ARIZONA NEWS

Phoenix, Tucson among the US cities with the most growth in high-paying jobs

Jan 3, 2022, 7:15 AM
(Facebook Photo/City of Phoenix, AZ USA)...
(Facebook Photo/City of Phoenix, AZ USA)
(Facebook Photo/City of Phoenix, AZ USA)

PHOENIX — The number of high-paying jobs in Arizona’s two largest metropolitan areas has increased more than nearly anywhere else in the country over the past few years, according to a new report.

Real estate software company Stessa determined the cities with the largest growth in six-figure jobs from 2015 to 2020 using the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics tables.

Out of large metros, the Phoenix area had the second-highest increase in the country (217.1%), trailing only Nashville, Tennessee (270.9%).

The report found metro Phoenix had a total employment of 180,740 in six-figure jobs in 2020, up from 57,000 in 2015, and representing 8.6% of total employment.

Metro Phoenix’s median annual wage across all occupations in 2020 was $41,300, according to the report.

Not far behind metro Phoenix was Tucson, which had the eighth-largest high-paying job growth among large metros.

Tucson’s total employment in six-figure jobs in 2020 was 13,730, up 156.2% from 5,360 in 2015, and representing 3.7% of the total employment.

The median annual wage across all occupations in 2020 for the southern Arizona city was $38,900.

Aided by Phoenix and Tucson, Arizona as a whole saw a percentage increase in six-figure jobs over the five years of 202.5%, good for third-best in the nation.

The median annual wage across all occupations for the state in 2020 was $40,260, with 5.9% of total employment making six figures last year.

Stessa said most of the high-paying jobs are for general and operations managers, followed by software developers, lawyers, financial managers and computer and information systems managers.

The company added that areas like Phoenix with lower costs, a strong labor supply and top universities can be a major draw for companies looking to expand.

Lifetime Windows & Doors

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

(AP File Photo)...
Kevin Stone

Arizona man sentenced to 15 years for selling fentanyl that caused fatal OD

An Arizona man was sentenced Tuesday to 15 years in federal prison for supplying the fentanyl that killed a woman 2½ years ago.
23 hours ago
(Facebook File Photo/Phoenix Police Department)...
KTAR.com

Pedestrian crossing street killed in Laveen following hit-and-run

Phoenix police are investigating a fatal hit-and-run collision after a pedestrian died Tuesday evening in Laveen Village.
23 hours ago
(Coronado National Forest Photo)...
Kevin Stone

Forest officials warn visitors about shipping container wall at Arizona border

Officials are warning Coronado National Forest visitors about potential safety hazards related to shipping container border wall construction in southern Arizona.
23 hours ago
Shaqueila Hudson (Maricopa County Sheriff's Office Photo)...
KTAR.com

Woman accused of fatally stabbing father during argument in Phoenix

A woman was arrested for allegedly stabbing her father to death during an argument Tuesday in Phoenix, authorities said.
23 hours ago
(Photos via Buckeye Police Department)...
KTAR.com

Buckeye Police boost reward to $12,000 for tips in fatal hit-and-run of 16-year-old girl

Authorities have upped the reward for tips in the fatal hit-and-run of a 16-year-old girl more than two years ago in Buckeye.
23 hours ago
(AP Photo/Matt Rourke)...
KTAR.com

Mesa police fatally shoot man who allegedly drove into patrol vehicle

Police shot and killed a man who allegedly drove into a patrol vehicle outside a Mesa convenience store early Wednesday.
23 hours ago

Sponsored Articles

...
Quantum Fiber

How high-speed fiber internet edges out cable for everyday use

In a world where technology drives so much of our daily lives, a lack of high-speed internet can be a major issue.
(Desert Institute for Spine Care photo)...
DESERT INSTITUTE FOR SPINE CARE

Why DISC is world renowned for back and neck pain treatments

Fifty percent of Americans and 90% of people at least 50 years old have some level of degenerative disc disease.
(Photo via MLB's Arizona Fall League / Twitter)...
Arizona Fall League

Top prospects to watch at this year’s Arizona Fall League

One of the most exciting elements of the MLB offseason is the Arizona Fall League, which began its 30th season Monday.
Phoenix, Tucson among the US cities with the most growth in high-paying jobs