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Prepared by Avison Young’s National Tech Practice Group
Tech Market Heat Map
NORCAL (SILICON VALLEY/OAKLAND/SF)Key Stats (Silicon Valley stats)• Avg. annual tech salary: $116,237• Total tech jobs: 135,290• 47% bachelor’s degree or higher• Avg. Apt. Rent: $2,521/unit/month
HQs: Google (SV), eBay (SV), Oracle (SV), Apple (SV), LinkedIn (SV), Facebook (SV), Cisco (SV), Netflix (SV), Intel (SV), Yahoo (SV), VMware (SV), Electronic Arts (SV), PlayStation (SV), Salesforce (SF), Twitter (SF), Uber (SF).
AUSTIN, TXKey Stats • Avg. annual tech salary: $81,160• Total tech jobs: 77,740• 47.6% bachelor’s degree or higher • Avg. Apt. Rent: $1,190/unit/month
HQs: Solarwinds, HomeAway, LegalZoom, Dell, Whole Foods
NEW YORK, NYKey Stats • Avg. annual tech salary: $135,339• Total tech jobs: 101,796• 60.4% bachelor’s degree or higher• Avg. Apt. Rent: $3,554/unit/month
HQs: Buzzfeed, LivePerson, AOLDC/NOVAKey Stats • Avg. annual tech salary: $110,000• Total tech jobs: 241,000• 58% bachelor’s degree or higher • Avg. Apt. Rent: $1,405/unit/month
HQs: DRS Technologies, Alarm.com, 2U, Cvent CACI, Northrop, BoozAllen, Exelis, Cvent, Make Offices, Bechtel, OPower, Appian, Wedding Wire, Social Tables
Key Stats • Avg. annual tech salary: $82,194• Total tech jobs: 133,170• 34% bachelor’s degree or higher• Avg. Apt. Rent: $1,372/unit/month
HQs: GrubHub, BrainTree, TrunkClubDENVER, COKey Stats • Avg. annual tech salary: $86,293• Total tech jobs: 68,320• 34% bachelor’s degree or higher• Avg. Apt. Rent: $1,244/unit/month
HQs: Four Winds Interactive, Arrow Electronics, Gnip, ReadyTalk
DALLAS, TXKey Stats • Avg. annual tech salary: $83,220• Total tech jobs: 145,670• 28% bachelor’s degree or higher• Avg. Apt. Rent: $1,000/unit/month
HQs: Omnitracs ,Texas Instruments, GameStop Corporation, ACS (Affiliated Computer Services), HP, Active Networks
Key Stats • Avg. annual tech salary: $74,868• Total tech jobs: 24,940• 41% bachelor’s degree or higher• Avg. Apt. Rent: $911/unit/month
HQs: Ancestry.com, Qualtrics, Prosper Healthcare Lending, Hirevue
SEATTLE, WAKey Stats • Avg. annual tech salary: $97,352• Total tech jobs: 129,860• 57% bachelor’s degree or higher • Avg. Apt. Rent: $1,451/unit/month
HQs: Microsoft, Amazon, Zillow
ATLANTA, GAKey Stats • Avg. annual tech salary: $82,540• Total tech jobs: 109,700• 35% bachelor’s degree or higher• Avg. Apt. Rent: $964/unit/month
HQs: NCR Corporation, WorldPay, First Data Corporation, Global Payments, Inc
CHICAGO, IL
SALT LAKE CITY, UT
Source: U.S. Census Bureau (Metro Area) 2014.
LEGEND
SOCAL (LA/OC/SAN DIEGO)Key Stats • Avg. annual tech salary: $89,154• Total tech jobs: 82,410• 37% bachelor’s degree or higher• Avg. Apt. Rent: $1,857/unit/month
HQs: Illumina (SD), Riot Games (LA), SnapChat (LA), Western Digital (OC), Broadcom (OC)
Hot Market
Medium Market
Cool Market
Key Stats • Avg. annual tech salary: $75,280• Total tech jobs: 85,000 • 61% bachelor’s degree or higher • Avg. Apt. Rent: 1,561/unit/month
HQs: Hootsuite, Telus, Avigilon, Allocadia, BuildDirect
VANCOUVER, CANADA
Key Stats • Avg. annual tech salary: $77,740• Total tech jobs: 168,000 • 55% bachelor’s degree or higher• Avg. Apt. Rent: $1,495/unit/month
HQs: Rogers, LinkedIn, Facebook Canada & Twitter Canada (Canadian Head offices)
TORONTO, CANADAKey Stats • Avg. annual tech salary:
$114,353• Total tech jobs: 149,317• 46.9% bachelor’s degree or
higher• Avg. Apt. Rent: $2,280/unit/
month HQs: Wayfair, Care.com, Rue La La
BOSTON, MA