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Florida is a low-cost technology hub

  • ​The four major metros of Florida are all top 50 tech markets nation-wide.
  • Thanks to a strong educational pipeline of skilled tech workers, Florida’s tech industry is growing at an average compound growth rate of 4.6 percent across the four main markets. Tampa and Orlando are seeing the above average growth rates of 6.6 percent and 5.8 percent, respectively.
  • Tech wages in Florida average $76,318, but wages are noticeably higher in Orlando and Jacksonville, with 12.2 percent and 13.8 percent wage growth over the last 5 years, respectively.
  • Orlando and Jacksonville are also better educated than Tampa and South Florida, with 42.0 percent of the population with an associates degree or higher in Orlando, and 41.1 percent of the same in Jacksonville.
Source: JLL Research

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