Researches examined salary data from all job postings in 158 tech-related occupations with average annual salaries on Indeed between August 2016 and July 2017. Twenty-five metros made the list.
In order to make “an apples-to-apples comparison of unadjusted salaries,” researchers used a fixed-effects regression model for the various titles across the different cities.
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Analysts collected the latest cost-of-living data from the U.S. Bureau of Economic Analysis, which is based on a variety of local differences, including housing prices.
Only metros with at least 250,000 people that met a minimum threshold of job postings with salaries for a given title were considered.
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Where do tech salaries go the furthest? According to Indeed’s Hiring Lab, the Charlotte-Concord-Gastonia, North Carolina-South Carolina metro region earns top honors.
There, tech workers earn an average unadjusted salary of $101,147 and an average salary (adjusted for cost of living) of $108,178.
The Atlanta-Sandy Springs-Roswell hub came in second place.
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Here’s how the metro Atlanta region fared:
Overall rank: 2
Average salary, unadjusted: $100,380
Average salary, adjusted for cost of living: $104,454
Job title where salaries go furthest in Atlanta tech: Database administrator
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Though average tech salaries are actually higher in cities like San Francisco, California; Seattle, Washington or Austin, Texas, living costs in both the Atlanta and Charlotte regions are well below the national average and, according to Indeed.com, “far below the typical tech hub.”
Here are the top five metros where tech salaries go the furthest, according to Indeed’s Hiring Lab:
- Charlotte-Concord-Gastonia, North Carolina-South Carolina
- Atlanta-Sandy Springs-Roswell, Georgia
- Austin-Round Rock, Texas
- San Francisco-Oakland-hayward, California
- Seattle-Tacoma-Bellevue, Washington
Read more about the study and its methodology at HiringLab.org.