The demand for blockchain developers is at an all-time high. It is currently the fastest-growing skill on upwork.com: blockchain developers saw a jaw-dropping 6,000% increase in demand, compared to the same period from 2017.
Another freelance marketplace, Toptal, has reported a similar trend. The blockchain developer demand here grew 700% in just a year.
Yet, where there’s demand there’s not always the supply. Blockchain is still a pretty rare skill. As a result, most employers struggle to find the right talent fast. And, while remote hiring can potentially solve the problem, blockchain developer salaries represent another burning issue businesses need to address.
How much does it cost to hire a blockchain developer in 2018? How do the prices range depending on location? Does it make sense to look for in-house blockchain developers in the US or is it better to hire remotely?
In this article, we will look into the given questions to help you make one of the most important hiring decisions in terms of location and rates. Now, let’s get down to the facts.
Blockchain developer salary in the US
As the world’s major tech hub, the US has always had the highest demand for skilled IT specialists. Quite naturally, the situation with blockchain specialists is no different. There are thousands of companies and startups hiring developers and consultants for their projects.
To score the best talent, the employers have been raising the bar for salary expectations. As a result, the average blockchain developer salary in the US currently equals $95,545, according to paysa.com.
On the other hand, the reported average salary for blockchain developer on Glassdoor is considerably lower — only $79,985. Here’s how blockchain developer salaries in the US differ from city to city, according to the resource.