Crypto Jobs Pay 153% More Than Other Occupations

Key Findings

• Crypto-related jobs offer 153% higher salaries than other occupations.
• Crypto employees earn 46% more than average tech workers.
• Crypto-related jobs pay 15.86% more than AI jobs.
• New York offers the highest crypto job that pays up to $1M a year
• IT & Engineering are the most in-demand roles in the crypto niche
• Software Engineers in the crypto industry earn 70% more than average

Methodology

The data for this report was collected using various sources and methods to ensure accuracy. We used keywords such as “crypto”, “cryptocurrency”, and “blockchain” to gather job-related information from LinkedIn. The analysis focused on U.S.-based job postings. Data fields collected from each listing included the job title, salary, state, experience level, remote work options, job function, and required skills.

Information about other jobs, including tech roles, was sourced from the U.S. Bureau of Labor Statistics. For tech jobs, only positions under the “Computer and Mathematical Occupations” category were considered for comparison.

The data for AI-related jobs was obtained from Bizreport, which involved crawling and analyzing job postings from eight of the most popular job platforms.

Crypto-related Job Salary Overview

Salary Comparison between Crypto and Other Occupations

Crypto jobs offer extreme high pay among many industries. Compared to regular jobs, salaries in the crypto sector are 152.84% higher. Even compared to tech jobs, crypto employees earn 46.31% more, while they make 15.86% more than AI professionals.

Average Salary by Seniority

Experience makes a big difference in how much people earn in the crypto industry. Entry-level positions start at $124,462, while mid-level roles average $176,771. Senior-level professionals earn even more, with salaries reaching $217,114.

Regional Analysis: Crypto Jobs in the U.S.

Average Salary by States

Among the 29 states collected, California has the highest average wage for crypto jobs with over $184,945 a year. Meanwhile, Minnesota has the lowest average wage at $86,669, meaning that the pay gap between the best-paying state and the worst-paying state is 113.4%.

Top 10 Highest Paying Jobs by U.S. State

States like New York, California, and Georgia offer the highest-paying crypto roles. Positions like Quant PM in New York can reach $1 million annually, while senior roles in California and Georgia also offer salaries above $180,000.

Top 10 States with Highest Job Demand

New York leads the crypto job market, with 23.87% of all job postings originating from the state. California follows closely with 21.90%, making these two states the dominant hubs for crypto careers. Texas, Washington, and Maryland complete the top five, but their shares are significantly smaller compared to New York and California.

Crypto Jobs by Workplace

Remote work is highly popular in the crypto industry, with 43.28% of job postings allowing employees to work from home. These remote roles pay an average of $173,359.44, slightly less than hybrid roles at $175,642.56.

Crypto Roles Breakdown

Key Roles in the Crypto Job Market

IT and engineering roles are at the core of the crypto job market, making up 43.46% of postings. Analysis and research positions follow at 17.62%, while business development roles account for 10.35% of job openings.

Most Popular Positions in IT & Engineering

The most in-demand role in the crypto industry is Software Engineer, offering an impressive average salary of $209,106 per year. This figure is 78.49% higher than the average income of software engineers in the United States, as reported by Glassdoor (November 20, 2024).

Other key positions include Blockchain Developer, Back End Developer, Protocol Engineer, and Security Engineer, each catering to the industry’s technological needs.

Highest-Paying Roles

The crypto industry offers some of the most competitive salaries, especially in leadership roles. Among the six primary categories, Analysis & Research leads the way, with top positions earning an average of $241,459 annually.

Finance & Accounting is the second-highest-paying category, with lead positions averaging $221,936 per year. IT & Engineering roles also offer strong compensation, averaging $198,288 annually, reflecting the technical skills demanded in this industry.

Other well-paid categories include Management & Operations, Business Development, and Marketing & Communications.

Best-Paying Positions by Role

Leadership roles in the crypto industry come with substantial financial rewards. The Quant PM – Digital Assets position in Analysis & Research offers the highest earnings, potentially reaching $1 million annually in top locations. Similarly, the Vice President of Engineering in IT & Engineering can earn upwards of $400,000 per year.

Business Development and Finance also feature high-paying roles, with the Vice President of Sales earning around $565,000 and the Chief Financial Officer averaging $500,000 annually.