A study released today named Colorado Springs as one of the nation’s “Top 20 Tech Towns.”
The Springs is the No. 20 top technology city due to its job opportunities for IT workers in addition to its desirable quality of life, according to the study by the Computing Technology Industry Association.
“Tech workers looking to jumpstart their careers have more opportunities than ever, as America’s ‘Top 20 Tech Towns’ can be found across 14 states and the District of Columbia,” a CompTIA news release for the study said.
The nonprofit trade association compiled job postings over a 12-month period from August 2017 to July 2018 to complete the 2018 Tech Town Index.
Its purpose is to help IT professionals decide where to live and work, based on opportunity and costs.
The study focused on 20 metropolitan areas with populations greater than 250,000 and then ranked the cities based on: cost of living; number of open IT positions; and projected job growth over the next 12 months and the next 5 years.
“Several Tech Town up-and-comers including Des Moines, Lansing, Colorado Springs and Huntsville, Alabama secured top 20 rankings,” the release said.
Over the past 12 months, about 8,356 tech jobs were posted in Colorado Springs. The median salary for IT professionals is $90,438, according to the study.
Additionally, the number of IT jobs in the Springs is expected to grow 5 percent during the next 5 years.
“As technology permeates every corner of our personal and professional lives, employment opportunities are expanding across the nation and fueling job growth in regions not traditionally thought of as tech hubs,” Nancy Hammervik, executive vice president of industry relations for CompTIA, said in the release. “The geographic diversity of the index is something we’re very excited to see and demonstrates the positive impact the technology industry is having on regional economies.”
College towns like Boulder also made the list, showing that more “well-educated talent” can help cities blossom into innovation hubs.
The 2018 Tech Town Index ranked Charlotte, N.C. as the nation’s top Tech Town. The release called the Tar Heel State a “red-hot tech hub,” with Raleigh earning the No. 2 spot and Durham-Chapel Hill coming in at No. 15.
“Despite being among the most expensive areas to live in the U.S., tech-heavy hitters like San Jose and San Francisco find themselves at number four and number five, respectively — as employment opportunities continue to outpace the ramifications of housing costs,” the release said.
Both the country’s economic growth and workforce gains are being driven by the technology industry, the release said.
“The tech industry expanded by nearly 200,000 jobs in 2017 to an estimated 11.5 million total workers,” it said. “Additionally, at $1.6 trillion, the tech sector is one of the largest components in the nation’s economy and is a top-five economic contributor in 22 states.”
The majority of tech positions offer higher salaries than other industries, with the average annual wage in the tech industry at $112,890 — 107 percent higher than the average annual wage for all jobs.
Visit aitp.org for the complete CompTIA 2018 Tech Town Index.