Business Systems Analyst Salary Houston
Business Systems Analyst Salary Houston – In 2020, despite the economic turmoil caused by the global pandemic, America’s technology sector experienced rapid growth. Last year, the total number of tech jobs in the United States increased by 60,000.
Because of this demand, US employers are willing to pay for the right talent – tech workers in the US earn on average about 61% more than the average salary. But some tech workers earn more than others, depending on where they live.
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This graphic from business.org uses data from the Bureau of Labor Statistics (BLS) to highlight average annual tech salaries in each state compared to average salaries for other occupations. We also cover the highest paying metro areas and what tech jobs offer the highest compensation across the country.
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Perhaps unsurprisingly, Washington and California have the highest average wages, due in large part to the high employment density of these areas.
However, when it comes to the difference in tech salary compared to the average salary, Alabama comes out on top – Tech jobs pay an average of 85% more than other occupations in that state.
Why are tech workers so generously compensated in Alabama? It could be because the talent in the area doesn’t match the demand.
In 2021, Huntsville, Alabama is expected to see 25,000 new jobs in aerospace, logistics, defense and other technology-related industries. But those jobs can be hard to fill because of the region’s low unemployment rate.
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At the other end, the District of Columbia, there is the smallest gap between tech and other wages. But at $95,330, the region has the highest average annual salary in the country for other occupations — and for tech workers.
For example, when it comes to tech pay gaps, two of the top 10 metro areas are in Washington state and three are in California. In the graphic below, you can see the metros with the biggest difference between the average salary in the area and the average salary for engineering jobs.
The largest pay gap between tech jobs and the median wage is in San Jose, where tech workers earn an average of 507% more. This number is almost certainly skewed because there are many tech millionaires and top-level programmers in the area.
Of course, location is not the only factor that affects salary – the type of work is also important. Here’s a look at US tech salaries by job type:
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In this analysis, which looked at computer science and math jobs, actuaries are the highest-paid professionals on average.
While actuaries are more on the mathematical and financial side of the equation, more generally tech-related jobs are also all over the list: software developers, computer network architects, security analysts, data scientists, programmers, network developers, computer systems analysts, and so on.
America’s information technology sector, worth about $1.6 trillion, is expected to grow to $5 trillion by the end of 2021. And as this fast-growing industry continues to rise, jobs in this field are likely to continue to be plentiful.
Augmented reality (AR) in the US looks particularly promising and is projected to grow at a CAGR of 100% from 2021 to 2025.
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Personal Finance How Americans Spend Their Money Across Generations? This interactive graphic shows a breakdown of how the average American spends their money and how spending varies between generations.
In 2021, the average American spent just over $60,000 a year. But where does all their money go? Not surprisingly, spending habits vary wildly by age.
This graphic by Preethi Lodha uses data from the US Bureau of Labor Statistics to show how the average American spends their money and how Annual Spending varies between generations.
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Overall, in 2021, Generation X (everyone born between 1965 and 1980) spent the most money of any generation in the United States, with an average Annual Spending of $83,357.
The “sandwich generation” because many members of this age group financially support both their aging parents and their own children.
The second largest spenders are Millennials, with an average Annual Spending of $69,061. Just like Generation X, this generation’s top three spending categories are housing, healthcare and personal insurance.
At the opposite end of the scale, members of Generation Z spend the least at an average of $41,636 per year. Their spending habits are expected to rise, especially considering that in 2022, the oldest generations will only be 25 years old and still at the beginning of their careers.
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Although spending habits vary by age group, there are some categories that remain fairly consistent across the board.
One of the most consistent spending categories is housing—it’s by far the largest spending item for all age groups, accounting for more than 30% of annual spending for each generation.
Another category of consumption that is surprisingly consistent across generations is entertainment. All generations spent more than 4% of their total spending on entertainment, but none had more than 5.6%.
Generation Zers used the least amount of entertainment, which could be summed up as the typical entertainment of this generation. For example, the study found that 51% of respondents between the ages of 13 and 19 watch videos on Instagram weekly, while only 15% watch cable TV.
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As shown in the table below, the Silent Generation spent an average of $7,053 on healthcare, or 15.8% of their average total spending. By comparison, Gen Z spent an average of just $1,354, or 3.3% of their average total spend.
Although younger generations tend to spend less money on health care, they are also less insured – so sufferers can be left with a hefty bill.
Market The largest technology centers in the US and Canada 6.5 million skilled technology workers currently work in the US and Canada. Here’s a look at the two countries’ biggest tech hubs
The technical workforce is only growing. In fact, there are now an estimated 6.5 million tech workers between the United States and Canada, with 5.5 million working in the United States.
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This infographic is based on a CBRE report to determine which tech talent markets are the largest in the US and Canada. The data examines the industry’s total workforce and the change in the number of technology workers over time in different cities.
The report also ranks which metropolitan areas and regions can legitimately be considered technology hubs by looking at various factors such as cost of living, average education levels and technology employment levels in various industries.
Located in California’s Bay Area, Silicon Valley remains the most prominent (and expensive) technology center in the US, with nearly 380,000 technology workers.
Here’s a look at the country’s high-tech skills market by total number of employees:
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America’s big coastal cities still hold the lion’s share of tech talent, but mid-sized tech hubs like Salt Lake City, Portland, and Denver have seen strong growth in recent years. Home to both Amazon and Microsoft, Seattle posted an impressive 32 percent growth rate over the past five years.
Emerging tech hubs include areas like Raleigh-Durham. Both cities have nearly 70,000 employed tech workers and a strong talent pipeline, with degrees in fields such as math/statistics and computer engineering growing by 28% compared to 2020. In fact, the entire North Carolina state is becoming an increasingly attractive business center.
Tech giants like Google, Meta and Amazon are constantly and aggressively expanding their presence in Canada, further solidifying the country’s position as the next big destination for tech talent. Here are the country’s four technology centers with a total of more than 50,000 employees:
Toronto had the most growing tech jobs in 2021, adding 88,900 jobs. The tech sector in Canada’s largest city has experienced a lot of momentum in recent years, and is now ranked by CBRE as the third largest tech hub in North America, behind the SF Bay Area and New York.
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Vancouver’s number of tech talent grew the most from its original figure, at 63 percent. Companies based in Seattle, such as Microsoft and Amazon, have set up large offices in the city, adding to an already thriving tech scene. In addition, Google plans to build an undersea high-speed fiber cable that will connect Canada to Asia and terminate in Vancouver.
Ottawa has also taken great strides to increase its technical know-how and strengthen its presence so it doesn’t fall behind. The nation’s capital even has the highest concentration of tech workers in its workforce, thanks in part to the success of Shopify.
The small but well-known technology hub of Waterloo also had a very high concentration of technology employment (9.6%). The area’s technical workforce has grown by 8 percent in the past five years.
In the post-COVID era, the meaning of the technology center has changed. It’s clear that remote work is here to stay, and as workers move to chase affordability and convenience, traditional tech hubs will see some decline—or
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