The days of living, working, and raising a family within a two-mile radius are long behind us. These days, we know better – or, more correctly, we know more. We have a better idea of what’s out there, what’s possible, and where we might best flourish and prosper.
If you are thinking of relocating for work, make it a positive move. Here are 10 cities with the fastest growing salaries, as reported by Forbes.
10 Cities With the Fastest Growing Salaries
There’s more than the University Of North Carolina, the Levine Museum Of Post-Civil War History, and the NASCAR Hall Of Fame. Charlotte also has one of the fastest growing salaries in the United States. Forbes reports a wage growth of 3.917%, as of 2015, with no deceleration in sight. With one of the highest national average salaries, at $53,479, you’ll be able to afford plenty of biscuits and sweet tea in this sweet Southern urban center!
The jewel of the Columbia River Valley, Portland is enjoying a reputation as one of the fastest growing cities on the West Coast, while still being laid-back and affordable enough to have a life and build a future for one’s self. Plenty of people seem to be doing so, with a wage growth of 3.924% in 2015, with an average median salary of $66,040.
Los Angeles, CA
Los Angeles has long enjoyed a reputation as the “Home For The Glitterati”, parading the lifestyles of the rich, famous, and fabulous as the gold standard for luxury and opulence, the world over. More and more “regular people” are getting their slice of The Dream, with a wage growth of 4.068% and a high average salary of $58,993. Maybe you should move there, instead of Portland.
San Francisco, CA
Home of the Golden Gate Bridge, spiritual hub of Silicon Valley, a holdout from the ‘60s – San Francisco is many things, to many people. Unfortunately, many people haven’t had much of an opportunity to see what The Golden Gate City has to offer, with prohibitively high rents and very little vacancy. It’s all starting to shift, however, with a 4.146% salary growth in 2015, with the highest average salary of an astounding $82,115. Doesn’t taking a streetcar to work in the morning past a bunch of barking seals and fish vendors sound nice?
As one of the oldest cities in the United States, Boston is dripping with old world charm (and old money). Much like San Francisco, however, not many have had the opportunity to experience that charm for themselves, with shoebox-sized apartments costing as much as a mortgage payment in any other part of the country. Boston’s wages grew by a healthy 4.183%, in 2015, with a high average salary of $72,297. You could get a lot of chowdah, with that many clams!
Louisville (that’s “Lou-ah-ville”, start practicing now before you get there) is another city dripping with Southern Charm and Hospitality, while still dripping with colorful local culture, friendly people, and affordable cost of living. With a high average salary of $47,559 and a wage growth of 4.211%, you could build a quite lovely life for yourself.
America’s seventh-fastest growing salaried city comes as kind of a surprise. When most people think of inhabitable urban centers in New York, of course they tend to think of NYC, as one of the largest cities in the U.S. and also one of the most influential, in terms of business. The reality is fewer and fewer people are able to make ends meet, in The Big Apple. Consider, instead, Rochester, NY, with a wage growth of 4.682% in 2015, and a high average salary of $47,807.
In case L.A. is too much for you, consider moving 60 miles east. Riverside, CA experienced wage growth of 4.864% in 2015, with a high average income of $43,230. Riverside might be best known for being the home of California’s citrus industry and the largest Mission Revival building in the U.S., but it’s also the eighth-fastest growing salaried city in the U.S., and an affordable, less-populated alternative to Los Angeles.
There’s more than Country music in the capitol of Tennessee. Not only is Nashville one of the South’s great entertainment meccas, there’s also more than 300 health care companies, including Hospital Corporation Of America, the largest private hospital operator in the world. With numerous thriving, vibrant industries, salaries expanded by an impressive 5.346%, bringing the high average salary to $51,968, as of 2015.
San Jose, CA
The #1 city with the fastest growing salary is also one of the most unexpected. San Jose, CA might not spring to mind when thinking of vibrant, bustling communities with burgeoning economies, but that doesn’t take into account that San Jose is one of the last areas of Northern California with room for development. Developing it is, with an annual salary increase of 7.546%, and a high average salary of $112,223.
Thinking of relocating for work? Contact us today, and let us help make your move smooth!