The Top 5 Cities for Tech Workers
Tech jobs are growing at a much faster rate than many other jobs. There are nearly six million highly skilled tech workers in the U.S. and Canada alone. Good tech jobs are available wherever you look, but certain cities top the list.
The top tech city, according to a 2018 analysis by a real estate and investment firm, CBRE, is San Francisco Bay area. Thirteen metrics were used to measure the vitality, depth, and attractiveness of each market. Some factors taken into consideration were available tech jobs, growth momentum, tech workers with degrees and average apartment rentals.
The analysis found that notable accelerations in tech talent growth are occurring in many markets, with obvious growth in Los Angeles, Ottowa, Madison, and Wisconsin.
Another interesting finding was in the area of talent supply and demand. Washington D.C. and Boston, for example, produce more tech talent than the demand. This means a brain loss. The San Francisco Bay Area, Toronto, and Charlotte create more tech jobs than tech talent which creates a brain gain.
San Francisco and Seattle scored the highest in the quality of software engineers employed and their compensation costs.
Top Cities for Tech Workers
High tech industry talent growth can generate real estate demand, especially when it’s concentrated. This usually puts upward pressure on prices and creates new opportunities for development. When looking for top tech jobs, taking real estate prices into account is often crucial in making a decision.
Here are the top five tech cities according to the recent analysis:
San Francisco
The San Francisco Bay Area has many universities, startups, and big-name tech companies. It attracts much venture capital that’s technology focused. This is a drawcard for software developers, web developers, and computer systems analysts. The San Francisco Bay Area does have a high cost of living, and the hiring environment is super competitive.
Seattle
Seattle came second in the analysis, beating out Atlanta which has now dropped out of the top five. Seattle has many similarities to the Bay area, thanks mainly due to tech giants, Amazon and Microsoft.
Washington D.C.
Washington D.C. is in the third position. The suburbs in Maryland and Northern Virginia are home to many tech companies, including those specializing in government and defense spending. The CIA, FBI, NSA and the Pentagon also employ many technologists.
Some of the companies hiring are Lumen Solutions, NTT Data and Acuity. They are looking for network and computer systems administrators, software developers and computer user support specialists.
Toronto, Canada
Toronto moved up from number six position last year into the fourth position. Some of the companies hiring are IBM, Zinga and NTT Data. They are looking for web developers, computer programmers, and information systems analysts.
New York City
New York City is another tech hub. It is dominated by digital media and social media tech-related industries and is also a center for technology consulting firms. Some of the companies hiring are NTT Data, Synechron, and Cognizant. They are looking for web developers, computer systems analysts and software developers.
