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Techies leave San Francisco and New York for Austin and Nashville

Tech employees are fleeing San Francisco and New York for cheaper cities, however Miami isn’t a giant vacation spot, based on new knowledge.

Austin, Texas, noticed the most important inflow of tech employees in the course of the pandemic, with a web 217 software and data expertise employees shifting to town per 10,000 current employees. Nashville clocked in second with 154.7 web techies per 10,000, adopted by Charlotte, NC, with 145.8; Jacksonville, Fla., with 136; and Denver with 130.4. 

Other cities within the high 10 embody Seattle, Tampa Bay, Las Vegas and Dallas-Fort Worth.

Miami, nevertheless, got here in eleventh, attracting an influx of simply 76.6 software and data expertise company employees per 10,000 current employees between May 2020 and April 2021, based on LinkedIn knowledge.

That’s regardless of Miami’s reputation with the Wall Street crowd, in addition to the truth that Miami Mayor Francis Suarez has tried to courtroom CEOs like Elon Musk on Twitter whereas searching for to pay public employees’ salaries in bitcoin and lobbying the state to let town make investments public money in cryptocurrency. 

The brunt of the tech migration has been borne by San Francisco, which lost 80.5 tech employees per 10,000. Boston lost 54.4 and New York City lost 42.3. Chicago, Cincinnati, Pittsburgh and Washington, DC, additionally lost substantial numbers of tech employees.

Nashville clocked in second with 154.7 web techies per 10,000 current customers.
Getty Images

It’s unclear, nevertheless, whether or not the transplanted techies will keep put after the pandemic. Some tech giants like Microsoft and Twitter have advised many staff they’ll make money working from home without end, whereas Apple is spending billions of {dollars} increasing workplaces in smaller cities like Austin and Raleigh, NC.