San Jose Metro Area Pay Trends
The economic, cultural, and political center of Silicon Valley and the third-most-populous city in California, San Jose is one of the wealthiest major cities in the United States and the world. With a median home price of $1,085,000, San Jose has the most expensive housing market in the country and the fifth most expensive housing market in the world. Major global tech companies including Cisco Systems, eBay, Adobe Systems, PayPal, Brocade, Samsung, Acer, and Western Digital maintain their headquarters in San Jose, in the center of Silicon Valley.
Wage Growth for San Jose Metro Area, Q3 2023
The Payscale Index: San Jose 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.