Salary Comparison

Project Manager vs Software Engineer Salary

Software Engineers earn approximately 26.5% more than Project Managers nationally — $124,000 vs $98,000.

Project Manager
$98,000
national median annual
Hourly (40 hr × 52 wk)
$47
Biweekly (26 paychecks)
$3,769
Monthly
$8,167
Category
Business
Software Engineer
$124,000
national median annual
Hourly (40 hr × 52 wk)
$60
Biweekly (26 paychecks)
$4,769
Monthly
$10,333
Category
Tech
Difference
Annual difference
Software Engineer earn more than Project Manager
+$26,000
Percentage difference
+26.5%
Hourly difference
+$13/hour
Monthly difference
+$2,167/month
Lifetime difference (40-yr career)
Naive — doesn't include compounding raises
+$1,040,000

Software Engineers earn approximately $26,000 more per year than Project Managers — about 27% — with comparable entry requirements.

Pay range, not just the median

The medians hide most of what matters. Project Manager pay runs from roughly $52,700 at the low end to $132,900 at the high end; Software Engineer runs $76,000 to $208,000. Where you land inside that band depends far more on specialization, employer, and metro than on the job title.

Where each field is heading

The Bureau of Labor Statistics projects Project Manager employment to grow 6% over the decade to 2034 — growing faster than average — against growth of 15% for Software Engineer.

Growth rate is not the same thing as opportunity. Project Manager roles see roughly 65,200 openings a year and Software Engineer roles about 140,100, counting replacements for people who retire or leave. Software Engineer has the larger raw number, which is usually what you feel when actually job hunting — a small field growing fast can still be harder to break into than a large flat one.

What the work is actually like

Project Manager: Office setting, most industries; occasional client-site travel. Software Engineer: Office or remote, writing/testing code at a computer most of the day.

Moving between the two

Crossing between Business and Tech means rebuilding credentials and network from close to zero — the day-to-day skills do not carry, and neither does the résumé. Common entry point from operations, IT, or construction coordinator roles; PMP certification is portable across industries and often required for senior openings. Adjacent fields (data engineering, DevOps, QA automation) transfer easily since the core skill is programming; switching in from a non-technical field usually requires 6-12 months of self-study plus shipped projects to pass interviews.

If you are entering rather than switching: Project Manager — Bachelor's degree in business, IT, or a technical field, then 2-3 years coordinating projects before earning the title; a CAPM or PMP certification accelerates the jump to lead PM. Software Engineer — CS bachelor's degree with internships during school is the dominant path; a smaller share enter via coding bootcamp plus a public GitHub portfolio and pass technical interviews without a CS degree.

Pay ranges, education requirements, and employment projections come from the Bureau of Labor Statistics Occupational Outlook Handbook and Occupational Employment and Wage Statistics. See our methodology for how these are compiled and updated.

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Frequently Asked Questions

Who earns more, a Project Manager or a Software Engineer?
Software Engineers earn more at the median — approximately $124,000 a year against $98,000, a gap of $26,000 or 27%. The ranges overlap though: Software Engineer pay starts around $76,000 and Project Manager pay reaches about $132,900 at the top, so an experienced Project Manager can out-earn a new Software Engineer.
Which has the better job outlook, Project Manager or Software Engineer?
Software Engineer, by the BLS projections: +15% employment change through 2034 versus +6% for Project Manager. Openings matter as much as growth rate — Project Manager averages about 65,200 openings a year and Software Engineer about 140,100, including replacement of workers who leave the field.
Are these national figures or specific to where I live?
These are US national medians, which no individual actually earns. Project Manager pay in a coastal metro and in a rural county can differ by half, and Software Engineer does not track it in lockstep — so the ranking between these two careers can flip depending on where you are.