Madison has been named the top Midwestern metropolitan area for tech jobs, according to a recent report.
The rankings were compiled by CommercialCafe, a real estate listing service that frequently produces market analysis and other industry reports.
His latest post ranked the 20 best metro areas for tech growth in the Midwest, placing Madison at the top based on nine different metrics. These include factors such as patents granted, unemployment rate, education level, and more.
Among the cities included in the analysis, Madison had the highest ratio of tech jobs, with 70.6 for every 1,000 occupations in the area. The next highest, Des Moines, Iowa, had a ratio of 52.9 per 1,000.
Additionally, tech professionals in Madison earn about $88,727 annually — the second-highest average on the list after the vast Chicago-Naperville-Elgin metro area that spans parts of Illinois, Indiana and Wisconsin. This region had average technology earnings of $92,290.
Madison ranked third for its tech density, with 31.1 out of every 1,000 companies falling into this category.
“Here, the University of Wisconsin-Madison plays a key role in the growth of the metro's technology sector, channeling well-educated graduates and professionals engaged in cutting-edge research to the diverse technology companies that call Madison home,” the report's authors wrote.
That put the city just behind Minneapolis-St. Paul-Bloomington metro area, with 31.2 per 1,000 companies. Ann Arbor, Mich., ranked No. 1 for that measure with 46.4 per 1,000 companies.
Watch the report:
–By Alex Moe