According to the Greek philosopher Heraclitus, “The only thing constant is change,” and nowhere is this truer than in the world of tech. For example, talking to home devices once seemed impossibly futuristic. Now it’s commonplace, with over 2.5 billion digital voice assistants in use.
New advancements pop up every day, and in the U.S., most of them hail from Silicon Valley: the tech hotspot where titans such as Apple and Google started out. But despite tech’s rapid growth, this area experienced a 3.8% decrease in the share of technology-related jobs from October 2018 to October 2019.
To investigate this and other trends, we used Indeed data to analyze tech job postings and searches in Silicon Valley for 2019. We looked at the most in-demand jobs, the highest-paid roles and which area has the most job openings. We also examined cities outside Silicon Valley where local talent is looking for work.
Engineers and developers are most in-demand
Despite the overall dip, which tech jobs are still in demand in Silicon Valley? To find out, we looked at job titles with the highest share of postings on Indeed. Engineers and developers are the most sought-after positions, making up 14 of the top 20 roles. These technical roles are even more dominant than they were last year, when they made up half of our most in-demand positions.
While their presence here is smaller than on last year’s list, product managers rank third for in-demand tech jobs. Data scientists also creep into the top 10 (in eighth place).
Methodology: The “most in-demand jobs” are determined by tech job titles with the largest share of job postings in the Silicon Valley area, collected from January 2018 through October 2019.
Machine-learning engineers are the top earners
Salary is an important consideration for any job seeker. But this becomes even more essential in Silicon Valley, recently named the most expensive region in the U.S. To explore what tech jobs in Silicon Valley pay, we used Indeed data to calculate average salaries.
Similar to the most in-demand jobs, the top earners in Silicon Valley are engineers and developers, making up 18 of the top 20 highest-paying roles. Topping our list are machine-learning engineers, who do the most advanced artificial intelligence work; they earn an average of almost $173,000 per year. They are followed closely by principal software engineers, who earn about $169,000 annually. Behind them are platform engineers, with an average annual salary of almost $155,000.
Software architects are the highest earners, outside of engineers and developers. They help set standards for software coding, tools and platforms, in addition to making high-level design choices. Software architects earn an average annual salary of $142,372.
All of the jobs on our list pay above the median incomes in Silicon Valley’s major counties, which are already high:
Alameda County: $85,743, encompassing Oakland, Alameda and Berkeley
Methodology: Salaries for the highest-paying…