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Average Annual Tech Wage for the area is $83,200(page 41)
On a side note, for the "Next 25", Albany was 8th and Buffalo 20th(page 46)
NYC is #5 and Long Island is #43 on the list.
Update: for the 2021 edition, Rochester is 47th. Average Annual Wage is up to $85,256(page 63).
For the Next 25, Albany moves up to 6th and Buffalo up to 17th. nYC comes in at #5 again.
I would question this report. ROC is usually in the top 10 and previously #1 in new patents. Lots of small companies manufacturing high tech stuff. 2 Major Research Universities. I don't see many CBRE signs around. They don't know the market.
I would question this report. ROC is usually in the top 10 and previously #1 in new patents. Lots of small companies manufacturing high tech stuff. 2 Major Research Universities. I don't see many CBRE signs around. They don't know the market.
Also, Buffalo #17? and Albany #6?
The Albany and Buffalo rankings are for the markets in the 51-75 range. Hence, the "Next 25".
I should also mention that this is for the US and Canada.
So Buffalo is 67 and Albany is 56? I don't understand why it would be stated the prior way?
I think they look at those Next 25 as another tier in relation to those top 50 areas, which Rochester is apart of. So, Rochester is viewed as having more tech talent in comparison.
It is also interesting how the Albany area is in the middle of the Tech Valley, but Rochester is viewed by the list as being better for tech talent. For those that know about Rochester aren’t surprised, but I just find it interesting how it isn’t marketed as being from a Tech standpoint.
I think they look at those Next 25 as another tier in relation to those top 50 areas, which Rochester is apart of. So, Rochester is viewed as having more tech talent in comparison.
It is also interesting how the Albany area is in the middle of the Tech Valley, but Rochester is viewed by the list as being better for tech talent. For those that know about Rochester aren’t surprised, but I just find it interesting how it isn’t marketed as being from a Tech standpoint.
I've said it many times before. Rochester has NO leadership. We've always relied on the dynamics of businesses driving the growth.
Something else that is increasingly obvious, is Duffy is so quiet. He was forced to support the STAMP facility with Finger Lakes money. Cuomo is playing politics with his desire to run for president someday and wants to point to Buffalo as HIS success.
I've said it many times before. Rochester has NO leadership. We've always relied on the dynamics of businesses driving the growth.
Something else that is increasingly obvious, is Duffy is so quiet. He was forced to support the STAMP facility with Finger Lakes money. Cuomo is playing politics with his desire to run for president someday and wants to point to Buffalo as HIS success.
I also wonder if it is also just a matter of Kodak, Xerox, Bausch and Lomb defined the area’s economy for so long, that people viewed their downsizings as a decline in tech and innovation in the area. As we can see and many know that much of that talent stayed and just started their own companies or the R&D aspect of the area has still been prevalent.
^It looks like the information in a couple of threads validates the many smaller companies claim. So, perhaps the area suffers from an outdated view that came from having a few large companies dominate the economy, but is now an economy full of smaller companies/startups.
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