Phoenix in the STEM Job Market

by Adam McCann

STEM workers are in fierce demand, and not just in the global epicenter of high tech known as Silicon Valley. According to the latest U.S. Bureau of Labor Statistics analysis, STEM — science, technology, engineering and math — professions are expected to grow 8.1% between 2024 and 2034, compared to just 2.7% for all other occupations. In addition, the median annual STEM wage is $103,580, compared to $48,000 for all non-STEM occupations.

Given their growing demand, STEM careers today provide some of the most lucrative employment opportunities. They pay higher salaries and boast far fewer threats of unemployment compared with other types of jobs.

To determine the best markets for STEM professionals, WalletHub compared the 100 largest metro areas across 21 key metrics. Our data set for our report “Best & Worst Metro Areas for STEM Professionals (2026)” ranges from per-capita job openings for STEM graduates to median wage growth for STEM jobs

STEM Job Market in Phoenix-Mesa-Chandler

As an overall ranking, the Phoenix Metro Area (comprised, in the WalletHub study, of Phoenix, Mesa and Chandler) came in 52nd of 100.

  • 32nd – % of Workforce in STEM
  • 46th – STEM Employment Growth
  • 91st – Math Performance
  • 67th – Quality of Engineering Universities
  • 45th – Annual Median Wage for STEM Workers (Adjusted for Cost of Living)
  • 64th – Median Wage Growth for STEM Workers
  • 68th – Job Openings for STEM Graduates per Capita
  • 49th – Unemployment Rate for Adults with at Least a Bachelor’s Degree

wallethub.com/edu/best-worst-metro-areas-for-stem-professionals/9200

Adam McCann is a WalletHub financial writer.

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