Economics
San Francisco Leads the U.S. in Wage Growth
Continued demand for tech-savvy employees is driving the city’s pay hikes, according to a new report.
Photographer: David Paul Morris/Bloomberg
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America’s tech hub is leading the country in wage growth, according to a new report.
San Francisco saw wages rise 3.9 percent since last September, bringing median base pay to $70,361 per year, according to Glassdoor Inc.’s Local Pay Report, which tracks wage growth for certain full-time employees in 10 cities through an analysis of anonymous salary data. San Francisco boasted the highest annual salary of all the cities tracked in the report—more than $17,000 above the national average.