Data Engineer Salary for 2024
Data Engineer Salary Analysis
With salary data for over 120 job titles across tech and expert trends and insights, Motion’s 2024 Tech Salary Guide is what Data Engineers need to fully understand the current job market.
While Data Engineering salaries grew 2% year-over-year, download Motion’s 2024 Tech Salary Guide today to learn how data engineers and the rest of the IT community are dealing with the current challenges and opportunities in the tech industry.
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Data Engineer Salary and Tech Market Insights for 2024
Tech Talent Shortage Continues to be in High Deman,
Even with layoffs at the start of the year, businesses in the United States are still constantly looking for top data engineer talent.
In fact, the Bureau of Labor Statistics estimates a 35% increase in data jobs, over the next 8 years, but only a fraction of that is mirrored in the estimated talent pool to increase supply. This increasing need highlights the lack of workers with the necessary data science skills companies need. This increasing need has led to a lack of workers with the necessary data engineering skills companies need.
Data Engineer Salaries Begin to Stagnate.
With the continued economic uncertainty, Data Engineer salary growth slowed throughout North America, rising only 2% year-over-year, on par with the national overall tech salary increase.
However, the low unemployment rate of Data Engineer workers shows that the industry should further grow in the future - especially with over 18,000 open data jobs to fill at any moment in time.
Data Engineer Market Research
Data Engineer Salary FAQs
What is the average Data Engineer Salary in 2024?
The average Data Engineering salary in 2024 for mid-level workers is $143,808 and for senior-level workers is $158,451. These figures can vary from city to city as well as fully remote roles, with regions like San Fransico and the greater Bay Area, Seattle and Silicon Valley seeing over 30% higher salaries versus the national average and other cities in North America.
How much did Data Engineer Salaries increase in 2023?
Data Engineering salaries increased on average by 2% year-over-year, which is equal to the IT industry average in 2023. The flattening of data engineering salaries (and tech salary figures overall) is mainly an adjustment to the incredible growth of the IT market in 2021 and 2022. The past few years had a combination of companies looking for rapid growth and a dearth of skilled tech workers, resulting in double-digit YOY salary growth for many workers. While companies are still hiring, businesses are becoming slightly more cautious in their spending.
Data Engineering Trends and Expert Advice
"With newer industries like autonomous tech raising already high demand for data talent, companies need to offer above-market pay rates and great work/life balance. Hiring managers may have to prioritize “needs” vs. “wants” and be flexible when it comes to hiring the specialized talent they need to complete projects on time."
Executive Team Partner
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