November 27, 2022

15 Inexpensive Cities With the Most 6-Determine Jobs

4 min read


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Editor’s Notice: This story initially appeared on How you can Dwelling.

Over the past two years, U.S. staff have contended with some of the uncommon financial environments in reminiscence.

On one hand, persistent tightness within the labor market has offered larger alternative and wage development for a lot of staff. The unemployment price at the moment sits at simply 3.7%, however the economic system nonetheless continues so as to add a whole bunch of hundreds of jobs every month.

In efforts to recruit and retain staff on this setting, many employers have been boosting wages, particularly for lower-earning staff.

However the highest ranges of inflation in a long time have eaten into staff’ positive aspects. 12 months-over-year will increase within the Shopper Worth Index have topped 5% for each month since Might 2021, peaking at 9.1% in June 2022. And lots of the classes the place prices have risen quickest are requirements that take up a big portion of family budgets, like shelter and groceries.

To find out the reasonably priced metropolitan areas with essentially the most six-figure jobs, researchers at HowtoHome.com calculated locations with the best share of workers in occupations the place the median wage is over $100,000 and the price of dwelling is beneath the nationwide common utilizing knowledge from the U.S. Bureau of Statistics and the U.S. Bureau of Financial Evaluation. Learn extra about our methodology on the finish.

Listed below are the reasonably priced U.S. metropolitan areas with essentially the most six-figure jobs.

15. Tampa-St. Petersburg-Clearwater, FL

Tampa waterfront homes with boats.
Peter Titmuss / Shutterstock.com
  • Share of workers in $100K+ occupations: 4.6%
  • Whole workers in $100K+ occupations: 59,620
  • Whole workers throughout all occupations: 1,289,900
  • Common wage for workers in $100K+ occupations: $119,365
  • Price of dwelling (in comparison with common): -0.9%

14. Pittsburgh, PA

Carnegie Mellon University
Jay Yuan / Shutterstock.com
  • Share of workers in $100K+ occupations: 4.8%
  • Whole workers in $100K+ occupations: 49,550
  • Whole workers throughout all occupations: 1,043,000
  • Common wage for workers in $100K+ occupations: $122,515
  • Price of dwelling (in comparison with common): -4.3%

13. Kansas Metropolis, MO-KS

Topeka, Kansas
Jacob Boomsma / Shutterstock.com
  • Share of workers in $100K+ occupations: 5.1%
  • Whole workers in $100K+ occupations: 52,030
  • Whole workers throughout all occupations: 1,016,160
  • Common wage for workers in $100K+ occupations: $122,480
  • Price of dwelling (in comparison with common): -5.3%

12. Rochester, NY

Autumn leaves in Rochester, New York
NewSaetiew / Shutterstock.com
  • Share of workers in $100K+ occupations: 5.2%
  • Whole workers in $100K+ occupations: 24,310
  • Whole workers throughout all occupations: 471,020
  • Common wage for workers in $100K+ occupations: $126,099
  • Price of dwelling (in comparison with common): -1.7%

11. Cleveland-Elyria, OH

Cleveland, Ohio
Rudy Balasko / Shutterstock.com
  • Share of workers in $100K+ occupations: 5.2%
  • Whole workers in $100K+ occupations: 49,820
  • Whole workers throughout all occupations: 963,990
  • Common wage for workers in $100K+ occupations: $124,335
  • Price of dwelling (in comparison with common): -7.0%

10. Columbus, OH

Columbus Ohio
f11photo / Shutterstock.com
  • Share of workers in $100K+ occupations: 5.3%
  • Whole workers in $100K+ occupations: 54,330
  • Whole workers throughout all occupations: 1,022,310
  • Common wage for workers in $100K+ occupations: $123,782
  • Price of dwelling (in comparison with common): -5.8%

9. Cincinnati, OH-KY-IN

Cincinnati Ohio
Bryan Busovicki / Shutterstock.com
  • Share of workers in $100K+ occupations: 5.7%
  • Whole workers in $100K+ occupations: 58,680
  • Whole workers throughout all occupations: 1,023,830
  • Common wage for workers in $100K+ occupations: $124,417
  • Price of dwelling (in comparison with common): -6.5%

8. Salt Lake Metropolis, UT

Salt Lake City, Utah
f11photo / Shutterstock.com
  • Share of workers in $100K+ occupations: 6.1%
  • Whole workers in $100K+ occupations: 45,530
  • Whole workers throughout all occupations: 743,170
  • Common wage for workers in $100K+ occupations: $124,524
  • Price of dwelling (in comparison with common): -2.3%

7. Milwaukee-Waukesha, WI

Milwaukee, Wisconsin
Rudy Balasko / Shutterstock.com
  • Share of workers in $100K+ occupations: 6.5%
  • Whole workers in $100K+ occupations: 50,910
  • Whole workers throughout all occupations: 786,640
  • Common wage for workers in $100K+ occupations: $121,877
  • Price of dwelling (in comparison with common): -4.1%

6. Nashville-Davidson–Murfreesboro–Franklin, TN

Kevin Ruck / Shutterstock.com
  • Share of workers in $100K+ occupations: 7.3%
  • Whole workers in $100K+ occupations: 71,600
  • Whole workers throughout all occupations: 976,900
  • Common wage for workers in $100K+ occupations: $127,707
  • Price of dwelling (in comparison with common): -3.0%

5. Atlanta-Sandy Springs-Alpharetta, GA

Atlanta, Georgia, Piedmont Park skyline autumn
Sean Pavone / Shutterstock.com
  • Share of workers in $100K+ occupations: 7.7%
  • Whole workers in $100K+ occupations: 200,060
  • Whole workers throughout all occupations: 2,587,890
  • Common wage for workers in $100K+ occupations: $120,481
  • Price of dwelling (in comparison with common): -1.8%

4. Richmond, VA

Richmond, California
Sundry Pictures / Shutterstock.com
  • Share of workers in $100K+ occupations: 8.0%
  • Whole workers in $100K+ occupations: 49,400
  • Whole workers throughout all occupations: 617,020
  • Common wage for workers in $100K+ occupations: $125,655
  • Price of dwelling (in comparison with common): -4.6%

3. Detroit-Warren-Dearborn, MI

Wayne County Michigan
Sean Pavone / Shutterstock.com
  • Share of workers in $100K+ occupations: 8.7%
  • Whole workers in $100K+ occupations: 156,000
  • Whole workers throughout all occupations: 1,801,530
  • Common wage for workers in $100K+ occupations: $120,756
  • Price of dwelling (in comparison with common): -2.9%

2. Charlotte-Harmony-Gastonia, NC-SC

Charlotte North Carolina
Kevin Ruck / Shutterstock.com
  • Share of workers in $100K+ occupations: 11.7%
  • Whole workers in $100K+ occupations: 141,090
  • Whole workers throughout all occupations: 1,209,890
  • Common wage for workers in $100K+ occupations: $124,459
  • Price of dwelling (in comparison with common): -5.4%

1. Raleigh-Cary, NC

Raleigh, North Carolina
Sharkshock / Shutterstock.com
  • Share of workers in $100K+ occupations: 11.8%
  • Whole workers in $100K+ occupations: 74,860
  • Whole workers throughout all occupations: 633,260
  • Common wage for workers in $100K+ occupations: $122,832
  • Price of dwelling (in comparison with common): -4.3%

Methodology

Man analyzing data on a laptop
fizkes / Shutterstock.com

The info used on this evaluation is from the U.S. Bureau of Statistics’ Occupational Employment and Wage Statistics and the U.S. Bureau of Financial Evaluation’ Regional Worth Parities.

To find out the reasonably priced metropolitan areas with essentially the most six-figure jobs, researchers at HowtoHome.com calculated a location’s share of workers in occupations the place the median wage is over $100,000 and the price of dwelling is beneath the nationwide common.

Within the occasion of a tie, the placement with the larger whole variety of workers in occupations the place the median wage is over $100,000 was ranked greater. To enhance relevance, solely metropolitan areas with not less than 100,000 residents had been included.



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