The average tech salary in Silicon Valley is $145,000 but this varies significantly based on location, team size, career potential and company type.
Will tech salaries in Silicon Valley keep increasing?
Currently, Silicon Valley holds the unofficial title of "Tech Capital of North America", but will this always be the case? While the Silicon Valley tech scene remains unquestionably strong, recent changes in the market seem to be altering the status quo. In the past two years, job seeker interest in Silicon Valley has dropped, with a 5% decrease in 2019 and 2% in 2020, suggesting that the long-term picture is more complex. Moving into 2022, a larger amount of remote work opportunities and affordable living alternatives in other locations are projected to continue the drop in job interest, 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 Tesla have already left the area, with others possibly soon to follow.
What will the future hold? We know that 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 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.