According to CBRE’s recent report, “Scoring Tech Talent in North America,” Atlanta ranks No. 5 in the nation’s top tech talent markets. Low cost of living and lower cost of office space weigh heavily in Atlanta’s attraction to young hires.
The scorecard uses 13 metrics to measure each market’s depth, vitality and attractiveness to companies seeking tech talent and to tech workers seeking employment. Each metric was weighted by its relative importance to job creation and innovation. Tech talent concentration metrics have the highest weights because they signify clustering of tech workers. Labor costs for tech talent are weighted more heavily than office rents because companies allocate more capital to labor than to real estate.