Real estate firm Cushman & Wakefield has published a list of the top-25 tech cities in the U.S. It turns out, we're not Silicon Valley:
The report’s authors analyzed data from a variety of sources to measure factors such as universities, capital, talent and high-growth companies. The authors evaluated the cities on the potential for tech to affect the commercial real estate business, they wrote in the report.
Chicago’s overall rank, No. 16, placed it behind Portland and New York and ahead of Atlanta and Los Angeles. The authors addressed the low rankings of the country’s two largest cities in a release, saying New York faced a historic lack of engineers — which may change as investment in local universities and tech schools increases — and that Los Angeles’ economy is too diverse for tech to be a driving factor. They wrote that Seattle, home to tech giants Microsoft and Amazon, is likely the biggest competitor to the Bay Area.
The percentage of Chicago’s workforce made up of tech workers is also relatively low compared to other tech cities on the list, at about 5 percent. That places Chicago just behind Indianapolis and just ahead of New York, according to data from the Bureau of Labor Statistics and Moody’s Analytics. Compare that to Silicon Valley, where more than 27.4 percent are tech workers.
We're still living in the Greatest City in North America. But as far as tech goes, we're a little behind the Bay Area, Boston, and Raleigh-Durham.