Miami Wages & Salaries Are Increasing Faster Than Anywhere In America

Wages, salaries, and total compensation are rising faster in Miami than any other major city.

In the 12 month period ending June 2017, wages and salaries in the Miami-Fort Lauderdale-Pompano Beach, FL MSA increased 3.9%, while total compensation was up 3.7%, according to the Bureau of Labor Statistics.

Seattle ranked second in wages and salaries gains at 3.6%, while New York placed second for total compensation increase at 3.3%. Washington D.C. and Philadelphia ranked lowest.

Wage gains are also accelerating. In 2015-2016, the increase in Miami was 2.5% for total compensation and 2.9% for wages and salaries.

Miami Today first reported the data.