Wednesday January 22, 2020 0 comments
COLORADO -- Denver and Colorado Springs placed No. 26 and No. 28 respectively on a new list of “Best Metro Areas for STEM Professionals” compiled by WalletHub.
Cities across the nation were ranked based on such things as “Professional Opportunities,” “STEM Friendliness,” and “Quality of Life.”
According to the WalletHub study, STEM workers are in fierce demand, and not just in the global epicenter of high tech known as Silicon Valley.
The latest U.S. Bureau of Labor Statistics analysis indicates STEM -- science, technology, engineering and math -- professions are expected to grow 8.8% between 2018 and 2028, compared to just 5.0% for all other occupations.
In addition, the median annual STEM wage is $84,880, compared to $37,020 for all non-STEM occupations.
Given their growing demand, STEM careers today provide some of the most lucrative employment opportunities. They pay higher salaries and boast far fewer threats of unemployment compared with other types of jobs.
According to the latest BLS statistics, software developers can expect the most job growth, with 241,500 new jobs between 2018 and 2028. Computer and information systems managers will enjoy the highest median wage, at $142,530.
To determine the best markets for STEM professionals, WalletHub compared the 100 largest metro areas across 21 key metrics.
The Top 10 metro areas for STEM professionals in 2020 are:
- San Francisco
- San Diego
To view the entire report, click here.