15 Affordable Cities With the Most 6-Figure Jobs

Editor’s Notice: This story initially appeared on HowToHome.

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

On one hand, persistent tightness within the labor market has offered larger alternative and wage progress for a lot of employees. The unemployment rate at present sits at simply 3.7%, however the economic system nonetheless continues so as to add a whole bunch of 1000’s of jobs every month.

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

However the highest ranges of inflation in many years have eaten into employees’ positive factors. Yr-over-year will increase within the Consumer Price Index have topped 5% for each month since Could 2021, peaking at 9.1% in June 2022. And most 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 probably 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 residing is beneath the nationwide common utilizing information from the U.S. Bureau of Statistics and the U.S. Bureau of Financial Evaluation. Learn extra about our methodology on the finish.

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

15. Tampa-St. Petersburg-Clearwater, FL

• Share of workers in $100K+ occupations: 4.6%
• Complete workers in $100K+ occupations: 59,620
• Complete workers throughout all occupations: 1,289,900
• Common wage for workers in $100K+ occupations: $119,365
• Price of residing (in comparison with common): -0.9%

14. Pittsburgh, PA

• Share of workers in $100K+ occupations: 4.8%
• Complete workers in $100K+ occupations: 49,550
• Complete workers throughout all occupations: 1,043,000
• Common wage for workers in $100K+ occupations: $122,515
• Price of residing (in comparison with common): -4.3%

13. Kansas Metropolis, MO-KS

• Share of workers in $100K+ occupations: 5.1%
• Complete workers in $100K+ occupations: 52,030
• Complete workers throughout all occupations: 1,016,160
• Common wage for workers in $100K+ occupations: $122,480
• Price of residing (in comparison with common): -5.3%

12. Rochester, NY

• Share of workers in $100K+ occupations: 5.2%
• Complete workers in $100K+ occupations: 24,310
• Complete workers throughout all occupations: 471,020
• Common wage for workers in $100K+ occupations: $126,099
• Price of residing (in comparison with common): -1.7%

11. Cleveland-Elyria, OH

• Share of workers in $100K+ occupations: 5.2%
• Complete workers in $100K+ occupations: 49,820
• Complete workers throughout all occupations: 963,990
• Common wage for workers in $100K+ occupations: $124,335
• Price of residing (in comparison with common): -7.0%

10. Columbus, OH

• Share of workers in $100K+ occupations: 5.3%
• Complete workers in $100K+ occupations: 54,330
• Complete workers throughout all occupations: 1,022,310
• Common wage for workers in $100K+ occupations: $123,782
• Price of residing (in comparison with common): -5.8%

9. Cincinnati, OH-KY-IN

• Share of workers in $100K+ occupations: 5.7%
• Complete workers in $100K+ occupations: 58,680
• Complete workers throughout all occupations: 1,023,830
• Common wage for workers in $100K+ occupations: $124,417
• Price of residing (in comparison with common): -6.5%

8. Salt Lake Metropolis, UT

• Share of workers in $100K+ occupations: 6.1%
• Complete workers in $100K+ occupations: 45,530
• Complete workers throughout all occupations: 743,170
• Common wage for workers in $100K+ occupations: $124,524
• Price of residing (in comparison with common): -2.3%

7. Milwaukee-Waukesha, WI

• Share of workers in $100K+ occupations: 6.5%
• Complete workers in $100K+ occupations: 50,910
• Complete workers throughout all occupations: 786,640
• Common wage for workers in $100K+ occupations: $121,877
• Price of residing (in comparison with common): -4.1%

6. Nashville-Davidson–Murfreesboro–Franklin, TN

• Share of workers in $100K+ occupations: 7.3%
• Complete workers in $100K+ occupations: 71,600
• Complete workers throughout all occupations: 976,900
• Common wage for workers in $100K+ occupations: $127,707
• Price of residing (in comparison with common): -3.0%

5. Atlanta-Sandy Springs-Alpharetta, GA

• Share of workers in $100K+ occupations: 7.7%
• Complete workers in $100K+ occupations: 200,060
• Complete workers throughout all occupations: 2,587,890
• Common wage for workers in $100K+ occupations: $120,481
• Price of residing (in comparison with common): -1.8%

4. Richmond, VA

• Share of workers in $100K+ occupations: 8.0%
• Complete workers in $100K+ occupations: 49,400
• Complete workers throughout all occupations: 617,020
• Common wage for workers in $100K+ occupations: $125,655
• Price of residing (in comparison with common): -4.6%

3. Detroit-Warren-Dearborn, MI

• Share of workers in $100K+ occupations: 8.7%
• Complete workers in $100K+ occupations: 156,000
• Complete workers throughout all occupations: 1,801,530
• Common wage for workers in $100K+ occupations: $120,756
• Price of residing (in comparison with common): -2.9%

2. Charlotte-Harmony-Gastonia, NC-SC

• Share of workers in $100K+ occupations: 11.7%
• Complete workers in $100K+ occupations: 141,090
• Complete workers throughout all occupations: 1,209,890
• Common wage for workers in $100K+ occupations: $124,459
• Price of residing (in comparison with common): -5.4%

1. Raleigh-Cary, NC

• Share of workers in $100K+ occupations: 11.8%
• Complete workers in $100K+ occupations: 74,860
• Complete workers throughout all occupations: 633,260
• Common wage for workers in $100K+ occupations: $122,832
• Price of residing (in comparison with common): -4.3%

Methodology

The information 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 Price Parities.

To find out the reasonably priced metropolitan areas with probably 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 residing is beneath the nationwide common.

Within the occasion of a tie, the situation with the larger whole variety of workers in occupations the place the median wage is over $100,000 was ranked increased. To enhance relevance, solely metropolitan areas with at the very least 100,000 residents have been included.