Huntsville Tops CBRE's Next Tech Talent List With 17.9% Growth as New York Reaches 394,300 Workers
Updated
Updated · Yahoo Finance · Aug 21
Huntsville Tops CBRE's Next Tech Talent List With 17.9% Growth as New York Reaches 394,300 Workers
3 articles · Updated · Yahoo Finance · Aug 21
Summary
Huntsville, Alabama, ranked No. 1 among CBRE's next tech talent markets after its tech workforce grew 17.9% in three years to nearly 26,000.
CBRE tied that rise to layoffs and high costs in traditional hubs, with Bay Area tech employment falling by about 23,900 jobs, or 6%, from 2022 to 2025.
New York's metro area added 30,640 tech workers, up 8.4% to 394,300, overtaking the San Francisco Bay Area in total tech workers for the first time.
Huntsville's appeal includes lower living costs: average tech pay was $123,142 last year, while a one-bedroom apartment rents for about $900 versus roughly $4,000 in San Francisco.
Halifax ranked second with 19.4% growth and 20,300 tech workers, while Colorado Springs, Dayton and London, Ontario, completed CBRE's top five.
As AI redefines tech jobs to include skilled trades, could affordable cities like Huntsville become the true successors to Silicon Valley?
Will New York's reign as the top tech hub last, or is the AI boom quietly shifting power to unexpected industrial towns?
With Wall Street absorbing Silicon Valley's discarded talent, what happens to traditional tech giants if finance firms control the future AI workforce?