August 30, 2017

San Francisco Paychecks Go Further Than You Might Think

There's no denying that the Bay Area is an expensive place to call home, but the region's high salaries stretch further here than they do in any other major coastal U.S. job center.

  • San Jose and San Francisco employees earn the largest annual salaries in the nation.
  • The average salary in San Francisco goes further than it does in any other major U.S. coastal city.
  • Eighty percent of renters in expensive coastal cities, including San Francisco, are considering relocating.

 

There’s no denying that the Bay Area is an expensive place to call home, but the region’s high salaries stretch further here than they do in any other major coastal U.S. job center.

In a recent analysis, Jed Kolko, chief economist for job-search website Indeed.com, calculated how far salaries go in more than 100 of the largest U.S. metropolitan areas. Kolko used average salary information from Indeed.com’s website, then adjusted it for each city’s cost-of-living data from the U.S. Bureau of Economic Analysis, which includes housing statistics.

To read the full post, click here: http://pacunion.us/2gog40j


About The Mark Company

The Mark Company is one of the nation’s premier urban residential marketing and sales firms. Founded by Alan Mark in 1997, The Mark Company provides a full range of core consulting services including analytics, design, marketing and sales for urban high-rises and suburban attached properties throughout the Western United States. The firm is a trusted partner to global leaders in residential development and finance, providing buyer-driven sales and marketing strategies that produce industry-leading results. The Mark Company has represented more than 10,000 residences and generated over $5 billion in sales for some of the nation’s most notable and successful developments including The Infinity in San Francisco, Evo in Los Angeles and The Martin in Las Vegas. Current projects include 181 Fremont Residences and The Austin in San Francisco and Cavalleri in Malibu. The Mark Company is a subsidiary of San Francisco-based Pacific Union International, the eighth-largest residential real estate brokerage in the U.S. based on 2016 sales volume of $10.15 billion. Pacific Union merged with Los Angeles-based brokerages John Aaroe Group in December 2016 and Partners Trust in August 2017. This strategic business collaboration links four of the strongest residential real estate firms on the West Coast, supporting combined 2016 production of $12.6 billion by 1,400 real estate professionals in 47 offices throughout California. For more information, please visit www.themarkcompany.com.