tops in tech

Houston cashes in with some of the highest salaries in Texas for this in-demand tech job

Houston is a top-paying city in Texas for software engineers.

Photo by Laurence Dutton/Getty Images

It really pays to be a software engineer in Houston, new data shows.

According to figures collected by the professional social network Blind, Houston appears at No. 2 on this list of the best-paying Texas cities for software engineers. Here, the average annual salary is $111,625, and the average annual compensation is $137,987.

“Long before Austin became a magnet for jobs, there was Houston. Long a hub for the aerospace, defense, and energy industries, the aptly named Space City has been a go-to place for a job in tech,” Blind says.

Among the Houston tech employers mentioned by Blind are Aspen Technology, Cisco, Intel, Microsoft, and SAP.

Software engineers, also known as software developers, create and test apps, computer software, and related technology. The U.S. Bureau of Labor Statistics identifies software developer as one of the most in-demand jobs for 2020 to 2030. The bureau projects the need for an additional 409,500 software developers in the U.S. during that period.

“In nearly every industry, we’re facing a global talent shortage,” says KMS Technology, an Atlanta-based provider of software development, testing, and consulting services. “When it comes to software development, however, the shortage is perhaps the most severe. Companies are struggling to find qualified software engineers to fill jobs, and it’s happening in record numbers.”

Therefore, software engineers continue to be among the highest-paid workers in the country.

Elsewhere it Texas, and not surprisingly given its reputation as a tech hub, Austin ranks as the best-paying city in Texas for software engineers, per Blind. There, the annual base salary for a software engineer is $128,524, and the average annual compensation package (including salary, stock options, bonuses, and other goodies) is $171,981.

“It may be no surprise that Austin is No. 1, as the state capital is home to some of the largest tech giants,” Blind says.

Blind rattles off several tech companies with a big presence there: Apple, Amazon, Dell, Facebook, Google, PayPal, Tesla, and TikTok.

The typical pay for a software engineer in Austin stands in stark contrast to the typical pay for all workers here. Estimates vary widely, but PayScale puts the average local salary at $74,000 a year.

Meanwhile, Dallas ranks third on the Blind list. In Big D, the average annual salary is $113,517, and the average annual compensation is $132,788.

Prominent tech employers in Dallas include FireEye, Match, Palo Alto Networks, and Texas Instruments, according to Blind.

The Dallas suburb of Plano comes in at No. 4. The average annual salary for a software engineer in Plano is $107,251, while the average annual compensation is $121,127.

“North Texas is experiencing strong job growth, and Plano has benefited from the boom,” Blind says.

High-profile tech employers in Plano include IBM, Intuit, Juniper Networks, Red Hat, and Splunk, according to Blind.

Rounding out the top five in Texas is San Antonio. There, the average annual salary for a software engineer is $94,626, and the average annual compensation is $105,254.

San Antonio tech employers highlighted by Blind include Fiserv, iHeartMedia, Oracle, Rackspace, and ServiceNow.

technology rankings bests

New money

Texas Stock Exchange rings opening bell on 'Y'all Street'

Photo by Oren Elbaz on Unsplash

TXSE was the first national securities exchange to receive SEC approval in decades.

Two-step aside, New York Stock Exchange and Nasdaq. The Texas Stock Exchange, nicknamed Y’all Street, just kicked off live trading with five stocks for now — and with lots of Lone Star ambition.

“The Texas Stock Exchange aims to revitalize competition for [stock] issuers, establish the premier venue for listings, and create a world-class trading platform for all market participants,” the exchange says in a fact sheet.

The exchange — whose Texas-influenced nickname is a nod to New York City’s Wall Street — has collected at least $275 million in investments. The roughly 90 financial backers of TXSE include Bank of America, BlackRock, Charles Schwab, Citadel Securities, Dell Family Office, Fortress, Goldman Sachs, and JPMorgan Chase.

Representatives of TXSE couldn’t be reached for comment. On its website, the exchange calls itself “the most well-capitalized equities exchange to ever be approved” by the U.S. Securities and Exchange Commission (SEC).

Not to be outdone, NYSE has launched NYSE Texas, and Nasdaq has expanded its own Texas presence.

“A homegrown national exchange means more jobs, more investment, and more growth opportunities for businesses and communities across the Lone Star State,” Gabriela von zur Muehlen, senior vice president and chief policy officer at the Texas Association of Business, told The Texas Tribune.

Bulent Temel, an associate professor of practice in economics at the University of Texas at San Antonio, told Texas Standard that TXSE "is going to boost the credibility of the Texas economy" — a statewide credibility bump that extends well beyond whichever city houses the trading floor.

Driven in large part by North Texas' financial services sector — home to major players like Charles Schwab, Goldman Sachs, Fidelity, JPMorgan Chase, and Wells Fargo — the exchange adds fuel to Texas' broader case as the Financial Capital of America, as declared by Gov. Greg Abbott.

Texas’ estimated gross domestic product (GDP), a yardstick for the size of an economy, climbed to a record-setting $2.9 trillion in 2025, making it the state with the second-highest GDP after California. DFW’s estimated GDP in 2023 stood at $744.6 billion, eclipsing the GDP of many countries.

“The center of gravity for American capitalism is now headquartered in the Boom Belt,” Abbott proclaimed in April, referring to an 11-state region (including Texas) in the South and Southeast that’s seeing tremendous economic and population growth. “The Texas Stock Exchange is the natural extension of that capitalism. It ensures that capital markets will reflect the quadrant that is driving American growth.”

stock market texas wall street money