Austin Metro Area Pay Trends
The capital of Texas, Austin is the 11th most-populated and fastest-growing city in the United States. A high-tech hub, Austin is home to numerous tech companies, and pharmaceutical and biotech companies. “Keep Austin Weird” has been a local motto for years, not only to promote Austin’s eccentricity and diversity, but also to bolster support of local independent businesses.
Wage Growth for Austin Metro Area, Q3 2023
The Payscale Index: Austin Metro Area
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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.