Slashdot Mirror
Where the Highest Paying Tech Jobs Are
prostoalex writes "Where would you look for a high-paying tech job? If your answer is Silicon Valley or Research Triangle, Forbes magazine suggests some other destinations. When you take the cost of living and consider the net pay adjusted for that cost, places like Montgomery, Ala., Idaho Falls, Idaho, and Fort Smith, Ark. suddenly seem quite attractive."
...after factoring in the personal cost of having to live in Alabama or Idaho?
Unemployment in the Raleigh/Durham area is sub 4% (statewide is sub 5). Forget the pharm and biotech companies; we have Cisco, Symantec, Red Hat, Microsoft, GFI, and countless others. There are constantly tons of houses for sale because some many "northerners" (of which I am one, an Ohio transplant from last year) are moving down here, and cost of living is more than fair.
There are tons of tech jobs of every kind out there, especially programming positions. My wife is a teacher and the market for her is evening better than it is for me (as a network engineer/admin type).
I love Ohio, and I bleed scarlet and grey, but there is just no comparison between RTP and any major area in Ohio)
And for you elitest types (I keed!), RDP is home to the second highest percentage of PHD's (per capita) outside of Silicon Valley.
Ever feel like you are driving the getaway car?
In other third world countries where these tech jobs are being outsourced to, $USD400-$600/month is very high. I live in Manila, and the minimum wage is roughly less than $USD 6.00 daily. Those who work in outsourced tech-support call centers make $300 monthly and they're very happy about it. I had a short web-design stint making about $450 monthly and I was really really happy about it, to say the least. Single people here could live like kings on that.
I dislike the high cost of living, traffic, unaffordability of houses etc. in places such as Silicon Valley. But there are lot more companies where one can work for with decent salary. One's chances of finding another job with close to maximum salary in one's field are lot higher there without having to move.
These are not just idle concerns. I have been asking many such questions to myself recently as I am not in high-tech area such as Silicon Valley. There are no easy answers to such questions. These become even more difficult once one has family, house etc. and has established roots in one place.
Osho
I once oversaw moving a firms's HQ and IT functions from Silicon Valley to San Antonio, TX because of the "math" some white collar genius put together like this Forbes nonsense. Sure, the "average" wage was one-half of what it was in Palo Alto, but because of the "quality" of local talent, we ended up hiring THREE TIMES as many staff to do the same amount of work. (For the math-challenged, that meant productivity sucked by 50%.) This wasn't just a drain on company resources, but on the few people who DID know their chops and had to hoist it in for the dullards. Those that made the move and saw the disaster had to in turn move completely out of the area to restore sanity to their careers. And the "icing on the cake" is that San Antonio is the only place I've stood hip deep in mud and had sand blow in my face. No thanky-thanky.
+-+-+-+-+-+-+ "I don't know what's wrong with you, but I'm quite sure it's hard to pronounce."
I've considered India, but I'm seriously looking at Mexico and Costa Rica. I'm partial to Mexico because I love Mexican culture (and I already have many friends there), but Costa Rica is really an up and coming high tech nation.
It's possible to have a very high standard of living for less money in these countries. And if your material needs are not great, you can live incredibly cheaply, save up a bunch of money and retire early.
The other thing is that, depending on how you work it, you might not be taking a cut in pay at all. All many of us need is to be at the one end of a wire. These countries have internet infrastructure, at least in the bigger towns and cities. Last time I was in Mexico, I met two people that were living there and making a living this way. One was a daytrader (remember those?) and the other had a web development company he had basically started in the U.S. When he moved to Mexico, his clients hardly noticed. He's making even more money now because he's found a lot of local talented designers and coders that work for lower pay, but he's still getting paid the same. And because he pays at the upper end of the prevailing local wage, his workers love him.
Moreover, he told me that because he lives in Mexico, he's much less likely to have to go to a day long meeting to discuss what exact shade of green should be used to maximize the branding of a particular website. Clients are less likely to fly him in to discuss trivial shit. Or they fly out to him because it's an excuse to visit Mexico.
Anyway, if you can work at the end of a wire, seriously consider some of the developing nations. I can't guarantee that you'll prosper, but I can guarantee you'll have a very interesting time.
It's not offtopic, dumbass. It's orthogonal.
As someone who lives in Huntsville (born and raised here) and also does some business in Montgomery, I'd have to agree. I'm not aware of a whole lot of tech jobs available in Montgomery; there's always demand in Huntsville (especially as another 7-12 thousand Army and contracter jobs come to Huntsville in the next few years). I don't know how the cost of living compares (Huntsville is a good bit lower than the Atlanta area though). The "metro" areas around Montgomery and Huntsville are about the same size IIRC, but Huntsville has a lot more "outside" influence (German rocket scientists in the 1950s and people from all over the world since).
Huntsville can be an odd place sometimes; mixing rocket scientists and rednecks has interesting results.
You can laugh about Alabama. I did, until I came down for a job interview. Huntsville, AL is a great place. Because of the research park, there are people from all over the country. NASA and the Army's Redstone Arsenal have need for 30K to 50K high tech jobs.
Huntsville is a very high tech city, it has the 2nd largest research center in the US.
Brick houses (new) for under $100 a square foot. A brand new 4 bedroom, 3 bath 2500 square foot brick rambler on 1/3 of an acre in a new neighborhood for $240K. And it's not ramshackle construction.
Overall, AL has the lowest taxes in the US. Good schools, thanks to NASA and the rocket scientists at the Redstone Arsenal.
Insurance is a fraction of what I used to pay. Property taxes are less than 1/2 what I used to pay in a top 10 city for a house half that size. Electricity is cheap, thanks to the Tennessee Valley Authority. Gas is about the same as anywhere else, but there's no commute! No traffic! No crime! Do you know why there's no crime? Most of these people go to church! They have morals! It's not like NY City or Chicago, where you have to have Police on every street corner to keep the peace.
On top of all this, I'm making more than I was in the big city! It is 3 hours to Atlanta, 5 hours to the Gulf Coast. 90 minutes to Nashville, Birmingham, or Chattanooga. 3 hours to Memphis. It's 4 hours to the Smoky Mountains.
Winters are really mild, summers can get hot, but aren't as bad as Louisiana, Mississippi, Texas, or Florida. It's not as humid as Florida or the other neighboring states. It's not as dry, or as hot, or as polluted as Southern California or Phoenix.
The only bad thing... no Pro sports of any type unless you like the Atlanta teams.
Huntsville is a northern city transplanted in the south.
:)
Read what the AC said in this post. I'd write everything he said but I'm lazy. I'm an engineer, I work on Redstone Arsenal here in Huntsville, AL. Housing is cheap. Taxes are cheap. Utilities are cheap. While I was in college (I went to UAH) I was paying $350 a month for a 1-bedroom apartment. My wife and I just purchased a brand new brick home for $80 a square foot. Other homes in town, new, brick are going for $51 by reputable builders. My utilities bill is averaging $150 a month, including getting the lawn started (lots of water) and kids. Summers are freaking hot, being from Wisconsin, but the air conditioning is good and the house is well-insulated. Get a DirecTV so you can watch "real" sports
Huntsville has more PhD's per square mile than anywhere in the world, except Silcon Valley. Second biggest research park in the US, fourth in the world. Tons of R&D goes on here, both NASA and all aspects of Defense, biotech, etc. Benefits for most companies that I've seen are exceptional and educations (masters, PhD's) are admired. Most companies will put you through school if you want them.
Job A:
$50,000/year, $10,000 annual rent.
Job B:
$100,000/year, $40,000 annual rent.
Relative to the cost of rent, Job A is phenominal: You're making five times the cost of rent. Job B sucks: you're only earning 2.5 times rent. By this measure, job A is far and away the better option - by a factor of 2.
The thing is, once you've paid the varying rent, where do you spend the rest of your money? The decent spec new PC will be $2,000 in Rancho Santa Fe, Manhattan or BFI. The new $25,000 car will be $25,000 wherever you buy it. The big TV is the same price wherever. And, most important of all, the internet porn subscriptions run the same wherever you are too.
At that point, would you rather the job that's 5 times "cost of living" but only leaves you with $40,000 or the one that gives a sucky 2.5x but leaves you with $60,000 extra.
Next, on the simple level, let's look at that cost of living. Assuming you get on, buy and pay a mortgage off, in 20 years time the place with the poor salary relative to cost of living will leave you with a $500,000-$1,000,000 home vs. the $200,000-$250,000 place in the "better" area. Now, aged 40, you can up and move to the cheap place, selling your home, buying one of the nicest places in the cheap area and having a nice large nest egg lfet over to let you get to retire early. My in-laws have just done exactly that and apparently a lot of people in Texas are getting seriously pissed at all the Californians coming in, buying huge homes after selling up smaller places in CA and pushing up the Texan cost of living for people who're still paid no more.
And, finally, there's a reason rent and property are so expensive in some areas. Go to California and look out of the window. Rumor has it that other parts of the world have a condition called Seasonal Affective Disorder. Land is expensive in California because you never shovel snow, you rarely deal with crazy humidity, you rarely have the insane heat of Arizona, you rarely get mosquitos the size of Volkswagens and you can sit on the beach on New Year's Day. In short, supply and demand means that when there's a crazy price, there's generally a great reason for it.
So, yes, some areas have high costs of living and lower salaries in relation to that cost. But I.T. is famous for the fact that we out earn most other professions and, once you get past earning about three times cost of average rent, everything else is gravy. Sure, you reach that point faster elsewhere - but once you do reach it (and you do in I.T.), you keep going even further when the numbers are bigger.
I've watched a lot of friends leave California because they're in other fields and it's just too expensive to live here if you don't earn well. But once you get to the kind of salaries I.T. tends to pay, the cost of rent becomes a relatively minimal part of the total cost of living a great life.
If you want to know where high paying jobs are go to Alberta, Canada it's insane!
McDonald's workers are getting $15/hour, signing bonuses and $100 extra pay if you show up for all your shifts that week.
Housing is a bit of a problem, there's a booming business finding old homes, ripping them off their foundation and dragging them to Calgary.
Calgary is sprawling outward at an incredible rate, it's bigger in area than NY city.
It's all from oil, tar sands that is, Canada exports oil since we make more than we use. The US gets about 10% of its oil from Canada and that will probably increase due to the US public's of growing concern about "foreign oil".
People are going there by the thousands every day, it's crazy!
Oh, and I would like to mention, COCKROACHES FLY!!!! I just tell you that to lessen the shock that we all feel when we see one of those monstrosities flying straight at us. They don't fly well, but the shock of seeing that the first time is something that can give you nightmares. And don't drink the water. Get bottled water from a reliable company. You might even want to test your bottled water. I am serious with this one, get bottled water. For a while I was purifying my water with chlorine, then I found out that the town water had LEAD in it, and I was drinking lead. I found out that no one in that town drank the water. So boiling water and stuff isn't good enough. Get the bottled water. Also, the two most important things that will keep you from getting mugged: learn to pay attention to your surroundings, what is going on, etc; and secondly, learn to look in someone's eyes and understand what he is feeling/thinking. Be careful with what you communicate with your eyes, too though: I know someone who got beat up and nearly died because he looked at someone funny (I am dead serious on that one, although it happened in Hawaii not Costa Rica). But if you do those two things you can avoid a lot, and react to things that do happen sooner. Also, if you like soccer, and get in a game of gringos against latinos, work as a team, and you will have a good chance of beating the latinos who will all want to show off and not work as a team.
Qxe4