Your daily dose of Austin
Smartphone image
×
Make your inbox more Austin.
Local news and fun, every day 6am.
Austin tech salaries are tens of thousands of dollars higher than the average for other workers

(Austonia)

It’s a long-time trend that tech workers earn salaries that double or even triple the average salary of other workers in the area, and Austin is no exception.


Austin techies are averaging $150,026 annually compared to $78,224 for all other industries. It’s following a nationwide pattern where tech salaries average more than 65% higher than other occupations.

The nearly $72,000 difference is seen in a new report on the Central Texas economy by the Austin Chamber of Commerce. The report also shows average annual salaries for all industries have gone up 8.5% from 2020, trailing not far behind the salary growth of nearly 10% for tech jobs in that same time frame.

Tech manufacturing jobs are paying particularly well. The chamber reports salaries tend to be higher in this sector, at $159,593 on average.

(Austin Chamber of Commerce)

These growing salaries accompany Austin’s shining status as a tech hub, with more than 80,000 high-tech information and other IT jobs accounting for a significant share of the jobs here. Tech jobs represent 16.7% of jobs in Austin, compared to 9.2% nationally.

As Austin rides that wave, the city and other groups have made a push to get people into manufacturing jobs and other parts of the tech industry that are hot in Central Texas. Mayor Steve Adler, Workforce Solutions Capital Area and others announced a “hire local” plan in June and talked about the importance of getting Austinites to fill roles of companies growing and relocating here.

But despite these efforts to get locals jobs in the growing tech scene, this income difference comes at a time when affordability woes are causing some longtime residents to feel pushed out. And with a migration out of the city's center comes an impact that's ironic for a tech hub: a digital divide.

A recent study by research organization MEASURE pointed to residents feeling that the growing cost of living is a threat to digital equity. That’s because as people are pushed further out due to housing costs, more time and money are required to reach publicly available internet sources.

One participant described a “digital caste system” in Austin.

“We deem some people worthy of resources (and some) people unworthy of other resources… It's not like we lack the money or technology for everyone to have access,” the participant said.

Popular

Austin ranks No. 2 for best barbecue city in US

(Terry Black's Barbecue)

Austin and fellow Texas cities unsurprisingly dominated a new list ranking the top U.S. cities for barbecue.

Keep ReadingShow less