TIP Strategies is a privately held Austin-based economic development consulting firm committed to providing quality solutions for public and private‑sector clients.
This blog is dedicated to exploring new data and trends in economic development.
Via: Flowing Data
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The chart [above] shows what people do and what they get paid. These vary depending on where you live. Select a state in the drop-down menu, and use the slider to adjust the median annual salary.
Prominent industries in a state can say a lot about an area. Is there a lot of farming? Is there a big technology market? Couple the jobs with salary, and you also see where the money’s at. You see a state’s priorities.
For example, look at California. You see an increased prominence of farmworkers and laborers, whereas the farming, fishing, and forestry sector is nearly nonexistent in many other parts of the country. I expected a lot more in the midwest states, but relative to the other occupations in those states, the farming sector doesn’t seem that big from an employee perspective.
For a drastic change, switch to Washington, D.C., where people who work in the legal and business sectors are much more common. I realize it’s a comparison between a city and states, but whoa, that’s a lot of lawyers packed in one place.
Move the median salary up a bit, and you get a sense of overall salaries (and a correlating cost of living, kind of) as you check out different states.
Anyway, it’s an interesting first look at employment data from the Bureau of Labor Statistics.