Tech workers in Austin saw the sharpest salary increases, making 7 percent more on average last year than they did the year before, according to new data released today by Hired, a job search marketplace, in their annual State of Global Salaries report.
Austin tech workers saw the biggest jump in salary last year
Austin tech workers made $202,000 on average, adjusted for cost of living, the highest in the U.S.
Shirin Ghaffary was a senior Vox correspondent covering the social media industry. Previously, Ghaffary worked at BuzzFeed News, the San Francisco Chronicle, and TechCrunch.
Workers in Los Angeles and Washington, D.C., were close behind Austin, making 6 percent more year on year, while workers in San Francisco saw a 5 percent increase.
Based on gross pay, tech workers on average made the most in San Francisco ($142,000), followed by Seattle ($132,000), New York ($129,000) and Los Angeles ($129,000). But with cost of living adjustments, Austin tech workers made the most at $202,000 per year, followed by Los Angeles and Seattle, both at $182,000.
“A couple of things are happening in Austin: A low cost of living, no income tax, and you already had a tech ecosystem there” said Hired CEO Mehul Patel. All these things, he said, are leading to companies like Facebook, Google and Dropbox investing more in the area and lifting average pay for tech workers.
The report measured pay in 13 different cities and pulled data from 69,000 job seekers on the Hired platform applying for tech worker roles, defined as software engineers, designers, product managers and data analyst positions.
This article originally appeared on Recode.net.
