MEMPHIS, TN (WMC) - With STEM (science, technology, engineering, and mathematics) workers earning an average annual wage of $87,570, nearly double the average of $45,700 for all non-STEM jobs, the personal-finance website WalletHub has put out its in-depth analysis of 2018's Best & Worst Metro Areas for STEM Professionals.
To determine the best markets for STEM workers, WalletHub compared the 100 biggest metro areas across 17 key metrics. The data set ranges from per-capita job openings for STEM graduates to annual median wage growth for STEM workers.
Overall, Memphis ranked third from the bottom in the study. Here are some of the individual category rankings:
STEM Job Market in Memphis (out of 100)
89th – % of Workforce in STEM
100th – STEM Employment Growth
57th – Math Performance
61st – Quality of Engineering Universities
29th – Annual Median Wage for STEM Workers (Adjusted for Cost of Living)
100th – Annual Median Wage Growth for STEM Workers
80th – Job Openings for STEM Graduates per Capita
95th – Projected Demand for STEM Jobs by 2020