Tampa Bay tech hub status continues to shine as a recent study places the region among the 2024’s top 20 southern metro areas in the United States. Highlighting factors such as technology job density and median earnings, this new analysis underscores Tampa Bay’s expanding influence within Florida’s burgeoning tech scene.
“With the growth of technology throughout Florida, a new report by CommercialCafe has ranked Tampa Bay as the third-best tech hub in the state.”
Florida’s Tech Rankings
Tampa Bay proudly secured the No. 18 position on the list, a testament to the region’s continued rise in the tech sphere. Four other Florida cities joined Tampa Bay in the top 20: Palm Bay (No. 15), Crestview (No. 17), Jacksonville (No. 19), and Orlando (No. 20). These placements reflect a collective surge in Florida’s tech ecosystem, demonstrating the state’s commitment to innovation and talent development.
“Tampa Bay is a top 20 tech hub, report shows”
Business Growth and Cybersecurity
According to the report, Tampa Bay stands fourth for business growth and eighth for its tech earnings increase, with tech employment up by 24% since 2019. Median tech earnings in the region are now at $92,903 — a figure that mirrors the area’s flourishing opportunities.
“Tampa Bay has become a cybersecurity hot spot, led by firms like ReliaQuest, while programs such as Tampa Bay Wave — which recently surpassed $1 billion in capital funding — have helped foster startups,” the report wrote.
Leading Southern Metros
Washington, D.C., claimed the No. 1 spot, with Austin, Texas, close behind, boasting a 25% jump in tech company density from 2019 to 2023. Meanwhile, Wilmington, North Carolina, showed the highest percentage growth in tech establishments among Southern metros at 30% over the past five years, catapulting it from No. 69 to No. 13.
“The study ranked 2024’s top 20 southern metro areas with populations of more than 200,000 based on factors such as technology job density, median earnings and overall quality of life.”
For more information, the full report can be found here.
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