Bloomberg

San Francisco Has Biggest Share of Workers Earning at Least $1 Million a Year

B.Lee32 min ago
More than one in 200 workers in San Francisco earns at least $1 million a year, the highest share in the country by quite a distance, according to a new analysis of ADP payroll data.

The study found that about one in 127 jobs in the US pays more than $500,000 a year. In San Francisco that ratio is less than one in 50 — which is also the biggest share in the US — with Austin and New York following, according to the research by Issi Romem , an economist at the ADP Research Institute, based on anonymized payrolls.

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