Austin Overtakes San Francisco as #1 Tech City in the World
London-based consulting firm reveals study ranking Austin the best city for tech in the world.
It’s no surprise that Austin has the best environment for a thriving technology industry, according to a report by Savills Plc., a property-consulting firm in London. Based on a recent study conducted by Savills, Austin finally surpassed San Francisco, one of the most established tech cities in the world. Of the 12 cities surveyed, Austin out-performed every other city based on key metrics such as business environment, quality of life and property prices.
How Did Austin Surpass San Francisco?
In a populated city full of aspiring students, young professionals and experienced tech industry leaders, Austin is reported to be home to the youngest pool of talent paired with a high quality of life and low affordability.
Complete List of Top Tech Cities in the World
- San Francisco
- Tel Aviv
- New York
- Hong Kong
Studies Reveal that Austin Is a Top City for Young Professionals
In another study, Nerdwallet, a major provider of personal finance education, ranked Austin 8th for top tech city, and 7th as best city for young entrepreneurs. Factors contributing to the high rankings included local resources for startups, highly educated workforce and low unemployment rate. If you’re looking for a place to work, Austin tops the chart!