Bay Area Tech Wages Are The Nation’s Highest At $123K, But Should Entrepreneurs Look Elsewhere As Costs Rise?

Send them to South Florida! We have a major demand for tech (software development, architecture, design and security) and not enough candidates to fill the jobs! Have them contact me! 🙂

TechCrunch

The San Francisco Bay Area pays the highest median tech wage, at $123,497, but comes with higher taxes and housing costs, according to data assembled by Good April, an online tax-planning startup based in SF.

Despite the significant gap in wages and costs between the Bay Area and other tech hubs, it doesn’t look like it’s causing a significant talent exodus yet.

The median wage for tech workers in San Francisco, Marin, and San Mateo counties is nearly 21 percent higher than the second highest, Boston, at $102,230. However, while this wage is good for top-flight engineers, it leads to significantly higher costs for entrepreneurs.

Good April found that salaries for a 10-person team, on average, would total $1,234,970 in San Francisco, but only $932,490 in Austin, Texas. The difference in how much equity a founder has to give up can be substantial. If you were raising capital at…

View original post 258 more words

About imaconstitutionalist

Single mom, US Navy Vet, honorably discharged after awarded for meritorious military service. Former professional musician. Owner of a strategic digital marketing, design and development firm. Volunteer. History and economics major. Staunch Constitutionalist and capitalist. Advocates for women, education, innovation development, legalized medical marijuana, and against parental alienation, the socialist agenda, and misogyny. Extremely proud of my family's patriotic history. Daughter of the American Revolution. Fan of Adam Smith, with a not-so-secret crush on Milton Friedman.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s