The Most Technologically Advanced City in the US: San Francisco, CA
The most technologically advanced city in the US has been revealed, and it’s none other than San Francisco, California. With a score of 4, San Francisco secured the top spot due to its influential companies like Salesforce and Udemy, as well as being located in the renowned Silicon Valley, the epicenter of tech innovation.
According to data from CBRE, San Francisco Bay Area has maintained its leading position as the top market for tech talent for the 10th consecutive year. With a tech labor market that boasts 378,870 workers, a 13% increase since 2016, the region leads in tech talent employment by employing two-thirds of the workforce, surpassing the national average by a significant margin.
The tech industry plays a crucial role in the US economy, contributing over 10% to the country’s GDP and valued at approximately $1.6 trillion as of 2024. The industry is projected to grow by 5% in 2024, leading to an increase in job opportunities and higher median salaries for tech employees.
For more detailed rankings of the 20 most technologically advanced cities in the US, you can check out the full report. And if you’re interested in top-performing stocks in the tech industry, Insider Monkey specializes in identifying promising investments, including the most lucrative AI stocks.