The Bureau of Labor Statistics found this week that the average wage in the San Francisco-Redwood City-South San Francisco metropolitan area is 53% higher than the national average. The lead San Francisco enjoys applies to all occupation groups. It is noteworthy that employment in San Francisco is more highly concentrated in fields related to tech and business than the rest of the nation as well. The survey demonstrates the economic diversity and well-being San Francisco has to offer.
Even more interesting? The region has a much higher concentration in certain work sectors, such as the tech, services, retail and restaurant industries.
“When compared to the nationwide distribution, local employment was more highly concentrated in nine of the 22 occupational groups, including computer and mathematical; business and financial operations; and management,” the survey’s authors write.
Conversely, 12 groups had employment shares significantly below their national representation, including production; healthcare practitioners and technical; and education, training and library.”
Read more: San Francisco Business Times San Francisco workers earn 53% more than the national average