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In 1998, workers in Austin-San Marcos, Texas, had the largest increase in average annual pay of any metropolitan area in the country.
Average pay in the Austin area rose by 14.3 percent in 1998. Boulder-Longmont, Colorado, had the second highest increase in average annual pay at 13.9 percent. St. Cloud, Minnesota also had a double-digit increase in pay: 11.4 percent.
In comparison, average annual pay of employees in metropolitan areas nationwide increased by 5.2 percent from 1997 to 1998. None of the 315 metropolitan areas reported a decline in average annual pay.
These data on average annual pay are a product of the BLS Covered Employment and Wages program. Pay data presented here are for workers covered by State and Federal unemployment insurance programs. Find additional information in "Average Annual Pay Levels in Metropolitan Areas, 1998," news release USDL 99-374.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Austin had highest 1998 pay increase at https://www.bls.gov/opub/ted/2000/jan/wk1/art01.htm (visited March 28, 2023).