What is the average tech salary in Silicon Valley for software developers?
The average tech salary in Silicon Valley is $145,000 but varies significantly based on location, team size, career potential and company type.
Will tech salaries in Silicon Valley keep increasing?
Silicon Valley holds a unique status in the tech sector, but will this always be the case? This tech scene remains unquestionably strong, but recent changes in the market due to Covid seem to be changing the status quo. The past two years, job seeker interest in Silicon Valley decreased continuously 5% in 2019 and 2% in 2020, suggesting that the long-term picture is more complex. Major culprits like remote work opportunities and affordable living alternatives in other locations are projected to bring tech professional's interest even lower, and potentially cause a decrease in tech salaries in Silicon Valley. Furthermore amidst this shifting geography of tech jobs and the move to virtual work, a number of high-profile companies are leaving Silicon Valley. Hewlett-Packard, Palantir, Oracle and Elon musk have already left the area and other are soon to follow. All in all, Silicon Valley isn’t going anywhere, but the tech landscape in the U.S. is shifting right before our eyes — and its workers are taking notice.
Are you interested in other local Tech salaries? Download our city specific tech salary guides:
Tech Salaries Atlanta, Tech Salaries Boston, Tech Salaries Charlotte, Tech Salaries Chicago, Tech Salaries Dallas, Tech Salaries Greenville, Tech Salaries Los Angeles, Tech Salaries New York, Tech Salaries Orange County-CA, Tech Salaries Philadelphia, Tech Salaries Phoenix, Tech Salaries San Francisco, Tech Salaries Silicon Valley, Tech Salaries Toronto-CAN, and Tech Salaries Washington, D.C.