Friday, August 12, 2016
Report: Austin Number One For Highest Paying Tech Salaries
A new report, issued by Indeed.com, says that Austin is actually the number one market for the highest paying tech salaries in the nation. The report says that, after adjusting for the cost of living, tech jobs in Austin actually are better than those in San Francisco, due to low rental costs. Indeed said its survey found that, although the average tech salary in San Francisco was $108,000, median rent was an astounding $3,357 a month--or, 37 percent of salary. In Austin, although the overall salary was lower--an average annual salary of $87,700--median rents are only $1,693, or merely 23 percent of that salary. Due to that big disparity in costs, Indeed's report put Austin as the number one market in the nation for tech pay. Austin is tenth if ranked purely by average salary.