Tech’s New Hotbeds: Cities with the Fastest Growth in STEM Jobs are Far from Silicon Valley
Economic demographer Joel Kotkin calls Charlotte “a new high-flyer” among technology industry destinations. Population density and moderate housing costs are important to mobile young workers started technology careers. Orlando, Nashville and Dallas-Fort Worth are also in strong positions vis-à-vis costlier markets like Chicago, New York City and San Francisco. “If millennials continue their current rate of savings, it would take them 28 years to qualify for a median-priced house in the San Francisco area – compared with five years in Charlotte, or three years in Atlanta,” Kotkin says.