Editor’s Word: This story initially appeared on SmartAsset.com.
Lower than 3 in 10 six-figure earners within the U.S. are girls, in response to the latest Census Bureau information. Although removed from equitable, the share of ladies who’re breaking the six-figure threshold is rising, together with the gender distribution of six-figure earners — empowering them to doubtlessly funds, spend, save and make investments extra correctly. From 2014 to 2019, the share of full-time working girls incomes $100,000 or extra elevated by virtually 4 share factors, from 8.34% to 12.11%. Over the identical time, the share of six-figure earners who’re girls grew from 26.08% to 29.52%.
On this examine, we took a more in-depth have a look at the cities with probably the most feminine six-figure earners in response to these metrics: share of ladies staff incomes $100,000 or extra and share of six-figure earners who’re girls. To find out our rankings, we in contrast the 100 largest cities within the U.S. and weighted them on each metrics equally. For particulars on our information sources and the way we put all the knowledge collectively to create our closing rankings, try the Information and Methodology part on the finish.
That is SmartAsset’s second annual examine on the cities with probably the most feminine six-figure earners. The 2020 version might be discovered right here.
1. Washington, D.C.
Whereas median earnings for full-time feminine staff within the nation’s capital ($72,750) are solely the fifth-highest throughout the 100 largest U.S. cities, Washington, D.C., takes the No. 1 spot on this examine as a result of greater than 1 in 3 full-time working girls there are six-figure earners. Moreover, the town ranks third within the share of six-figure earners who’re girls (43.40%).
2. Arlington, VA
Of the roughly 53,550 full-time feminine staff in Arlington, Virginia, about 20,800 of them (38.92%) earn $100,000 or extra. That is the second-highest charge for that metric in our examine. Arlington ranks Tenth for the share of six-figure earners who’re girls, making up 39.13% of that high-earning group.
3. Oakland, CA
Shifting forward of San Francisco on this 12 months’s version of our examine, Oakland, California, takes the No. 3 spot. This metropolis has the Tenth-highest share of feminine staff who’re six-figure earners (26.47%) and the sixth-highest share of six-figure earners who’re girls (41.41%). The median wage for full-time working girls in Oakland is roughly $61,400.
4. San Francisco, CA
Greater than 4 in 10 girls in San Francisco earn $100,000 or extra yearly. That is the best charge in our examine for that metric. This metropolis ranks sixteenth for our different rating metric, the share of six-figure earners who’re girls. Census Bureau information exhibits that girls make up 37.37% of six-figure earners within the metropolis.
5. Boston, MA
Rating fifth in each 2020 and 2021, girls in Boston, Massachusetts, make up near 41% of six-figure earners within the metropolis. Boston additionally ranks Twelfth-highest for its share of ladies earners who earn $100,000 or extra (22.81%).
6. New York, NY
Whereas the median earnings for full-time working girls in New York Metropolis are roughly $55,200, about 1 in 5 girls earn $100,000 or extra. This metropolis ranks ninth for the share of six-figure earners who’re girls. In response to 2019 census information, girls make up 40.56% of six-figure earners within the Large Apple.
7. Sacramento, CA
Although lower than 16% of full-time feminine staff in Sacramento, California, earn six figures, the gender breakdown amongst earners within the prime is extra equal relative to different cities. Girls make up 44.24% of six-figure earners, the second-highest charge for this metric in our examine.
8. Durham, NC (tie)
Like Sacramento, Durham, North Carolina, ranks considerably increased for its share of six-figure earners who’re girls than its share of feminine staff who earn six figures. Durham has the fourth-highest share of six-figure earners who’re girls (43.20%) and the Twenty fourth-highest share of ladies staff who earn $100,000 or extra (15.29%).
8. Jersey Metropolis, NJ (tie)
Although the median wage for a full-time feminine employee in Jersey Metropolis, New Jersey, is about $63,000, many ladies earn greater than the six-figure threshold. U.S. Census Bureau information exhibits that throughout the 100 largest cities, Jersey Metropolis has the eighth-highest share of feminine staff who’re six-figure earners, (27.51%). The town additionally ranks within the prime fifth of the examine when six-figure earners are damaged down by gender — greater than 36% of this high-earning group are girls.
10. Atlanta, GA
Whereas median earnings for full-time feminine staff in Atlanta are roughly $53,900, virtually 23% of ladies there earn six figures (the Eleventh-highest charge in our examine). On the subject of gender distribution at increased earnings brackets, Atlanta falls barely farther behind, with girls making up lower than 37% of six-figure earners (the Twenty second-highest on our record).
Information and Methodology
To search out cities with probably the most feminine six-figure earners, SmartAsset in contrast information throughout the 100 largest cities. We thought-about two metrics:
- Proportion of ladies staff who’re six-figure earners. That is the variety of full-time feminine staff who earn not less than $100,000 divided by the full variety of full-time feminine staff.
- Proportion of six-figure earners who’re girls. That is the variety of full-time feminine staff who earn not less than $100,000 divided by the variety of full-time staff (feminine and male) who earn not less than $100,000.
Information for each metrics comes from the Census Bureau’s 2019 1-year American Neighborhood Survey. We ranked every metropolis in every metric after which discovered every metropolis’s common rating throughout the 2 metrics. That common rating decided every metropolis’s closing rating. The town with the best common rating obtained a rating of 100. The town with the bottom common rating obtained a rating of 0.
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