Building a slide deck, pitch, or presentation? Here are the big takeaways:
- Job postings for data scientists rose 75% between January 2015 and January 2018. — Indeed, 2018
- Data scientists earn the highest salaries in the Phoenix, AZ and Portland, OR metro areas. — Indeed, 2018
Demand for data scientists shows no sign of slowing down, as job postings for the high-skill, high-salary position continue to grow quickly, according to a Thursday report from job search site Indeed.
Job postings for data scientists grew 75% between January 2015 and January 2018, Indeed found. That growth has remained consistent for the last two years, growing by 16% from January 2016 to January 2017, and by 17% from January 2017 to January 2018.
Searches by job seekers for data scientist roles have also risen quickly, up 65% from January 2015 to January 2018. However, that pace is now slowing, and rose only 5% from 2017 to 2018, compared to 9% the year before, Indeed found.
SEE: Job description: Data scientist (Tech Pro Research)
Data scientists earn an average salary of about $130,000, according to Indeed data. But where can these in-demand professionals find the most salary bang for their buck?
Here are the 10 US metro areas with the highest average data science salary, when adjusted for cost of living.
1. Phoenix-Mesa-Scottsdale, AZ
Average salary: $142,095
Salary adjusted for cost of living: $146,073
2. Portland-Vancouver-Hillsboro, OR-WA
Average salary: $142,552
Salary adjusted for cost of living: $139,986
3. Houston-The Woodlands-Sugar Land, TX
Average salary: $118,132
Salary adjusted for cost of living: $117,069
4. Seattle-Tacoma-Bellevue, WA
Average salary: $128,456
Salary adjusted for cost of living: $116,381
5. San Francisco-Oakland-Hayward, CA
Average salary: $146,491
Salary adjusted for cost of living: $114,410
6. Austin-Round Rock, TX
Average salary: $112,803
Salary adjusted for cost of living: $113,367
7. San Jose-Sunnyvale-Santa Clara, CA
Average salary: $147,884
Salary adjusted for cost of living: $112,244
8. Boston-Cambridge-Newton, MA-NH
Average salary: $125,095
Salary adjusted for cost of living: $112,210
9. Washington-Arlington-Alexandria, DC-VA-MD-WV
Average salary: $137,980
Salary adjusted for cost of living: $111,626
10. Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Average salary: $118,325
Salary adjusted for cost of living: $110,870
The takeaway? While jobs in San Francisco and San Jose technically offer the highest pay for data scientists, Phoenix and Portland's high salaries and low cost-of-living mean that data scientists in those locations will have the greatest purchasing power, Indeed found.
- Special report: IT Jobs in 2020: A leader's guide (free PDF) (TechRepublic)
- Tech jobs: Why the enterprise architect is your new secret weapon (ZDNet)
- Cheat sheet: How to become a data scientist (TechRepublic)
- Top IT jobs and hiring trends for 2018 listed in Tech Pro Research survey (ZDNet)
- Top 10 highest-paid tech jobs in Silicon Valley (TechRepublic)
Alison DeNisco Rayome has nothing to disclose. She does not hold investments in the technology companies she covers.
Alison DeNisco Rayome is a Staff Writer for TechRepublic. She covers CXO, cybersecurity, and the convergence of tech and the workplace.