Orlando Ranks Among 20 Hottest Cities For Tech Growth

Technology talent often found in California's tech mecca Silicon Valley is starting to spread to other parts of the U.S., thanks to the rising cost of living in the Bay area and government tax breaks for companies that move to another state. And because of that, Orlando is starting to see growth in the industry.

Orlando ranks No. 6 out of 20 for fastest-growing tech markets, according to Time magazine, which gathered data from job search site ZipRecruiter. That data was analyzed for more than 8 million active jobs, wages and year-over-year growth.

Orlando's top tech jobs include project manager, software engineer, project engineer, network engineer and developer. Year-over-year growth in tech jobs here is 149 percent, along with $52,800 in early career median pay, $87,400 in mid-career median pay, $1,500 in median rent and a $210,000 median home price.

Orlando has a robust small tech community, as well as a larger corporate tech sector. By having various accelerators like StarterStudio, VentureScaleUp and FireSpring to support tech entrepreneurs, more idea makers may feel confident about coming to Orlando to build a company.

Orlando is also home to major divisions for Lockheed Martin like its Rotary & Mission Systems site and its Missiles & Fire Control facility, which combined have about 7,000 employees. Orlando also is known as the epicenter for modeling simulation and training with all of its military defense activity.

Orlando's tech community also may be growing as larger projects in the industry are completed or near completion. The Florida Advanced Manufacturing Research Center, a $70 million, 109,000-square-foot building that studies the development of smart sensors, opened in April and may lead to the creation of thousands of tech-related jobs. And Kent, Wash.-based rocket firm Blue Origin will complete its $205 million, 750,000-square-foot rocket manufacturing plant in Kennedy Space Center's Exploration park — a center that will create 330 high-wage jobs.

Other Florida cities on the list include Jacksonville, No. 9; and Tampa, No. 17. The very top spot went to Huntsviille, Ala.

Source: Orlando Sentinel