Carmel Ranks 9th with Indy in Forbes List of Cities Creating Most Tech Jobs

High-tech job growth is not all about Silicon Valley any more, according to a new survey by Forbes Magazine that ranks the Indianapolis-Carmel area as the 9th fastest-growing area when it comes to the creation of jobs in the technology sector.

The survey studied job-creation trends of the nation’s 52 largest metropolitan areas from 2001-2013. According to the magazine, Indianapolis-Carmel tech industry employment was up 50.4 percent in that period, while science, technology, engineering, and mathematics (STEM) occupations growth increased 10.6 percent.

“Carmel is pleased to have attracted so many high tech companies which tend to employ a higher than average number of young professionals. Carmel’s excellent school system, safe neighborhoods, its parks and trails, cultural options, and focus on good city design all complement each other in creating a vibrant and thriving community. This makes it easier to attract these types of companies,” said Mayor Jim Brainard.

The magazine called Indianapolis-Carmel one of the “less-celebrated” of the metro areas who did well on the survey, alongside Salt Lake City, Baltimore, Jacksonville, Kansas City and Denver. Such areas are “generally less expensive than the trendier cities, and could attract more tech investment once the current bubble conditions die down.”

The Forbes survey was done by Mark Schill, research director at Praxis Strategy Group. The time frame, 2001-2013, marks a period that extends from the bust of the last technology expansion to the flowering of the current one. Schill looked at employment in software, engineering, and computer programming services and also analyzed the numbers of workers in other industries who are classified as being in STEM occupations.

Read the Forbes report here:


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