How do Miami’s tech salaries compare? New report sheds some light

By Nancy Dahlberg

While Miami tech salaries are on the rise, they still have a long way to go to rank amongst their peers, a new report shows.

According to the 2023 Dice Tech Salary Report released last week, the average annual tech salary in the Miami-Fort Lauderdale metro area was $104,542. While that’s an increase of 10.6% from 2022 – ranking 6th among the 25 metro areas ranked for growth – Miami had the lowest average salary of the 25 metros. It was also significantly below the national average salary of $111,348.

Miami also did not have the highest salary or growth in the state, according to the Dice report. That honor goes to the Tampa Bay metro, logging a  $120,900 average tech salary that ranked 7th in the country among metro areas studied. Salaries in Tampa rose rose 19% from 2021, the second highest percentage change in the nation behind Phoenix, where salaries grew 26%..

“Digging into the data, you’ll see that non-traditonal tech jubs are experiencing strong growth in average salaries, supporting a trend of tech professionals moving away from traditional tech hubs,” the report said.

Still, not surprisingly, Silicon Valley showed the highest salary, $144,962. Boston and Seattle were No. 2 and 3 respectively with salaries of $130,399 and $129,456. In the Southeast, Atlanta  and Charlotte made the top 10.

Nationally, those employed in top management had the largest salaries last year, earning an average of $164,814. Specialized professionals also did well, with solutions architects earning an average salary of $155,934 in 2022 and cybersecurity engineers, cloud architects and program analysts/managers also took home big checks, earning an average of $140K or more, the report said. A project manager earned an average of $139,100 and data scientist earned an average of $117,241. The report singled out skills such as MapReduce, Elasticsearch, Apache Kafka and Teradata as leading to larger paychecks.

As to the outlook for salaries given the recessionary headwinds, the report’s authors said an overall dip in hiring caused by a recession “would not necessarily have an impact on core tech roles, given the importance of these skill sets in running company operations, securing critical data and continuing digital transformation efforts.”

Miami’s average annual tech salary was $104,542, according to the 2023 DIce Tech Salary Report.

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Nancy Dahlberg