience, then the average base salary for Software Engineer at Morningstar is in the top 28% compared to all other companies.

Morningstar Software Engineer Salary by Seniority Levels

Manager*
$119K
$161K
Manager
Median: $135K
Mean (Average): $138K
Data points: 4
Senior
$87K
$143K
Senior
Median: $104K
Mean (Average): $109K
Data points: 21
Mid-Level
$77K
$126K
Mid-Level
Median: $92K
Mean (Average): $96K
Data points: 7
Entry Level*
$55K
$106K
Entry Level
Median: $68K
Mean (Average): $75K
Data points: 4
Base salary
Median
Mean (Average)
* = Low confidence (less than 5 data points)

Seniority can increase the pay of a Software Engineer at Morningstar. Here are the base salaries of a Software Engineer at Morningstar grouped into 4 seniority categories.

Morningstar Software Engineer Salary Compared to other Positions

Software Engineer
$60K
$171K
Software Engineer
Median: $92K
Mean (Average): $100K
Data points: 490
Data Scientist
$80K
$119K
Data Scientist
Median: $103K
Mean (Average): $99K
Data points: 5
Data Engineer
$82K
$102K
Data Engineer
Median: $92K
Mean (Average): $93K
Data points: 14
ML Engineer
$64K
$120K
ML Engineer
Median: $80K
Mean (Average): $91K
Data points: 11
Business Analyst
$60K
$111K
Business Analyst
Median: $65K
Mean (Average): $83K
Data points: 11
Data Analyst
$56K
$116K
Data Analyst
Median: $75K
Mean (Average): $79K
Data points: 19
Product Analyst*
$74K
Product Analyst
Median: $74K
Mean (Average): $74K
Data points: 1
Base salary
Median
Mean (Average)
* = Low confidence (less than 5 data points)

Most data science positions fall under different position titles depending on the actual role.

From the graph we can see that on average the Software Engineer role pays the most with a $99,884 base salary while the Product Analyst role on average pays the least with a $73,500 base salary.

Top Cities for Morningstar Software Engineer Salaries

Chicago, IL
$60K
$171K
Chicago, IL
Median: $90K
Mean (Average): $99K
Data points: 313
Toronto, Canada*
$95K
Toronto, Canada
Median: $95K
Mean (Average): $95K
Data points: 1
Wichita, KS
$56K
$107K
Wichita, KS
Median: $92K
Mean (Average): $90K
Data points: 18
Base salary
Median
Mean (Average)
* = Low confidence (less than 5 data points)

The Software Engineer salary in Chicago, IL is the highest paying salary with a $99,159 average base salary. The Software Engineer salary in Wichita, KS is the lowest paying salary with $89,590 average base salary.

Morningstar Software Engineer Salary Compared to other Companies

Netflix
$200K
$714K
Netflix
Median: $475K
Mean (Average): $482K
Data points: 242
Roku Inc.
$144K
$425K
Roku Inc.
Median: $286K
Mean (Average): $293K
Data points: 178
Smartnews
$210K
$324K
Smartnews
Median: $220K
Mean (Average): $242K
Data points: 5
Rivian and Volkswagen Group Technologies
$188K
$271K
Rivian and Volkswagen Group Technologies
Median: $226K
Mean (Average): $229K
Data points: 9
Noom
$159K
$279K
Noom
Median: $240K
Mean (Average): $227K
Data points: 12
Ramp
$150K
$292K
Ramp
Median: $245K
Mean (Average): $226K
Data points: 11
Chan Zuckerberg Initiative
$166K
$270K
Chan Zuckerberg Initiative
Median: $230K
Mean (Average): $222K
Data points: 10
Latitude AI
$206K
$235K
Latitude AI
Median: $222K
Mean (Average): $221K
Data points: 6
Roblox
$142K
$327K
Roblox
Median: $196K
Mean (Average): $207K
Data points: 78
Pdt Partners
$180K
$229K
Pdt Partners
Median: $200K
Mean (Average): $206K
Data points: 5
Gemini
$165K
$237K
Gemini
Median: $207K
Mean (Average): $202K
Data points: 14
Chime
$165K
$248K
Chime
Median: $200K
Mean (Average): $200K
Data points: 28
Cruise Automation, Inc.
$140K
$281K
Cruise Automation, Inc.
Median: $193K
Mean (Average): $198K
Data points: 119
Jane Street
$135K
$280K
Jane Street
Median: $200K
Mean (Average): $197K
Data points: 13
Morningstar
$60K
$171K
Morningstar
Median: $92K
Mean (Average): $100K
Data points: 490
Base salary
Median
Mean (Average)
* = Low confidence (less than 5 data points)
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The Software Engineer at Netflix salary is the highest paying salary with a $482,214 average base salary. The Software Engineer at Healthedge salary is the lowest paying salary with $41,374 average base salary.
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