Science & Technology

/

Knowledge

Philadelphia tech salaries see biggest jump in the US, growing faster than Silicon Valley

Erin Arvedlund, The Philadelphia Inquirer on

Published in Science & Technology News

Technology job paychecks grew fastest in Philadelphia this year, according to a new survey of employers and workers by Hired.com.

Philadelphia posted the largest growth in average local tech salaries — a nearly 12% increase from $127,000 in 2021 to $142,000 in 2022 — compared with 15 other large U.S. metro areas, including Silicon Valley.

Remote technology roles in Philadelphia, in which the employee lives here but is working for a company elsewhere, paid even more — on average, $157,000 in 2022, according to Hired.com’s annual survey, which looks at data for the six months through June 30.

“Candidates taking remote jobs are getting higher salaries than people required to be in Philly,” said Hired.com CEO Josh Brenner. Hired.com “local” figures represent jobs for which workers must show up in person.

Although Philly tech jobs don’t pay the highest absolute dollar amount, the city’s growth rate was the fastest.

Philadelphia (+11.9%), Dallas/Fort Worth (+11%), and Denver (+11%) posted the highest average “local” salary increases across all U.S. markets. Other high-growth areas included Toronto and London, globally, which ranked above Boston, New York, San Francisco Bay Area, and Seattle this year in terms of year-over-year salary growth, according to the survey.

 

The highest average tech salaries for employees living in those cities in 2022 are:

—San Francisco Bay Area: $174,063

—Seattle: $168,069

—New York: $161,128

...continued

swipe to next page
©2022 The Philadelphia Inquirer, LLC. Visit at inquirer.com. Distributed by Tribune Content Agency, LLC.

Comments

blog comments powered by Disqus