Tech-savvy cities

Technological innovation is at the heart of most modern cities and as the sector seemingly grows bigger every day, it’s also fast becoming one of the biggest employers around the world too.

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In the UK alone, it’s estimated that tech employment stands at around 2.5 million and accounts for 7.6% of the total workforce, while tech hubs such as London regularly draw people looking to work in the sector.

So if you need to compare mortgages ahead of a potential career relocation, where are the most tech-savvy cities globally?

To find out, the experts at have compared a number of global tech cities on factors such as tech job earnings, the number of successful startups to come from the city and the pedigree of local universities when it comes to the subject.

Interestingly, each of the top six cities and eight out of the top ten were all located in the United States, with North American cities topping the rankings for all five factors, with the USA long being a leader in technological innovation.

The world’s most tech-savvy cities

image with statistics on why Denver is the most tech-savvy

1. Denver, United States

In first place is a city not necessarily always thought of as one of America’s tech hubs, Denver, Colorado.

However, Denver scored highly across the board, particularly in terms of average internet speed (for which it was the top-scoring city), as well as the numbers of unicorn companies per 100,000 people and the level of disposable income for tech workers. 

Denver, like many other cities, experienced a tech boom in the mid to late 90s and is home to the Denver Technological Center.

Washington DC 2nd for being tech savvy

2. Washington, D.C., United States

The capital of the United States comes in second place, being home to a large number of tech startups (146 per 100,000 people, the second highest overall).

Washington has a reputation as a progressive, millennial-focused city, which lends itself to fostering innovation and new ideas, with many startups choosing the capital as their home.

Image with NYC stats on why its the 3rd most tech savvy city

3. New York City, United States

Taking third is New York City, which had one of the highest rates of unicorn companies outside of San Francisco, with one for every 100,000 people in the city.

The Big Apple is home to ‘Silicon Alley’, an area known for its concentration of high tech businesses in fields such as telecommunications, digital media, fintech, software and more. The sector is quickly growing in New York, supported by the Tech:NYC non-profit organisation.

Dallas - #1 for disposable income

Estimated disposable income (IT employees) - Dallas (£54,656)

When it came to the earnings potential of those working in the tech sector, it was Dallas, Texas, that claimed top space. IT employees in the city have a median average income of £79,864, and once we take the average annual cost of living into account, this means a disposable income of £54,656.

imagine of Denver being the best for download speeds

Average download speed - Denver (140.27 Mb/s)

A strong, reliable and speedy internet connection is obviously vital for those working in tech, and the city which came out as the clear winner here was Denver, Colorado, with an average download speed of 140.27 Mb/s. 

Image of stats for Union companies

Unicorn companies - San Francisco (14.94 per 100,000 people)

A unicorn company is a privately held startup with a valuation of over $1 billion and that makes them the most successful startups in the world. San Francisco is home to the most, with over 14.94 per 100,000 people, including Discord, Reddit, Clubhouse and more.

Image of listed startups

Startups listed on Crunchbase - San Francisco (557 per 100,000 people) 

San Francisco also came top when it came to the total number of startups listed on Crunchbase, with 557 per 100,000 people. As mentioned, the city has experienced a couple of startup booms in the past 20 years or so that have invigorated the local economy, with large numbers of app developers and marketing and design agencies.

Image containing University score (Vancouver is #1)

Average university engineering & technology score - Vancouver (83.3)

It’s not just potential employment in the tech sector that might draw people to a particular city, but also education. Looking at the universities highlighted by QS World University Rankings for their tech degrees, the city with the highest average score is Vancouver, which is home to the University of British Columbia.

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Methodology and sources analysed the cities above based on the following factors, starting with a shortlist of tech cities from the following sources, omitting any cities for which data was not available for each factor:

Each city was given a normalised score out of ten for each factor before an average of all four scores was taken.

Estimated disposable income (IT employees)

The average salary for information technology jobs on Salary Explorer, converted into GBP, USD and EUR as of December 20th, 2021, using

The estimated monthly cost of living for a single person was taken from Numbeo (multiplied by 12 to give an annual figure) and subtracted from the median income to give an estimate of annual disposable income.

Average download speed

The average broadband download speed in Mb/s according to Broadband Speedchecker’s ISP directory.

Unicorn companies

The number of unicorn companies currently listed on CB Insights, calculated per 100,000 people according to population data from World Population Review.


The number of startup companies currently listed on Crunchbase, calculated per 100,000 people according to population data from World Population Review.

Average university engineering & technology score

The average score of universities listed on the QS World University Rankings 2021 for engineering and technology. Note that if a city didn’t have any universities listed, this factor was not taken into consideration when calculating the final average score.

About James Andrews 

James is our senior personal finance editor and has spent the past 15 years writing and editing personal finance news. He has previously written for ReachPLC, was money editor of Mirror Online and Yahoo Finance UK, and has recently been quoted in City AM, Liverpool Echo and Daily Record as well as featured on national radio shows TalkRadio and the BBC

View James Andrews’ full biography here or visit the press centre for our latest news.

About James Andrews

James has spent the past 15 years writing and editing personal finance news, specialising in consumer rights, pensions, insurance, property and investments - picking up a series of awards for his journalism along the way.

View James Andrews's full biography here or visit the press centre for our latest news.