Career marketplace Hired recently released its annual State of Salaries report which focuses on how much tech workers get paid in major U.S. cities. The company analyzed hundreds of thousands of interview requests and job offers to determine salary levels for American software engineers, product managers, DevOps engineers, designers and data scientists. Notably, the research was conducted before the impact of COVID-19 was felt by the industry which has left some companies such as Netflix and Amazon thriving while others like Uber and Airbnb have had to lay off thousands of employees. The report states that it is too early to tell if its 2020 salary findings will remain stable going forward.
So, disregarding the impact of the pandemic, the average tech worker salary in the U.S. in 2020 is $146,000 compared to a global average of $130,000. As probably expected, the San Francisco Bay Area has the highest tech salaries in the U.S. at an average of $155,000 (7 percent higher than last year), though the region's exceptionally high cost of living means salaries often stretch further in tech hubs in other parts of the country. The second highest tech pay can be found in New York at $143,000 (up 8 percent) while Seattle comes third with $142,000 (a 3 percent increase on 2019).