New York City does not even make the Top 10.

A couple of weeks ago in light of Labor Day, I wrote about the metros with the highest raises over a one-year period using the most current available data. A number of readers commented that it would be even more interesting to see which metros have done the best over a longer period of time.

With the help of Charlotta Mellander, my colleague at the Martin Prosperity Institute (MPI), I went back and looked at U.S. Bureau of Labor Statistics data on wages from 2006 (before the housing and financial crisis) through 2011 (the most current data available) to provide a reasonable picture of the metros that have done the best since the onset of the crisis. The data cover 368 metros. MPI’s Zara Matheson mapped the data (below).

U.S._Raise_Map_9.17.12

The table below lists the top 20 large metros (those with more than one million people) that saw the largest “raises” — the biggest absolute change in wages and salaries — between 2006 and 2011.

Top 20 Large Metros with the Biggest Raises, 2006-2011:

  1. Washington-Arlington-Alexandria, DC-VA-MD-WV
  2. San Jose-Sunnyvale-Santa Clara, CA
  3. San Francisco-Oakland-Fremont, CA
  4. Seattle-Tacoma-Bellevue, WA
  5. Los Angeles-Long Beach-Santa Ana, CA
  6. Sacramento-Arden-Arcade-Roseville, CA
  7. Phoenix-Mesa-Scottsdale, AZ
  8. Houston-Sugar Land-Baytown, TX
  9. Baltimore-Towson, MD
  10. Austin-Round Rock, TX
  11. New York-Northern New Jersey-Long Island, NY-NJ-PA
  12. San Antonio, TX
  13. Pittsburgh, PA
  14. San Diego-Carlsbad-San Marcos, CA
  15. Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
  16. New Orleans-Metairie-Kenner, LA
  17. Denver-Aurora, CO
  18. Dallas-Fort Worth-Arlington, TX
  19. Tampa-St. Petersburg-Clearwater, FL
  20. Riverside-San Bernardino-Ontario, CA

Click here to read the complete article.

Source: Richard Florida | The Atlantic
Image: Zara Matheson, MPI | Data Courtesy of the U.S. Bureau of Labor Statistics
Table: Data Courtesy of the U.S. Bureau of Labor Statistics