While real wages may be down 8% in the US since 2006, the tech industry paid an annual average wage of $93,800 in 2012, which is 98% more than the average private sector wage of $47,400. And California tech workers earn the highest average annual wage of $123,900, according to the TechAmerica Foundation.
Software Services Leading
The Cyberstates 2013 Key Findings include that the software services sector grew by 63,900 jobs in 2012, a 3.5 percent increase. Leading the way in high-tech employment was California (968,800), Texas (485,600), New York (318,200), Virginia (285,400 – 9.8% of with private sector workforce), and Florida (270,900).
Following California, Massachusetts tech industry workers were paid the highest annual average wage of $116,000, and Washington was in third place at $110,200. Tech wages on average were double the overall private sector wage in these states: California, Washington, Idaho, Oregon, New Mexico, Virginia, Arizona, and North Carolina. (more…)