Wage Trends by Metro Area

Updated

In the last year, where did wages increase the most overall and where did they dip the deepest? Payscale looked at the top metro areas by population and then listed them from best to worst in terms of wage improvement for jobs. See who came out on top and who has a ways to go.

RankMetro AreaQ4 2023 Year-Over-Year
One Year Wage Growth
1Miami Metro Area5.4%
2Nashville Metro Area5.3%
3Orlando Metro Area5.2%
4 (tie)Kansas City Metro Area5.1%
4 (tie)Phoenix Metro Area5.1%
6 (tie)Milwaukee Metro Area4.9%
6 (tie)San Diego Metro Area4.9%
6 (tie)Tampa Metro Area4.9%
9 (tie)Atlanta Metro Area4.7%
9 (tie)Raleigh Metro Area4.7%
11Portland Metro Area4.6%
12 (tie)Chicago Metro Area4.5%
12 (tie)Detroit Metro Area4.5%
14 (tie)Austin Metro Area4.4%
14 (tie)Charlotte Metro Area4.4%
14 (tie)Denver Metro Area4.4%
14 (tie)Houston Metro Area4.4%
14 (tie)Philadelphia Metro Area4.4%
19 (tie)Cleveland Metro Area4.3%
19 (tie)New York Metro Area4.3%
19 (tie)Washington, DC Metro Area4.3%
22St. Louis Metro Area4.2%
23Pittsburgh Metro Area4.0%
24 (tie)Cincinnati Metro Area3.9%
24 (tie)Los Angeles Metro Area3.9%
24 (tie)Minneapolis Metro Area3.9%
27 (tie)Baltimore Metro Area3.8%
27 (tie)Boston Metro Area3.8%
29Dallas Metro Area3.7%
30Seattle Metro Area3.5%
31San Francisco Metro Area3.2%
32San Jose Metro Area1.3%

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Methodology for The Payscale Index: Trends in Compensation

The Payscale Index tracks quarterly changes in total cash compensation for full-time, private industry employees and education professionals in the United States. In addition to a national index, it includes separate indices for specific industries, metropolitan areas, job categories, and company sizes. The Payscale Index uses 2006 average total cash compensation as a baseline.

See full methodology for compensation trend reports.

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