Adam McCann, Financial Writer

Jan 22, 2020

STEM workers are in fierce demand, and not just in the global epicenter of high tech known as Silicon Valley. According to the latest U.S. Bureau of Labor Statistics analysis, 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. Our data set ranges from per-capita job openings for STEM graduates to annual median wage growth for STEM jobs. Read on for our findings, additional insight from our panel of experts and a full description of our methodology.

Main Findings

Best Cities for STEM Jobs

Overall Rank

(1 = Best) Metro Area* Total Score 'Professional Opportunities' Rank ‘STEM-Friendliness’ Rank ‘Quality of Life’ Rank 1 Seattle, WA 71.78 1 8 19 2 Boston, MA 68.04 7 1 64 3 Austin, TX 67.16 5 20 14 4 Atlanta, GA 66.39 6 22 13 5 Pittsburgh, PA 66.06 13 14 11 6 San Francisco, CA 65.27 3 3 63 7 Raleigh, NC 64.14 4 16 38 8 Madison, WI 63.20 21 18 17 9 Minneapolis, MN 61.30 26 19 23 10 San Diego, CA 60.97 27 31 7 11 Sacramento, CA 60.66 50 6 31 12 Orlando, FL 60.25 10 32 29 13 Cincinnati, OH 59.85 30 30 12 14 Columbus, OH 59.65 39 23 22 15 Salt Lake City, UT 58.80 8 41 26 16 Washington, DC 58.59 2 58 43 17 Hartford, CT 58.37 23 15 15 18 Chicago, IL 58.10 52 17 24 19 San Jose, CA 57.96 11 13 68 20 Worcester, MA 57.30 38 9 51 21 Tucson, AZ 57.12 29 39 27 22 Los Angeles, CA 56.55 60 4 57 23 Tampa, FL 56.49 25 36 35 24 Springfield, MA 55.97 89 2 8 25 Portland, OR 55.55 43 33 33 26 Denver, CO 55.05 14 34 53 27 Dayton, OH 55.04 18 51 1 28 Colorado Springs, CO 55.00 28 65 21 29 St. Louis, MO 54.87 16 55 41 30 Philadelphia, PA 54.60 41 12 66 31 Baltimore, MD 54.53 9 11 86 32 Boise, ID 53.53 59 61 9 33 Albany, NY 53.26 22 38 18 34 Houston, TX 53.01 48 24 52 35 Richmond, VA 52.65 20 35 60 36 Dallas, TX 52.41 31 27 61 37 Des Moines, IA 52.03 12 86 25 38 Phoenix, AZ 51.77 56 37 42 39 Rochester, NY 51.41 47 40 39 40 Allentown, PA 51.03 76 10 47 41 Omaha, NE 50.95 42 88 20 42 New York, NY 50.63 63 7 79 43 Charlotte, NC 50.43 24 52 58 44 Syracuse, NY 50.36 40 50 3 45 Spokane, WA 49.85 51 29 54 46 Harrisburg, PA 49.67 19 64 16 47 Nashville, TN 49.67 46 28 67 48 Greenville, SC 49.63 15 77 5 49 Buffalo, NY 49.04 57 43 49 50 New Haven, CT 48.53 85 5 78 51 Provo, UT 48.40 17 76 30 52 Knoxville, TN 47.96 32 69 48 53 San Antonio, TX 47.73 68 56 45 54 Cleveland, OH 47.03 77 25 70 55 Charleston, SC 46.58 33 95 32 56 Louisville, KY 46.22 34 73 65 57 Providence, RI 46.04 65 48 55 58 Albuquerque, NM 45.98 73 68 44 59 Las Vegas, NV 45.54 61 90 34 60 Oklahoma City, OK 45.41 55 91 37 61 Jacksonville, FL 45.38 64 60 56 62 Grand Rapids, MI 45.31 71 70 36 63 Indianapolis, IN 45.27 44 45 82 64 Kansas City, MO 44.91 49 72 62 65 Milwaukee, WI 44.35 69 49 69 66 Virginia Beach, VA 43.87 67 54 72 67 Columbia, SC 43.84 45 75 59 68 Miami, FL 43.83 58 44 81 69 Greensboro, NC 43.33 66 53 77 70 Ogden, UT 42.77 35 93 6 71 Detroit, MI 42.39 37 42 92 72 New Orleans, LA 42.03 79 83 50 73 Palm Bay, FL 41.68 36 94 10 74 El Paso, TX 41.05 95 74 46 75 Bakersfield, CA 41.01 83 59 74 76 Birmingham, AL 40.87 54 85 76 77 Youngstown, OH 40.87 80 78 2 78 Bridgeport, CT 40.46 53 47 93 79 Honolulu, HI 40.00 87 98 40 80 Riverside, CA 39.58 88 21 96 81 Akron, OH 39.24 74 79 71 82 Oxnard, CA 37.58 93 26 95 83 Augusta, GA 36.59 62 89 84 84 Winston, NC 36.48 81 66 89 85 Tulsa, OK 36.46 75 99 73 86 Scranton, PA 35.96 97 71 4 87 Wichita, KS 35.86 82 84 85 88 Fresno, CA 35.42 98 46 88 89 Baton Rouge, LA 35.29 72 96 80 90 Chattanooga, TN 34.72 78 92 83 91 North Port, FL 34.68 90 62 87 92 Memphis, TN 32.56 84 67 98 93 Lakeland, FL 32.43 92 81 75 94 McAllen, TX 32.25 100 80 28 95 Deltona, FL 32.21 94 63 97 96 Toledo, OH 31.38 91 82 91 97 Stockton, CA 31.37 96 57 99 98 Jackson, MS 30.34 70 100 94 99 Little Rock, AR 29.92 86 97 90 100 Cape Coral, FL 25.77 99 87 100

*“Metro Area” is a simplified label for Metropolitan Statistical Area (MSA), which was used for our sample.

Ask the Experts

Like all professions, STEM occupations pose challenges to graduates who wish to pursue such careers. For guidance, we asked a panel of experts to share their advice for both job seekers and local governments that stand to benefit from growth in the field. Click on the experts’ profiles to read their bios and responses to the following key questions:

How do STEM graduates perform in the labor market relative to graduates from other fields? According to recent census figures, the majority of STEM graduates do not ultimately work in a STEM occupation. Why is that the case? How can the U.S. stay ahead of other countries in attracting and training the best STEM professionals? How can local authorities make their cities more appealing to STEM graduates and technology companies? How can government, employers and educators increase the number of women and minorities in STEM fields?

Methodology

In order to determine the best job markets for STEM professionals, WalletHub compared the 100 most populated U.S. metropolitan statistical areas (MSAs) — metro areas, for short — across three key dimensions, “Professional Opportunities”, “STEM-Friendliness” and “Quality of Life.”

We evaluated those dimensions using 21 relevant metrics, which are listed below with their corresponding weights. Each metric was graded on a 100-point scale, with a score of 100 representing the most favorable conditions for STEM professionals. Data for metrics marked with an asterisk (*) were available only at the state level.

Finally, we determined each metro area’s weighted average across all metrics to calculate its overall score and used the resulting scores to rank-order our sample.

Professional Opportunities – Total Points: 33.33

Job Openings for STEM Graduates per Capita: Double Weight (~6.35 Points)

Share of Job Postings in Tech: Full Weight (~3.17 Points)

Note: This metric measures the share of job postings in tech out of total postings on Indeed.com.

Share of Workforce in STEM: Double Weight (~6.35 Points)

STEM Employment Growth (2018 vs. 2015): Double Weight (~6.35 Points)

Unemployment Rate for Adults with at Least a Bachelor’s Degree: Full Weight (~3.17 Points)

Note: “Adults” include the population aged 25 years and older.

Annual Median Wage for STEM Workers: Full Weight (~3.17 Points)

Note: This metric was adjusted by the cost of living.

Average Monthly Earnings for New Employees in STEM Industries: Full Weight (~3.17 Points)

Median Wage Growth for STEM Workers (2018 vs. 2015): Half Weight (~1.59 Points)

STEM-Friendliness – Total Points: 33.33

Mathematics Performance*: Full Weight (~5.13 Points)

Note: This metric considers standardized math test scores of fourth and eighth graders.

Number of Best Engineering Schools: Full Weight (~5.13 Points)

Note: This metric measures the number of engineering universities in the top 105 of U.S. News & World Report’s “Best Engineering Schools” ranking.

Quality of Engineering Universities: Full Weight (~5.13 Points)

Note: This metric is based on U.S. News & World Report’s “Best Engineering Schools” score.

Disparity of Women vs. Men in STEM Occupations: Half Weight (~2.56 Points)

Disparity of Women vs. Men in STEM Field of Degree: Half Weight (~2.56 Points)

Research & Development (R&D) Spending & Intensity*: Full Weight (~5.13 Points)

Invention Patents per Capita*: Half Weight (~2.56 Points)

Note: “Invention Patents” refers to state-granted invention patents including utility, design, plant, and reissue patents.

Tech Meetups per Capita: Half Weight (~2.56 Points)

Presence of Tech Summer Programs: Half Weight (~2.56 Points)

Note: This binary metric considers the presence or absence of Tech Summer Programs in the cities.

Quality of Life – Total Points: 33.33



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Sources: Data used to create this ranking were collected from the U.S. Census Bureau, Bureau of Labor Statistics, United States Patent and Trademark Office, National Center for Education Statistics, National Science Foundation, Council for Community and Economic Research, Indeed, U.S. News & World Report, Meetup, iD Tech and WalletHub research.

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