Austin deemed No. 1 in America for new tech jobs
No wonder Austin is dubbed "Silicon Hills." A new report from Forbes shows that Austin is still leading the country in the technology-based jobs.
According to the most recent numbers, Austin is the No. 1 city for tech job growth — a title that the Capital City claimed last year as well. Austin is followed by Raleigh, North Carolina and San Jose, California.
To determine the rankings,the business magazine looked at job growth data between 2004 and 2014. "[Austin] boasts the strongest expansion in tech sector employment of any of the nation's 52 largest metropolitan areas," says Forbes. The findings reveal that Austin's tech scene saw a 73.9 percent expansion in jobs during that time period as well as a 36.4 percent growth for STEM (science, technology, engineering and mathematics) jobs. By the end of 2014, Austin boasted 53,118 tech jobs and 86,189 STEM jobs.
Austin is no stranger to recognition from Forbes. The magazine has previously alluded to Silicon Hills overtaking Silicon Valley. "Lack of a personal income tax, relatively cheap real estate and a strong tech community in a carefully planned and revitalized downtown sealed the deal for [hundreds of entrepreneurs] who are flocking to Austin to set up shop," said Forbes in March.
Forbes declared another Texas city as "the biggest surprise" on the list. Houston comes in at No. 4, with 42.3 percent job growth in the tech industry and 37.8 percent in STEM. Rapid job growth there was attributed to the energy and medical industries.
Salt Lake City, Utah; Seattle, Washington; Nashville, Tennessee; Jacksonville, Florida; and Memphis, Tennessee round out the top 10.