By Mike Sunnucks | Rose Law Group Reporter
Phoenix ranks 20th for technology talent in North America, according to a new report from commercial real estate brokerage firm CBRE.
That is below a number of the markets Phoenix competes with for technology jobs and site selections. Austin came in 6th on the CBRE report. Denver was 8th, Raleigh-Durham 10th, Dallas 11th, Salt Lake City 15th, Portland 16th and San Diego 18th.
CBRE ranked metro areas on their technology labor pool, high-tech talent pipeline as well as other economic and workforce factors and indicators.
Phoenix is the 8th largest producer of technology graduates with more than 24,000 tech-related graduates coming out of the region between 2012 and 2017. Much of that total comes from Arizona State University.
The Phoenix region’s millennial population also grew 8.3 percent since 2012, according to CBRE. The national average was 2.5 percent. CBRE also likes Phoenix’s affordability compared to other big cities.
Phoenix did rank higher on the CBRE tech market list than Chicago (21st), Philadelphia (22nd) and Los Angeles (23rd).
The San Francisco Bay Area topped the CBRE ranking followed by Seattle, Toronto, Washington D.C. and New York.