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Top 10 Tech Talent Cities Market Stadium vs CBRE

Source: Thinkstock

Market Stadium analyzed the MSA (Metropolitan Statistical Area)-level numbers of Tech Talent based on BLS categorization and compared it with the CBRE's city-level ranking. The cities in the final list came out similar except for Denver which was ranked 14th based on Market Stadium analysis.

Top 10 CBRE Tech Talent Labor Pools (2020) in the US

- Large Tech Talent Markets (>50,000 Labor Pool)
  1. San Francisco Bay Area

  2. New York Metro

  3. Washington D.C.

  4. Los Angeles/Orange Co.

  5. Dallas/Ft. Worth

  6. Seattle

  7. Boston

  8. Chicago

  9. Atlanta

  10. Denver

Here are the results from CBRE's top 10 Tech Talent Labor Pools in the year 2020. There was no surprise as San Francisco with Silicon Valley marked the top, followed by other metropolises including New York and Washington D.C.

Market Stadium Top 10 Tech Talent Rank by MSA (Q3 2021)

  1. New York-Newark-Jersey City, NY-NJ-PA

  2. Los Angeles-Long Beach-Anaheim, CA

  3. Washington-Arlington-Alexandria, DC-VA-MD-WV

  4. San Francisco-Oakland-Berkeley, CA

  5. Seattle-Tacoma-Bellevue, WA

  6. Dallas-Fort Worth-Arlington, TX

  7. Boston-Cambridge-Newton, MA-NH

  8. San Jose-Sunnyvale-Santa Clara, CA

  9. San Diego-Chula Vista-Carlsbad, CA

  10. Atlanta-Sandy Springs-Alpharetta, GA

Market Stadium's ranking was slightly different because the analysis was based on MSA-level. It came out that New York-Newark-Jersey City MSA had the most numbers of tech talent, followed by Los-Angeles-Long Beach-Anaheim, CA. San Francisco-Oakland-Berkeley MSA was ranked 4th on the list.

In addition, Market Stadium data team conducted a correlation analysis between high-tech employees & housing value. The correlation between the two variables is over 60% which explains there is a high correlation between these two factors.

Market Stadium data team also performed a forecast of high-tech employees for the next 3 years between 2021-2024 and here is the list of Top 20 MSAs with the best forecast of High-tech employees. Interestingly, Huntington-Ashland MSA marked the top on the list and it also was at the top of the ranking for Public School Ratings

Top 20 High-tech Potential Growth MSAs for the next 3 years (2021-2024)

  1. Huntington-Ashland, WV-KY-OH

  2. New York-Newark-Jersey City, NY-NJ-PA

  3. Columbia, MO

  4. College Station-Bryan, TX

  5. Midland, TX

  6. Odessa, TX

  7. Memphis, TN-MS-AR

  8. Greenville, NC

  9. Gainesville, GA

  10. Nashville-Davidson--Murfreesboro--Franklin, TN

  11. Jackson, MS

  12. San Angelo, TX

  13. Jacksonville, FL

  14. Las Vegas-Henderson-Paradise, NV

  15. Savannah, GA

  16. Knoxville, TN

  17. Kansas City, MO-KS

  18. Greenville-Anderson, SC

  19. Chattanooga, TN-GA

  20. Santa Fe, NM

Below describes BLS categorization for High-tech talent which Market Stadium referenced.

Market Stadium Tech Talent Category referenced by BLS

  • Pharmaceutical and medicine manufacturing

  • Scientific R&D services

  • Navigational, measuring, electromedical, and control instrument manufacturing

  • Pharmaceutical and medicine manufacturing

  • Computer and peripheral equipment manufacturing

  • Semiconductor and other electronic component manufacturing

  • Computer and peripheral equipment manufacturing

  • Communications equipment manufacturing

  • Software publishers

  • Computer systems design and related services

  • Industrial machinery manufacturing

  • Metalworking machinery manufacturing

  • Manufacturing and reproducing magnetic and optical media

  • Other electrical equipment and component

  • Aerospace product and parts manufacturing

  • Other fabricated metal products manufacturing

  • Boiler, tank, and shipping container manufacturing

  • Basic chemical manufacturing

Dennis Lee

CEO of Market Stadium

Previous Lionstone Investments Research Team

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