More than 1 million jobs pay more than $500,000 per year in the U.S.

That’s according to a November report from ADP, which said that 1 in every 127 jobs pays more than $500,000 a year in the United States.

“I was not expecting that such high wages would be present in non-negligible numbers pretty much everywhere,” author of the study Issi Romem, research fellow, ADP Research tells CNBC Make It.

That number is dependent on where you live, though. In Silicon Valley, the area with the highest concentration nationwide, around 1 in every 48 jobs pay north of $500,000. In the El Paso metro area, just about 1 in 333 jobs do so, ADP research found.

Silicon Valley was “truly in a league of its own” in regard to the concentration of high-paying jobs, Romem says. It was, of course, boosted by the tech industry: companies like Apple, Google, Cisco, and OpenAI are all headquartered in the area. The ADP report says that tech jobs tend to have higher pay due to the competition in the space and the potential for individuals to make a serious impact on a company’s direction.

The Austin, Texas and New York City metros took up the second and third spots on the list, respectively. Tech is also a major boost to Austin, with Tesla and Dell headquartered in the area. New York has a sizeable tech presence and is notably the financial hub of the United States.

Seven of the 10 most expensive cities to live (based on a November household spending report from bill payment service Doxo) mirror those in the top 10 of ADP’s highest-earning jobs list – including the Silicon Valley cities of San Jose and San Francisco. New York is also ranked #2 on Doxo’s list.

Romem says remote work helped “hollow out” the middle and upper-middle class residents in expensive places like the Bay Area, as it makes it more feasible for workers to move to a lower-cost area while maintaining the job they have. This likely skewed the results of the study, as it took away from the number of standard earners in a city and increased the relative share of high earners.

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