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30 Cities with Highest Average Salary in the US

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In this article, we will look at the 30 cities with highest average salary in the US. We have also discussed the growing economic importance of smaller cities. If you want to skip our detailed analysis, head straight to the 10 Cities With Highest Average Salary in the US

In a shift away from traditional tech hubs, recent data from job and internship platform Handshake reveals an interesting trend among young workers seeking tech jobs in smaller US cities. Columbia, Maryland, leads the list with 190% year-over-year increase in job applications, followed closely by Boise, Idaho, at 116%. The appeal of these cities lies in factors such as lower living costs, diverse industry opportunities, and less stressful commutes.

It is worth highlighting that Micron Technology Inc (NASDAQ:MU)'s $15 billion manufacturing facility and acquisitions of local companies in Boise. Micron Technology Inc (NASDAQ:MU)’s expansion is expected to create 17,000 jobs by 2030, contributing further to the appeal of Boise as a city.

On the other hand, a transformative $100 billion investment in Syracuse, New York is aimed at turning the city into a high-tech hub. The investment is part of the CHIPS and Science Act which is essentially a government initiative to boost semiconductor manufacturing in the United States. Micron Technology Inc (NASDAQ:MU) plans to build up to four semiconductor manufacturing facilities (fabs) over the next 20 years, creating 50,000 jobs in the region.

The top 10 cities attracting tech talent also include Fairfax, Virginia (103% increase), and Madison, Wisconsin (60% increase). These mid-sized cities are witnessing a huge increase in interest and hence, present a departure from the declining applications observed in major tech hubs like California, Washington, and New York. 

Apart from the tech-oriented viewpoint, Glassdoor's recent research reveals the top 10 US cities where employees are most satisfied with their jobs. The rankings are based on over 20,000 employee reviews between January 2022 and April 2023 and considered factors like cost of living, weather, traffic patterns, and popular industries. Topping the list was Provo, Utah, with an average company rating of 3.94 and an annual salary of $61,973. Other cities in the top 10 include San Jose, California, with an average rating of 3.88 and an annual salary of $117,188, and Santa Barbara, California, with a rating of 3.87 and an annual salary of $72,240.

Speaking of company ratings, Amazon.com, Inc (NASDAQ:AMZN) continues to be one of the best companies to work for in the US. In the last 12 years, Amazon.com, Inc (NASDAQ:AMZN) has made a huge impact on the US economy, contributing over $880 billion to the national gross domestic product (GDP) since 2010. In 2022 alone, the company invested more than $240 billion in the US., expanding local economies and supporting an additional 2 million indirect jobs in various sectors such as construction, healthcare, retail, and professional services. With nearly 1 million US employees, Amazon.com, Inc (NASDAQ:AMZN) stands as the second largest private employer in the country, creating jobs that pay more than double the federal minimum wage, averaging over $20.50 per hour for customer fulfillment and transportation roles. Notably, in the last decade, no other private company has generated more jobs than Amazon.com, Inc (NASDAQ:AMZN).