Austin has a reputation as a growing, tech-friendly city, but a new ranking shows other cities edging out the Texas capital — even a few perhaps not immediately associated with the tech industry.
Not surprisingly, the San Francisco Bay area topped the list of top cities for tech jobs, in an analysis compiled by CBRE, a real estate and investment services firm. Austin ranked No. 8 on the list, ahead of Boston and Dallas/Fort Worth. According to CBRE’s Tech Talent Analyzer tool, Austin has an estimated 68,810 individual tech workers, with an average salary of $91,443 in 2016.
But it’s the cities ahead of Austin that might raise some eyebrows.
“Atlanta and Toronto, in particular, moved up in the rankings because both the cost of office space and the cost of living are lower than other cities,” according to USA Today.
It all comes down to dollars and cents. Many of the cities in the top 10 list have notoriously high, or rising, housing costs. Relatively speaking, Toronto and Atlanta seem to provide great value for both workers and employers.
In addition, the study also labeled other cities without well-established tech sectors as having “momentum.” Madison, Wis.; Ft. Lauderdale, Fla.; and Salt Lake City are a few with the potential for growth in the industry.
Looks like Austin’s got some competition. View the top 10 cities for tech jobs below:
- San Francisco Bay
- New York City
- Washington, D.c.
- Dallas/Fort Worth
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