Springfield recognized as #2 U.S. city to work in tech
Springfield is getting national recognition as the second best city in the U.S. to work in technology. That's according to a New York based financial tech company called Smart Asset.
The study was based off of five factors:
- Percent of workers employed in tech
- Ratio of the average tech salary to the average salary across all fields
- Cost of living
- Unemployment rate
- Average salary for tech workers
The study shows that the average tech worker in Springfield makes $83,500 a year. Innovate Springfield, a business incubator in the city, says one of its goals is to find and retain talent to continue growing local businesses. Bruce Sommer, a Co-Founder of Innovate Springfield, said, "Some of these data points are, I think, reassuring to our efforts, and even encouraging to do more around that."
"We've got the low cost of living. We have a supportive community and we have manufacturing capabilities," said Barnabas Helmy, Founder of SmashToast. "So, we really have everything going for us, and then with the internet you have the ability to keep in contact your connections, as well."
Springfield was also named one of the top 15 Midwestern cities for startup businesses.