Morningstar, Inc.

H-1B pay data: 163 certified positions, FY2023–FY2026.

163
certified positions
$110,000
Median pay
$92,342
25th pct
$135,100
75th pct
$150,000
90th pct
$74,000
10th pct
Estimates from public U.S. Department of Labor records — wages are employer-attested offered wages, not verified salaries paid; counts are filings, not people. Not legal, financial, or career advice. See our disclaimer & terms.
Data: DOL filings FY2023–FY2026 (through June 2026) · Page updated October 2026

Salaries by job title

Job titleFilingsMedian salaryTypical range
Senior Software Engineer23$127,754$104,337 – $136,562
Software Engineer16$104,418$99,010 – $117,623
Associate, Software Engineer10$87,150$83,774 – $90,926
Lead Software Engineer9$138,000$135,840 – $151,200
Financial Product Specialist7$66,206$63,952 – $69,307
Senior QA Automation Engineer6$112,165$101,494 – $121,600
Associate Quantitative Analyst4$77,300$74,555 – $94,535
Lead QA Automation Engineer4$129,120$127,652 – $138,960
Quantitative Analyst4$108,046$106,977 – $109,735
Manager Research Analyst3$104,000$87,926 – $109,153
Principal Software Engineer3$142,000$142,000 – $168,598
Product Manager3$90,000$82,696 – $98,400
Project Manager3$100,000$95,303 – $100,000
Associate Designer2$72,000$72,000 – $72,000
Business Analyst2$75,454$68,691 – $82,216
Data Content Researcher2$95,850$95,850 – $95,850
Data Project Manager/ Data Content Specialist2$112,000$112,000 – $112,000
Financial Product Specialist, Team Lead2$70,000$70,000 – $70,000
Lead DevOps Engineer2$156,122$153,020 – $159,224
Lead Oracle Database Administrator2$145,524$141,274 – $149,774
Lead Software Architect2$150,000$150,000 – $150,000
Senior Software Architect2$158,000$155,600 – $160,400
Software Engineering Team Lead2$141,790$129,846 – $153,733
Team Lead Software Engineer2$136,201$136,201 – $136,201
Assistant Vice President, Credit Information1$124,270$124,270 – $124,270

Showing the top 25 of 70 job titles.

Typical range = 10th to 90th percentile of offered salaries.

$102,690
Median prevailing wage

Sponsorship score: 49 / 100 — Moderate sponsor

How consistently this employer sponsors foreign workers, from public DOL filings. Score = volume (40) + trend (20) + denial rate (20) + consistency (10) + H-1B-to-PERM conversion (10). Full formula →

163
H-1B LCA filings
23
PERM certifications
0.0%
PERM denial rate
4 of 4
Years filing
0.14
PERM per H-1B filing

Components: volume 18 · trend 8 · denial 10 · consistency 10 · conversion 3. FY24 → FY25 filings falling (-23%); FY26 is partial and not scored. Counts are filings, not people. Scores describe filing history only — they are not a prediction about any individual case.

$74,000$110,000 median$150,000

Quarterly median pay 2022-Q4 → 2026-Q2 · ▼ 3.0%

2022-Q4: $122,500 (9 positions)2023-Q1: $114,775 (11 positions)2023-Q2: $100,000 (34 positions)2023-Q3: $95,850 (13 positions)2023-Q4: $135,000 (5 positions)2024-Q1: $127,400 (9 positions)2024-Q2: $89,253 (21 positions)2024-Q3: $136,500 (13 positions)2024-Q4: $132,127 (4 positions)2025-Q1: $136,578 (3 positions)2025-Q2: $112,982 (18 positions)2025-Q3: $129,665 (6 positions)2025-Q4: $183,300 (2 positions)2026-Q1: $135,142 (4 positions)2026-Q2: $118,849 (11 positions)2022-Q42026-Q2$197,407$75,146

Wage-level mix DOL prevailing-wage levels on these filings

Level I · Entry — 36 (24%), med $80,435Level II · Qualified — 53 (35%), med $103,550Level III · Experienced — 36 (24%), med $130,400Level IV · Fully competent — 28 (18%), med $150,000

Pay by role

RolePositionsMedianVs prevailing wage
Software Developers
15-1252
81$126,860+11% · Above prevailing wage
Financial and Investment Analysts
13-2051
34$85,950+2% · Around prevailing wage
Financial Specialists, All Other
13-2099
12$104,138+34% · Above prevailing wage
Software Quality Assurance Analysts and Testers
15-1253
5$123,200—
Computer Systems Engineers/Architects
15-1299
5$99,438—
Data Scientists
15-2051
5$90,000—
Market Research Analysts and Marketing Specialists
13-1161
4$103,801—
Computer and Information Systems Managers
11-3021
4$203,362—
Graphic Designers
27-1024
2$72,000—
Operations Research Analysts
15-2031
2$117,281—
Database Architects
15-1243
2$176,650—
Network and Computer Systems Administrators
15-1244
2$133,127—
Architectural and Engineering Managers
11-9041
1$135,000—
Database Administrators
15-1242
1$123,381—
Computer Network Architects
15-1241
1$118,435—
Computer Systems Analysts
15-1211
1$100,500—
Project Management Specialists
13-1082
1$115,605—

Pay by state

StatePositionsMedian
Illinois147$110,000
New York4$101,782
Texas3$141,749
Massachusetts3$116,397
Michigan1$130,000
South Carolina1$89,700
California1$80,870
Kansas1$135,000
Virginia1$130,745
New Jersey1$89,253
About the prevailing-wage column. It compares the median offered wage for each role with the median DOL prevailing wage for that employer and role. Both medians mix job levels and worksite locations, so a negative gap does not mean any individual case paid below its required prevailing wage — it describes the mix of filings, not compliance. See our disclaimer & terms.

All filings

Morningstar, Inc. has 163 certified H-1B filings (FY2023–FY2026). The table below lists every case — job title, base salary, location, submit date and start date. Case data loads on demand, only when you open this section.

Estimates from public U.S. Department of Labor records — wages are employer-attested offered wages, not verified salaries paid. Not legal, financial, or career advice. Full disclaimer