In May of 2021, employers in the United States added almost half a million jobs. As a result, the unemployment rate fell to 5.8 percent from 6.1 percent the month before, the lowest level since the COVID-19 epidemic.
Nonetheless, its expansion was slower than anticipated. In addition, some firms have stated that they have difficulty finding employees, and economists have proposed one argument why this is the case: companies are not paying high enough wages.
24/7 Wall St. reviewed data on median annual wages for 389 metropolitan statistical areas from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics program.
The top-paying jobs for cities in 2021 are in the medical and technology sectors. According to a recent report, the highest paying jobs are in San Jose, California; San Francisco, California; and Seattle, Washington. However, the report also found that the lowest paying jobs are in McAllen, Texas, Brownsville, Texas, and El Paso, Texas.
The three cities with the highest paying jobs are home to some of the world’s most innovative and well-known companies. In San Jose, workers can earn an average salary of $138,000 a year at companies like Apple, Google, and Facebook. San Francisco is home to major technology companies like Uber and Salesforce, where workers earn an average of $133,000 a year. And in Seattle, employees at Amazon and Microsoft earn an average salary of $126,000.
Cities With The Highest Paying Jobs 2021
10. Hartford, CT
> Median annual wage: $53,030
> Apr. 2021 unemployment rate: 8.0%
> Poverty rate: 10.1%
Hartford, CT, is one of the cities in the United States with the highest paying jobs in 2021. The average salary for a worker in Hartford is $75,000. The city has many high-paying jobs in the finance and insurance industries.
The average salary for a worker in the finance industry is $116,000. The average salary for a worker in the insurance industry is $100,000. Hartford also has many high-paying jobs in the technology industry. The average salary for a worker in the technology industry is $96,000.
9. Boulder, CO
> Median annual wage: $54,770
> Apr. 2021 unemployment rate: 5.5%
> Poverty rate: 10.9%
The city of Boulder, Colorado, is a major economic center in the United States. According to recent reports, it is one of the cities with the highest paying jobs in 2021. The average annual salary for workers in Boulder is projected to be $75,547. This is significantly higher than the national average of $53,657. In addition, Boulder is home to several high-paying industries, including technology, healthcare, and finance.
The city’s thriving economy has helped create several high-paying jobs for workers with the appropriate skills and training. In addition to a high average salary, Boulder also offers a low cost of living. This makes it an attractive place to live for workers looking for a high quality of life. Boulder is also home to several top colleges and universities.
8. Trenton, NJ
> Median annual wage: $55,220
> Apr. 2021 unemployment rate: 6.1%
> Poverty rate: 12.8%
Trenton, NJ, is among the cities with the highest paying jobs in 2021. According to a recent study by Payscale, Trenton ranks eighth in the country for median pay for workers with a bachelor’s degree. The average salary in Trenton is $72,600.
Some of the highest-paying jobs in Trenton are in the medical field. For example, anesthesiologists earn an average salary of $269,100, while surgeons earn an average salary of $252,400. Other high-paying jobs in Trenton include financial managers ($187,200), software developers ($183,100), and marketing managers ($178,700).
Despite its high pay, Trenton is often overlooked as a place to live and work. The city has a population of just under 85,000 and is plagued by crime and poverty.
7. Bridgeport, CT
> Median annual wage: $55,630
> Apr. 2021 unemployment rate: 7.7%
> Poverty rate: 9.1%
Bridgeport, CT is one of the cities in the United States with the highest paying jobs in 2021. The average annual salary for a worker in Bridgeport is $73,620. The city has several high-paying jobs in various industries, including finance, healthcare, and technology.
Bridgeport’s most significant contributor to high salaries is the finance industry. Workers in the finance industry earn an average annual salary of $86,780. In addition, the city has several large banks and financial institutions, including Webster Bank and People’s United Bank. Healthcare is another key industry in Bridgeport, with workers earning an average of $74,580. Some of the largest healthcare employers in the city include Yale-New Haven Hospital and St. Vincent’s Medical Center.
6. Boston, MA
> Median annual wage: $57,080
> Apr. 2021 unemployment rate: 6.2%
> Poverty rate: 8.6%
Boston, MA, will have the fifth-highest paying job in the country in 2021. The average salary for a worker in Boston is $76,890. The city has seen a 3.5% growth in jobs since 2010 and is projected to see a 1.8% growth from 2020-2021.
Boston’s key industries are healthcare, finance, and technology. The city is home to some of the world’s largest hospitals and health care companies, including Partners Healthcare, Boston Scientific, and Genzyme. The city’s finance sector is anchored by Fidelity Investments, State Street Corporation, and Liberty Mutual Insurance.
Boston is a global center of technology innovation, with companies like Google, Facebook, and Amazon expanding their presence in the city. In addition, Boston’s high concentration of educated workers and leading industries make it a desirable place to live and work.
5. Seattle, WA
> Median annual wage: $58,330
> Apr. 2021 unemployment rate: 5.6%
> Poverty rate: 7.8%
Seattle is a city located in the U.S. state of Washington. According to recent studies, Seattle is one of the cities with the highest paying jobs in 2021. Jobs in the technology sector and other high-paying industries are plentiful in Seattle, making it a great place to work and live. The cost of living in Seattle is also relatively high, but many people are willing to pay the price to live and work in such a prosperous city. If you’re looking for a job that pays well, Seattle is worth considering.
4. Washington, DC
Median annual wage: $60,480
Apr. 2021 unemployment rate: 5.5%
Poverty rate: 7.5%
Washington, D.C., is the place to be for high-paying jobs in 2021. The city has the seventh-highest median income in the United States and is home to several high-paying industries, including government, defence, and legal services. Washington also offers a strong job market with low unemployment rates and plenty of opportunities for career growth. So if you’re looking for a high-paying job in 2021, Washington, D.C. should be your top choice.
3. San Francisco, CA
> Median annual wage: $61,790
> Apr. 2021 unemployment rate: 6.1%
> Poverty rate: 8.2%
San Francisco is one of the most expensive cities in the United States, but it’s also one of the most prosperous. According to recent studies, San Francisco will be home to some of the highest-paying jobs in 2021. The average salary for a worker in San Francisco is projected to be $96,000, well above the national average.
Several factors contribute to San Francisco’s high salaries. For one, the city has a strong economy and a thriving tech industry. Additionally, many companies in San Francisco are willing to pay top dollar for talented workers. Housing prices are also high in San Francisco, which means that employees have to be paid more to afford living there.
2. California, MD
> Median annual wage: $63,750
> Apr. 2021 unemployment rate: 4.2%
> Poverty rate: 7.3%
California, MD is a city located in Calvert County, MD. The city is home to many high paying jobs, making it a great place to live for those looking for a high paying job. In 2021, the average salary in California, MD, was projected to be $101,822, the highest of all cities in Maryland.
The city has a wide variety of job opportunities, with most jobs paying above the state and national averages. Some of California’s highest paying jobs include positions in management, business and financial operations, and computer and mathematical occupations.
If you are looking for a high paying job, California, MD, is a great place to live. The city has a strong economy and plenty of job opportunities that pay well above the average salary.
1. San Jose, CA
> Median annual wage: $69,620
> Apr. 2021 unemployment rate: 5.3%
> Poverty rate: 6.3%
In 2021, San Jose, CA, was projected to have the highest-paying jobs in the country. With median salaries of over $96,000, the city is home to many high-paying occupations such as physicians, lawyers, and engineers. In addition to high salaries, San Jose also offers a lower cost of living than many other large cities. For example, housing costs are about 30% lower than in New York City and 50% lower than in Los Angeles. This combination of high pay and low cost of living makes San Jose an attractive place to live for workers of all ages.