The average US household earns only about $60,000 a year, so tech workers might want to celebrate as average tech job pay rose to over $130,000 in 2017. This is according to a report issued by compensation management firm Hired, which qualified the report by saying the salaries vary greatly depending on job location:
Douglas McIntyre filed this article in 24/7wallst.com:
According to compensation measurement firm Hired, tech salaries in San Francisco are the highest among U.S. cities at $142,000. Following that, salaries in Seattle average $132,000. Arguably, the two markets are the most competitive for tech salaries. They are home to many of the largest tech companies in the world. Alphabet Inc. (NASDAQ: GOOGL), the parent of Google, is one of several Fortune 500 tech firms in the San Francisco area. Seattle’s largest tech firm is Amazon.com Inc. (NASDAQ: AMZN).
Tech salaries for some people may be capped based on age and race. Hired makes the point the black tech workers make $6,000 less than white workers. Tech salaries level off at age 45.
The hottest tech sector for compensation is transportation, where the average salary is $145,000. At the other end of the spectrum, financial tech workers make only $111,000 on average. By role, product management employees make the most money at $145,000.
