15 Affordable Cities With the Most 6-Figure Jobs
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Editor’s Note: This tale firstly gave the impression on How to Home.
Over the final two years, U.S. employees have contended with one of the peculiar financial environments in reminiscence.
On one hand, continual tightness within the exertions marketplace has supplied higher alternative and salary expansion for plenty of employees. The unemployment charge as of late sits at simply 3.7%, however the financial system nevertheless continues so as to add loads of hundreds of jobs every month.
In efforts to recruit and retain employees on this surroundings, many employers were boosting wages, particularly for lower-earning employees.
But the very best ranges of inflation in a long time have eaten into employees’ positive aspects. Year-over-year will increase within the Consumer Price Index have crowned 5% for each and every month since May 2021, peaking at 9.1% in June 2022. And most of the classes the place prices have risen quickest are prerequisites that absorb a big portion of family budgets, like refuge and groceries.
To decide the inexpensive metropolitan spaces with essentially the most six-figure jobs, researchers at HowtoHome.com calculated puts with the best proportion of staff in occupations the place the median salary is over $100,000 and the price of residing is under the nationwide reasonable the use of knowledge from the U.S. Bureau of Statistics and the U.S. Bureau of Economic Analysis. Read extra about our method on the finish.
Here are the inexpensive U.S. metropolitan spaces with essentially the most six-figure jobs.
15. Tampa-St. Petersburg-Clearwater, FL
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- Share of staff in $100K+ occupations: 4.6%
- Total staff in $100K+ occupations: 59,620
- Total staff throughout all occupations: 1,289,900
- Average salary for workers in $100K+ occupations: $119,365
- Cost of residing (in comparison to reasonable): -0.9%
14. Pittsburgh, PA
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- Share of staff in $100K+ occupations: 4.8%
- Total staff in $100K+ occupations: 49,550
- Total staff throughout all occupations: 1,043,000
- Average salary for workers in $100K+ occupations: $122,515
- Cost of residing (in comparison to reasonable): -4.3%
13. Kansas City, MO-KS
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- Share of staff in $100K+ occupations: 5.1%
- Total staff in $100K+ occupations: 52,030
- Total staff throughout all occupations: 1,016,160
- Average salary for workers in $100K+ occupations: $122,480
- Cost of residing (in comparison to reasonable): -5.3%
12. Rochester, NY
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- Share of staff in $100K+ occupations: 5.2%
- Total staff in $100K+ occupations: 24,310
- Total staff throughout all occupations: 471,020
- Average salary for workers in $100K+ occupations: $126,099
- Cost of residing (in comparison to reasonable): -1.7%
11. Cleveland-Elyria, OH
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- Share of staff in $100K+ occupations: 5.2%
- Total staff in $100K+ occupations: 49,820
- Total staff throughout all occupations: 963,990
- Average salary for workers in $100K+ occupations: $124,335
- Cost of residing (in comparison to reasonable): -7.0%
10. Columbus, OH
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- Share of staff in $100K+ occupations: 5.3%
- Total staff in $100K+ occupations: 54,330
- Total staff throughout all occupations: 1,022,310
- Average salary for workers in $100K+ occupations: $123,782
- Cost of residing (in comparison to reasonable): -5.8%
9. Cincinnati, OH-KY-IN
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- Share of staff in $100K+ occupations: 5.7%
- Total staff in $100K+ occupations: 58,680
- Total staff throughout all occupations: 1,023,830
- Average salary for workers in $100K+ occupations: $124,417
- Cost of residing (in comparison to reasonable): -6.5%
8. Salt Lake City, UT
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- Share of staff in $100K+ occupations: 6.1%
- Total staff in $100K+ occupations: 45,530
- Total staff throughout all occupations: 743,170
- Average salary for workers in $100K+ occupations: $124,524
- Cost of residing (in comparison to reasonable): -2.3%
7. Milwaukee-Waukesha, WI
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- Share of staff in $100K+ occupations: 6.5%
- Total staff in $100K+ occupations: 50,910
- Total staff throughout all occupations: 786,640
- Average salary for workers in $100K+ occupations: $121,877
- Cost of residing (in comparison to reasonable): -4.1%
6. Nashville-Davidson–Murfreesboro–Franklin, TN
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- Share of staff in $100K+ occupations: 7.3%
- Total staff in $100K+ occupations: 71,600
- Total staff throughout all occupations: 976,900
- Average salary for workers in $100K+ occupations: $127,707
- Cost of residing (in comparison to reasonable): -3.0%
5. Atlanta-Sandy Springs-Alpharetta, GA
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- Share of staff in $100K+ occupations: 7.7%
- Total staff in $100K+ occupations: 200,060
- Total staff throughout all occupations: 2,587,890
- Average salary for workers in $100K+ occupations: $120,481
- Cost of residing (in comparison to reasonable): -1.8%
4. Richmond, VA
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- Share of staff in $100K+ occupations: 8.0%
- Total staff in $100K+ occupations: 49,400
- Total staff throughout all occupations: 617,020
- Average salary for workers in $100K+ occupations: $125,655
- Cost of residing (in comparison to reasonable): -4.6%
3. Detroit-Warren-Dearborn, MI
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- Share of staff in $100K+ occupations: 8.7%
- Total staff in $100K+ occupations: 156,000
- Total staff throughout all occupations: 1,801,530
- Average salary for workers in $100K+ occupations: $120,756
- Cost of residing (in comparison to reasonable): -2.9%
2. Charlotte-Concord-Gastonia, NC-SC
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- Share of staff in $100K+ occupations: 11.7%
- Total staff in $100K+ occupations: 141,090
- Total staff throughout all occupations: 1,209,890
- Average salary for workers in $100K+ occupations: $124,459
- Cost of residing (in comparison to reasonable): -5.4%
1. Raleigh-Cary, NC
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- Share of staff in $100K+ occupations: 11.8%
- Total staff in $100K+ occupations: 74,860
- Total staff throughout all occupations: 633,260
- Average salary for workers in $100K+ occupations: $122,832
- Cost of residing (in comparison to reasonable): -4.3%
Methodology
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The knowledge used on this research is from the U.S. Bureau of Statistics’ Occupational Employment and Wage Statistics and the U.S. Bureau of Economic Analysis’ Regional Price Parities.
To decide the inexpensive metropolitan spaces with essentially the most six-figure jobs, researchers at HowtoHome.com calculated a location’s proportion of staff in occupations the place the median salary is over $100,000 and the price of residing is under the nationwide reasonable.
In the development of a tie, the positioning with the higher general selection of staff in occupations the place the median salary is over $100,000 used to be ranked upper. To support relevance, simplest metropolitan spaces with no less than 100,000 citizens have been integrated.
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