IT Salaries Increased 5.2% in 2006; Top 10 Skills, Cities, and Industries

A survey of more than 19,000 technology professionals found that average IT salaries in the U.S. increased 5.2% to $73,308 in 2006 from $69,700 in 2005, reports 2006 Annual Salary Survey by Dice. The survey found that starting salaries outpaced the overall national average, with an increase of 13.1% to $42,414 in 2006. 

Those with one to two years of technology experience also saw strong gains, with a 13.8% increase to $46,935. The gender gap narrowed slightly in 2006, as women in technology earned an average of $67,542 or 9.7% less than their male counterparts. 

Top Paying Skills and Experience

Technology professionals earning the highest salaries in 2006 possessed specialized experience in areas such as Enterprise Resource Planning or ERP ($96,161), Sarbanes-Oxley compliance ($91,998) and Customer Relationship Management or CRM ($90,499). 

Average Salary for Popular IT Skills and Experience

 

2006

ERP

$96,161

Sarbanes-Oxley (SOX)

$91,998

CRM

$90,499

SOAP

$89,243

Solaris

$87,476

AIX

$87,309

SAP

$86,149

Microsoft Project

$85,870

Siebel

$85,861

Sybase

$85,049

Geography:

In 2006, Silicon Valley once again ranked as the highest paying metro area for tech professionals with an average salary of $90,310, up 5.7 percent from 2005. Other top paying cities include: Boston ($80,308), New York ($80,006), and Baltimore/Washington D.C. ($79,911). 

Metro Area IT Salaries: 2005 - 2006

 

2005

2006

Silicon Valley

$85,430

$90,310

Boston

$79,211

$80,308

New York

$76,382

$80,006

Baltimore/Washington D.C.

$75,593

$79,911

Seattle

$73,105

$79,787

Los Angeles

$73,911

$79,583

San Diego

$72,163

$79,416

Denver

$74,823

$77,317

Sacramento

$72,355

$75,197

Chicago

$71,496

$75,154

Phoenix

$70,023

$74,976

Dallas/Ft. Worth

$71,494

$74,656

Philadelphia

$71,881

$72,786

Industry:

Banking, financial and insurance was once again the highest paying industry for tech professionals with an average salary of $82,504 in 2006, while telecommunications and computer software followed behind with average salaries of $78,003 and $77,582 respectively.

The retail and e-commerce industry posted the strongest salary gains last year with a 14.2 percent increase to $63,830.

Tech Salaries by Industry: 2005 - 2006

 

2005

2006

U.S. Average

$69,700

$73,308

Bank / Financial / Insurance

$76,092

$82,504

Telecommunications

$72,430

$78,003

Computer Software

$74,730

$77,582

Government / Defense

$69,078

$75,086

Medical / Pharmaceutical

$71,714

$72,717

Manufacturing

$66,732

$71,878

Internet Services

$65,426

$71,854

Computer Hardware

$66,462

$69,987

Retail / Mail Order / E-Commerce

$55,909

$63,830

The Dice Salary Survey was administered online among 19,182 registered Dice job seekers and visitors between August 2 and November 30, 2006. 

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