Not only is the city of Denver, Colorado one of the best cities in which to find a job in the fast-growing technology industry, it’s one of the best places in the nation to find a job in any industry, according to recent reports. “Denver’s job market ranks No. 8 for employment opportunities.” (1) Denver’s tech industry, however, is the seventh fastest-growing tech center in the country, and the city is growing in leaps and bounds because of its employment offerings.
Denver’s Technology Industry
Denver’s tech hub has been growing at a fast rate, and this growth is prompting many technology-related companies to move to or invest in Denver because of its skilled employee base. Whereas other technology centers in the nation have remained stagnant in terms of growth, Denver is experiencing an upsurge in technology-related employment. Moreover, Denver’s technology workers are also seeing increases in wages, which is another reason so many people in this field are moving in droves to the Mile High City.
Job Hunters Flock to Denver
While Denver’s technology industry has been making headlines, its overall job market is also one of the healthiest in the nation. Not only are people throughout the state moving in greater numbers to Denver, but many out-of-state workers having been obtaining employment in Denver as well. With its competitive wages and wide array of job openings, Denver is easily attracting people in various sectors like education, service, and manufacturing. Of course, the technology sector is driving Denver’s reputation as a major employment hub and is likely to continue to do so in the coming years based on industry predictions.
The Real Estate Crunch in Denver
With so many jobs available in Denver, finding real estate has been the main issue for people moving to the city. Homes don’t last on the market long before they sell. In fact, construction crews are scrambling to make new housing available to Denver’s new residents. Naturally, the demand for homes is great for Denver’s real estate industry–another sure sign that this city is thriving.
Buying a Home in Denver
New communities have been sprouting up in Denver in some convenient locations for workers. For instance, technology workers who choose to live in charming Heritage Hills community are only a short distance away from “The Denver Technological Center (DTC), home to the largest concentration of corporate office space south of downtown Denver, as well as hotels, restaurants and stores.” (2) Being able to enjoy easy access to job centers and transportation hubs while still having the luxury of living in a gated community with generously-sized, single family homes makes areas like Heritage Hills and similar developments extremely attractive to well-paid professionals in the tech sector. Communities such as this one have become increasingly popular not only because of their proximity to jobs, but also because of their ideal amenities and scenic locales.
I think this should read: With its healthy communities and vibrant job market, Denver is one of the most attractive places in the country to call home.
1. Denver Business Journal, “Denver is in the Top 10 for best cities to find a job,” http://www.bizjournals.com/denver/news/2014/03/03/denver-is-in-top-10-for-best-cities-to.html
2. Heritage Hills, http://www.heritagehillscolorado.com/transportation-business