These Are The Places In America Where All Your Salary Goes To Rent

Submitted by Priceonomics

A career in “business” is broad enough that it can mean just about anything. Hundreds, if not thousands of jobs, can be classified as “business” related work ranging from being an accountant to a chief medical officer.

We analyzed data from Priceonomics customer Business Student.com, a company that has created an index of 127 “business” careers, where they track the average salaries and how they vary by location. While these jobs are by no means comprehensive of all jobs in business, they comprise a representative index of business careers and their salaries, that we call the “Business Jobs Index.”

So what are the highest and lowest paying jobs in our index? Which cities have highest paying business jobs and where you’ll still have money leftover after paying rent if you live there?

Across our business index, the highest paying job paid $187,000 on average in the United States (Medical Director). The lowest paying business job we track is Security Supervisor, which pays $31,000 per year. The average business job we track pays $75,000 per year.

Across the country, the highest paying business jobs are in Washington, DC, California, New York, and Massachusetts. The states with the lowest paying business jobs are Montana, Idaho, and North Dakota. We also analyzed 215 of the largest job markets in America to find the cities that have the highest business salaries; all five of the top cities with the highest paying business jobs are located in Silicon Valley, with Palo Alto, CA having the highest paying jobs of all.

Lastly, we found there were a number of cities like San Francisco, Miami and Los Angeles that have high paying business jobs, but most of your income will go to paying rent.

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Before diving into the data, a brief note on the methodology of our Business Jobs Index. The index is comprised of 127 popular business jobs.

For each of these jobs, we track the average salary on Indeed.com by location.

In our index, the highest paying jobs are senior positions in the medical industry or “C-suite” position like Chief Marketing Officer. The vast majority of the business jobs in our index pay less than a $100,000 salary however.

Popular jobs like Social Media Manager, Accountant, and HR Coordinator all pay less than $50,000 per year.

Which states pay the most in our Business Jobs Index? The following chart shows the average salary of business jobs by state, ranked from highest to lowest:

Washington DC, California, New York, and Massachusetts are the four highest paying places for business jobs, where the typical position pays around $90,000 per year.  The lowest paying states for business jobs are mostly in the MidWest.

Next, how much do business salaries vary by city? We analyze the average business salary on the 215 largest job markets we track. The chart below shows the cities with the highest and lowest salaries:

Almost unbelievable, the top nine highest paying cities for business jobs are all in the San Francisco Bay Area.

The high cost of living and number technology employers have catapulted business salaries in the Bay to over $100,000 per year and nearly twice as much as cities on the “lowest” business salaries list.

However, places that pay a lot of money also tend to be very expensive. We were curious, after you have to pay your rent, how much of your salary is left for anything else?

Below, we show the average salary by city, the average monthly rent for a two bedroom apartment according to Rent Jungle, and how much money is left over on an annual basis. For it, we looked at the top 65 largest markets on our site (excluding Athens, GA where there was no rent data available).  Keep in mind this is a preliminary analysis that doesn’t include taxes, child care, partner-earnings, or other factors that can influence cost of living.

The cities where you have the most money leftover after rent are a mix of ones with high salaries (Palo Alto, San Jose, Sunnyvale) and ones with decently high salaries but low rents (Detroit, Chicago, Las Vegas). Considering that some of the states these cities are in have relatively high state income taxes (California) and others have zero state income tax (Texas, Nevada), further analysis should include taxes and other expenses.

And which cities do you have the least money leftover after rent? Below are the top ten:

The places where most of your paycheck goes to rent is actually cities with high salaries but very high rent. Only College Station and Orlando have relatively low rent and make the list because of low salaries. Most of the other cities are places like San Francisco with high salaries but exorbitant rent ($4,509 for an average two bedroom apartment rental).

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Conclusion

There is a huge variety of business jobs out there with an equal variance in salaries. Not all jobs pay a lot, but some do, especially in California, New York, Massachusetts and Washington, DC.

However, cities that pay a lot in salaries also typically have very high cost of living. The city with the highest business salaries is Palo Alto, but it’s also a place with some of the highest property prices in the country. Additionally, some places like San Francisco and Los Angeles do have high salaries, but you don’t take home very much money after your rent.

Curious how much money you’ll have leftover from your paycheck after you pay rent? Here’s the list of all the cities we analyzed:

Comments

NidStyles sanctificado Wed, 08/08/2018 - 21:58 Permalink

You mean when I am walking instead of driving and doing nothing but getting paid? 

 

What, you going to do more bullshit than what you are? This is the last tank of gas chief. ⛽️ yourself 

I won’t have any electronics that you can track me by, and the Feds aren’t going to play the game anymore. Then it’s just you guys versus me. You’re fucked.

 

In reply to by sanctificado

lock-stick NidStyles Wed, 08/08/2018 - 22:12 Permalink

It's all ONE SICK, PATHETIC SPAMMER!!!

•• Sanctificado

•• roea.rita ("I SUCK DICK ON THE INTERNET FOR LAND ROVERS!")

•• Adolfsteinbergovitch ("I TORMENT THE WOMAN WHO SUCKS DICK!")

•• Cryptopithicus Homme (bitcoin spammer - imaginary "friend")

•• Free This (ABOVE, in all his 7th grade glory - JACKASS  as new icon!)

•• lisa.roy39  ("I SUCK DICK ON THE INTERNET FOR LAND ROVERS!")

•• Leakanthrophy (PORN for Jesus!)

•• 07564111 ("I PRETEND I DON'T KNOW ANY OF THEM!")

•• MoreSun (whacked, OH SO WHACKED!!)

•• Africoman

•• beemasters

•• PrivetHedge

•• Cheolli

•• bobcatz

dozens and dozens and dozens of banned log-on's -- more than seven years!

 

....and all the while, the pathetic little SPAMMER sits in his leaky, moldy, smelly single wide in Western New York, surrounded by garbage and dirty clothes, trying to find his dick amidst rolls of fat, talking to his ACTION FIGURES and wondering where his life went.

In reply to by NidStyles

All Risk No Reward NidStyles Thu, 08/09/2018 - 01:38 Permalink

Let me simplify reality...

When money is defined and produced by Money Power Monopolists of the Banking Clan, they can use their power to cause all kinds of distortions in a society where 10's of millions of people will do almost anything for money and perceived government sanctioned safety.  This is why criminals working for the Money Power agenda are often protected from their criminal activity - even when caught and the crime was publicly elucidated on national television by the head of the FBI.

You know, the chick PROTECTED by BankstoTrump who LIED about locking her up.

LIED to suckers who want to be told lies, anyway.

In reply to by NidStyles

stampman iamfromindia Thu, 08/09/2018 - 01:51 Permalink

 

A fat fart from East India said: "85% of White males sexually fantasize about children. Braggs, et al. 2016."

99% of East Indians are practicing pedophiles.  Stampman et al 2018.

And your citation grammar stinks too.

We have real Indians here in USA.  You East Indians are all nothing but fake Indians and pedophiles.  ALL OF YOU.

Coolie much Mr. Kripalsingh?

In reply to by iamfromindia

Free This roea.rita Wed, 08/08/2018 - 21:45 Permalink

Fuck you and all your racist asshole conspiracy theorists here! FEEL ME ASSHOLE! You did not make me leave, I ignored your stupid cunt trashing the threads up every day too. I LEFT ON MY OWN VOLITION not your fucking NOISE. On my own terms - You All Can Kiss My ASS!

I am but one fucking logon and I am a BAD MUTHERFUCKER - SEE YOU CUNTS ON THE FIELD OF GLORY and I WILL KNOW YOU before you know ME!

SHIT IS ABOUT TO GET REAL ASSHOLES - and you ignore my warnings, well, you all will be EATING SHIT soon enough!

This is my GOODBYE PRESENT to the smug little PRICKS you are! You will be left with the other asshats as I will be gone. I prepare - you fucking keep typing FOOLS.

SIC SEMPER TYRANNIS - An AMERICAN PATRIOT

In reply to by roea.rita

lock-stick Free This Wed, 08/08/2018 - 22:14 Permalink

It's all ONE SICK, PATHETIC SPAMMER!!!

•• roea.rita ("I SUCK DICK ON THE INTERNET FOR LAND ROVERS!")

•• Free This (ABOVE, in all his 7th grade glory - JACKASS  as new icon!)

•• Adolfsteinbergovitch ("I TORMENT THE WOMAN WHO SUCKS DICK!")

•• Cryptopithicus Homme (bitcoin spammer - imaginary "friend")

•• lisa.roy39  ("I SUCK DICK ON THE INTERNET FOR LAND ROVERS!")

•• Leakanthrophy (PORN for Jesus!)

•• 07564111 ("I PRETEND I DON'T KNOW ANY OF THEM!")

•• MoreSun (whacked, OH SO WHACKED!!)

•• Africoman

•• Sanctificado

•• beemasters

•• PrivetHedge

•• Cheolli

•• bobcatz

dozens and dozens and dozens of banned log-on's -- more than seven years!

 

....and all the while, the pathetic little SPAMMER sits in his leaky, moldy, smelly single wide in Western New York, surrounded by garbage and dirty clothes, trying to find his dick amidst rolls of fat, talking to his ACTION FIGURES and wondering where his life went.

In reply to by Free This

Endgame Napoleon roea.rita Thu, 08/09/2018 - 14:03 Permalink

Why do that when you could be an account manager—a CSR—in any number of “voted-best-for-moms” jobs with nationally known corporations, which, in my state, mostly pay between $9 per hour (lowest) and $12 per hour (college grads). Ditto for the non-managerial back-office jobs, like underwriting and credit processing. 

These companies are always hiring for the same positions, churning part-time workers and temps via temp agencies that reduce their HR and other expenses.

A few high paid managers—paid 3 to 20 times as much as others—likewise work in these corporate buildings, which are stuffed full of people who cannot cover rent on their pay, albeit they tell you that “The women we have working here have somethin’ comin in” from spouses, ex spouses or monthly welfare and refundable child tax credits. That “somethin’”—not their wages—covers their major household bills. 

At the most, one or two companies pay $14 per hour ($28k). A few jobs include commission that bumps up pay, assuming it is not paid only sporadically when quotas are met. You must work in a larger company, with more cash flow, to get regular commission, regardless of quota-meeting.  

In reply to by roea.rita

Yen Cross Wed, 08/08/2018 - 21:14 Permalink

  This is a nice article!  Some Millennial deserves a gold star.

  BTW, San Diego employment dropped off .3% in July.

  Ohhh, My neighbor took his house off the market, and the house next door is for sale for $100k less than it was 16 months ago, and being rented out.

   Sold for 1.8m - now 1.6m .  Probably the high air conditioning bills? /s

 

stampman Yen Cross Thu, 08/09/2018 - 02:20 Permalink

LOL.  I notice the list of 'business jobs' had no STEM component, lacking engineers, nurses, educators, geologists, biochemists etc etc.

No, the list was nothing but a bunch of 'nothing' jobs.  A waste of time for everyone but professional freeloaders.

Headed by 'Medical Director' of course.

My brother is a medical director.  He is now working one week per month at full salary and bonus, for about $1m per year.

Note these reported salaries do not include possible bonuses, which in some cases can amount to nearly all of the actual pay.  For example, my brother's bonus is about 3x his salary.

My other brother is a MIC biz/gov revolving door guy with a security clearance.  He makes a shitload too.

I had better grades than both of those guys, and I made $3400 last year.  But with brothers like those, who gives a fuck?

Moral:  truth is fairly worthless in monetary terms.

In reply to by Yen Cross

stampman Yen Cross Thu, 08/09/2018 - 02:36 Permalink

I hope employment in San Diego drops 80%.  Then I can move back to LJ and reclaim my rightful spot on the beach in front of Casa de Manana, hit the links at Torrey Pines again 2-3 times weekly, fish for perch off of Crab Rock again, and date monied international women of all ages again.

But at present, all of San Diego has evolved into a SHITHOLE where they must bleach the streets.

In reply to by Yen Cross