Seattle and San Francisco are growing out of reach even for well-paid tech-savvy millennials as rents rise to meet demand. An increasing number of tech workers are realizing they might not have a shot at livable conditions in the traditional tech hubs and are moving out to cities where rapidly improving tech infrastructure and a lower cost of living make them attractive alternatives.
Cities like Des Moines, Iowa, Raleigh-Durham, North Carolina, Austin, Texas, and Minneapolis, Minnesota have brought their own crop of tech start-ups to market, hoping to grow their economies and attract younger workers still swallowed by student debt.
Devon Thorsby, a reporter for Business Insider, writes:
What does it mean for those looking to launch a startup or join a tech company? The options are numerous, and while seven years ago only a few cities had recovering job markets, the industry that raced to fill the job void is now all over the country.
While these emerging tech hubs may never reach the level of Silicon Valley, they’re well-connected to major cities, and the idea that less-populated parts of the country are lagging in technology may soon be disappearing.