Salary report 2024: Where the money flows best in Germany

Salary report 2024: Where the money flows best in Germany

In Germany, there are significant differences in the salaries that depend primarily on the location, industry and professional experience. A new report by Stepstone.de, which was published in early 2024, gives a comprehensive overview of the salary landscape in the country. In particular, it is examined in which cities and federal states the highest salaries are paid.

The salary report shows that the average gross annual salary in Germany is 50,250 euros. Thus, one person in tax class 1 receives around 2,741 euros net per month. However, the median, which gives a better impression of the actual salaries, is lower at 43,750 euros gross annually, which corresponds to a monthly net sum of around 2,443 euros. This means that many people earn far less, while a few very high salaries drive the average up.

The best cities for high salaries

When you take a look at the cities, you can see that Munich takes up the top position with a median content of 56,250 euros annually. Stuttgart and Frankfurt am Main will follow second and three with salaries of 54,500 euros and 54,250 euros. This shows that there are attractive earning opportunities, especially in these large cities.

Here is a list of the ten cities with the highest median hems in Germany:

  1. Munich: 56,250 euros
  2. Stuttgart: 54,500 euros
  3. Frankfurt am Main: 54,250 euros
  4. Wiesbaden: 53,500 euros
  5. Bonn: 51,250 euros
  6. Düsseldorf: 50,750 euros
  7. Mannheim: 50,500 euros
  8. Karlsruhe: 50,250 euros
  9. Cologne: 50,000 euros
  10. Hamburg: 49,750 euros
  11. These figures clarify that there are significant earning opportunities, especially in southern Germany, which underpins Munich's reputation as an economic center.

    salary distribution according to federal states

    Another interesting aspect is the distribution of salaries to the individual federal states. Hamburg runs here with a median content of 49,750 euros, followed by Hessen (47,500 euros) and Baden-Württemberg (47,000 euros). These statistics show that there are also good income opportunities in the northern and central regions of Germany.

    The list of federal states with the highest salaries is as follows:

    1. Hamburg: 49,750 euros
    2. Hessen: 47,500 euros
    3. Baden-Württemberg: 47,000 euros
    4. Berlin: 46,500 euros
    5. Bavaria: 46,000 euros
    6. North Rhine-Westphalia: 44,000 euros
    7. Bremen: 42,500 euros
    8. Rhineland-Palatinate: 42,000 euros
    9. Lower Saxony: 40,750 euros
    10. Schleswig-Holstein: 40,250 euros
    11. This information is particularly important for young professionals and changers, since they can give the locations priority when looking for a job.

      If you look at the various industries, the data from the salary report shows that the highest salaries are offered in banking, aerospace and pharmaceutical industry- with an average of 63,250 euros, 57,750 euros and 57,250 euros. Employees in science and research also seem particularly successful, with a median content of 57,000 euros, as well as in the insurance industry, where 56,000 euros can be achieved.

      The tip of the salaries, however, forms medicine: doctors earn an average of 94,750 euros gross annually, which illustrates how valuable this profession is in society.

      For job seekers who strive for the best payment, these reports are of enormous relevance. An orientation aid to align your own career goals according to the earning opportunities is of the greatest importance, especially in a labor market that is constantly changing and developing.