Software Engineer Salary in Markham (2026)
Is 118,750/year enough to live in Markham?
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Software Engineer Salary Analysis in Markham
The tech industry in Markham continues to attract top talent, and Software Engineers are among the most sought-after professionals in the market. With an average salary of $118,750/year, Markham's tech scene offers above-average compensation compared to the national benchmark of $95,000.
After federal and Ontario provincial taxes at a combined rate of 29.5%, take-home pay is approximately 83,683/year — or $6,974/month.
Markham offers a good balance of opportunity and affordability. With rent starting at $2,200/month for a 1-bedroom, a software engineer earning $6,974/month take-home has solid financial flexibility compared to larger Canadian cities.
Software Engineer Salary Range in Markham
Cost of Living in Markham
Housing Costs
City Overview
How to Increase Your Software Engineer Salary
Obtain cloud certifications (AWS, Azure, GCP) to command higher salaries
Build a strong GitHub portfolio — Canadian tech employers actively review it
Consider contract roles which often pay 20-40% more than equivalent permanent positions
Frequently Asked Questions
What is the average software engineer salary in Markham?
The average software engineer salary in Markham, ON is $118,750 per year as of 2026. This is above the national average of $95,000, primarily due to Markham's cost of living index of 125 (Canada average: 100).
How much does a software engineer take home after taxes in Markham?
After federal and Ontario provincial taxes (combined effective rate: 29.5%), a software engineer in Markham takes home approximately $83,683/year — that's $6,974/month or $3,219 bi-weekly.
Is $118,750 a good salary in Markham?
Markham has a high cost of living (index: 125), so $118,750 is a comfortable salary that covers housing and living expenses with room to save.
What is the salary range for software engineers in Markham?
Software Engineers in Markham typically earn between $81,250 and $175,000 per year, depending on experience, specialization, and employer. Entry-level positions start around $81,250, while senior roles can exceed $175,000.
How fast is the software engineer job market growing in Markham?
The software engineer field is growing at approximately 15.3% nationally, which is significantly above average and signals strong future demand. Markham currently has an estimated 203 openings, with an unemployment rate of 5.2%.