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Thursday, October 29, 2009

Salary Growth Across the Country

With the unemployment rate in the United States reaching new heights each month, many are forced to contemplate relocating to reduce their costs of living. Similarly, there is a greater focus nationwide on the patterns in salary growth. While many areas of the country are experiencing zero or negative growth, there are still states, many of which are clustered on the East cost, in which salaries are actually on the rise. Additionally, there are numerous metropolitan areas in which salaries have grown at a surprisingly healthy rate. The graphic below showcases changes in salary across the country from the 4th quarter in 2008 to the 1st quarter in 2009, and spotlights those individual metropolitan areas with the greatest salary growth.

Before moving to Hawaii, however, you might want to review our guide to tax friendly places to retire.

Please click on the image below to enlarge.

Student Debt vs. Average Income

Click to ENLARGE....