Top 10 Cities to Hire Tech Talent March 22, 2019

Top 10 Cities to Hire Tech Talent

Top 10 Cities to Hire Tech Talent

Six million – That’s the estimated number of highly skilled tech talent across the U.S. and Canada!

According to the 2018 Scoring Tech Talent in North America report from CBREthe following cities are the top ten markets for hiring top tech talent. But how exactly are these cities ranked?

The CBRE uses 13 different metrics to assess each market’s “depth, vitality, and attractiveness,” assigning a numerical score to represent the summation of these metrics and therefore giving each city a ranking. From startup to Fortune 500, companies are finding their top talent in these regions. Starting with number 1:

Tech Recruiting San Francisco

1. SF Bay Area, CA

Consistently dominating the market, it’s no surprise that the Bay Area continues to rank first among these leading cities for tech talent supply. With ample amounts of talent pouring out of this area, the San Francisco area thrives as the tech hub we all know and love. Scored by CBRE with an 84.72, this city blows past its rivaling city by over 10 points. Here’s a quick look at this booming market:

  • Tech talent total: 329,150
  • Market growth (2012-17): 31%
  • Bachelor’s degree or higher: 49%
  • Millennial population growth: 8.2%

 

Tech Recruiting Seattle

2. Seattle, WA

Home to online retailer and tech company, Amazon, this growing market shows no signs of slowing down as Number 2 on this list. Seattle received an overall score of 74.46 and remains a major tech market year after year for good reason. The population of millennials in their 20s grew by over 27,000 – making Seattle one of the trendiest cities in the country. This robust economy continues to lead the pack when it comes to hiring tech talent. Check out how Seattle’s market measures up:

  • Tech talent total: 145,140
  • Market growth (2012-17): 19.4%
  • Bachelor’s degree or higher: 63%
  • Millennial population growth: 22.7%

 

Tech Recruiting Washington D.C.

3. Washington, D.C.

Usually associated with American politics and lawmaking, Washington, D.C. also comprises of a growing tech market. Coming in at Number 3, D.C. scored an overall 67.7 by the CBRE, making it an excellent location for tech hiring. In fact, D.C. is experiencing the largest brain drain out of all 50 cities analyzed by CBRE, meaning there is a surplus of tech talent entering the market compared to positions available. See below for more on this leading market:

  • Tech talent total: 248,150
  • Market growth (2012-17): 20.7%
  • Bachelor’s degree or higher: 57%
  • Millennial population growth: 3.1%

 

Tech Recruiting Toronto

4. Toronto, ON

Leading the Canadian tech market, Toronto ranks at Number 4 for best North American cities for hiring tech talent, and (bonus fact) one of the most affordable cities to operate in (CIO). Rivaling D.C., Toronto falls behind by less than 3 with a total score of 65.38. Toronto also leads in brain gain, meaning it has more demand for tech talent than available (beating San Francisco by almost 10,000). For more on this how this market measures up, see below:

  • Tech talent total: 241,400
  • Market growth (2012-17): 51.5%
  • Bachelor’s degree or higher: 36%
  • Millennial population growth: 7.2%

 

Tech Recruiting New York

5. New York City, NY

The city that never sleeps! Yes, New York lands our halfway mark with a total score of 64.04. As the largest city in the U.S. (by a long shot), it’s no surprise that this thriving economy continues to rank high on the list of top cities to hire tech talent. Although the city’s millennial population isn’t as fruitful as the other cities, New York remains a high contender for best cities to hire tech talent. Check out how the Big Apple stacks up below:

  • Tech talent total: 254,270
  • Market growth (2012-17): 17.2%
  • Bachelor’s degree or higher: 37%
  • Millennial population growth: 0.5%

 

Tech Recruiting Austin

6. Austin, TX

Recently dubbed Silicon Hills, the beautiful Austin, Texas, rises to the name by scoring a total of 60.17, landing its Number 6 spot. While this region only has less than 70k tech positions filled according to the U.S. Bureau of Labor Statistics (Apr. 2018), we expect this growing hub to make a big shift in the tech market as more and more industry-leading companies call these hills home. See how this tech market yee’s its haw:

  • Tech talent total: 69,610
  • Market growth (2012-17): 20.3%
  • Bachelor’s degree or higher: 49%
  • Millennial population growth: 3.4%

 

Tech Recruiting Boston

7. Boston, MA

Landing at Number 7 with a score of 58.14, Boston is considered “America’s Underdog” when it comes to hiring tech talent. Consistently voted one of the top cities in America for start-ups, Boston’s tech market is supported by citywide programs and innovative talent. Check out more about Boston’s tech market:

  • Tech talent total: 113,960
  • Market growth (2012-17): -4%
  • Bachelor’s degree or higher: 48%
  • Millennial population growth: 0.6%

 

Tech Recruiting Raleigh

8. Raleigh-Durham, NC

Looking for something different? Look no further than our Number 8 spot – Raleigh-Durham, North Carolina. With a score of 57.95, this region is not only great for finding tech talent, but it’s also a great value to do business, with relative business costs of 90% (U.S.=100%). Growing its population of millennials by over 15% in the last 8 years, and a whopping 30% female tech talent Raleigh-Durham is no city to ignore when hiring tech talent. See the stats for yourself:

  • Tech talent total: 59,360
  • Market growth (2012-17): 20.7%
  • Bachelor’s degree or higher: 49%
  • Millennial population growth: 15.7%

 

Tech Recruiting Atlanta

9. Atlanta, GA

With a market growth of over 34%, Atlanta, Georgia, is making a name for itself as a major tech hub in North America. Coming in at Number 9, this Southern Gem scores a total of 57.76 on this CBRE report. This robust market is also one of the most affordable cities to hire tech talent, with an average wage of under $93K. See how this market measures up:

  • Tech talent total: 134,770
  • Market growth (2012-17): 34.7%
  • Bachelor’s degree or higher: 51%
  • Millennial population growth: -2.1%

 

Tech Recruiting Denver

10. Denver, CO

This newcomer has knocked Dallas-Ft. Worth out of the top ten and made a name for the Rocky Mountain region. Scoring a total of 56.72, this region continues to surprise the tech industry by it’s growing opportunities and talent supply. Check out how this region stacks up against the other cities:

  • Tech talent total: 99,760
  • Market growth (2012-17): 23.8%
  • Bachelor’s degree or higher: 50%
  • Millennial population growth: 6.8%