Jobs that pay a salary of $500,000 a year? This US city offers them

The average American salary is $63,795 per year, according to figures from the Social Security Administration. However, there are certain parts of the country where possible earnings increase considerably, reaching up to $500,000 per year.

According to a study conducted by ADP Research, an organization that focuses on the labor market, there is one city in the United States, specifically in the state of California, where jobs with salaries of $500,000 are abundant: it’s San Francisco, the city which pays the highest wages in the country.

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Jobs that pay a salary of $500,000 a year? This US city has them

According to the ADP study, one in 127 jobs in the U.S. pays more than $500,000 a year. However, in San Francisco, this ratio is higher: that’s one in 48 jobs. This is due to the technological industry that dominates the region.

“The Bay Area’s considerable advantage likely reflects not only the dominance of technology in its economy and workforce, but also its position as a hub for top industry talent and the corporate giants that rely most on its expertise,” the report explains.

A far second to San Francisco is Austin, Texas, where the frequency is 1 in 96, or almost half that of the California city.

Here are the top 10 cities where it is most common to find jobs with salaries of $500,000 a year, according to ADP Research.

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