Top Tech Talent Town
According to a new report, the Triangle's tech talent pool and job market are expanding rapidly. In a key ranking by real estate firm CBRE, which assists companies in securing office space, the Triangle's appeal as a tech industry hub saw the most significant growth among metro areas.
The report highlights how the Triangle distinguishes itself in several key areas on the national level.
The number of tech workers in the city grew 17.9% to 75,150 between 2018 and 2023, one of the highest rates in the country.
It had the third-highest representation of female tech workers of any market in the study.
And many businesses are attracted to its lower costs, with the average wage for a tech worker in the Triangle at $106,900, compared to $192,969 in the San Francisco Bay area. Although growing fast, Triangle rents remain lower than most peer tech hubs as well, per the report.
You can read the full report on Axios.com or CBRE Tech Talent Report.