Denver ranked No. 4 for STEM professionals

Tuesday January 26, 2016 0 comments Tags: Denver, WalletHub

WASHINGTON, D.C. -- Denver has been rated the No. 4 best metro area for STEM professionals in a nationwide study by WalletHub.

With STEM — science, technology, engineering and math — jobs expected to grow 1.7 times faster than non-STEM professions in the coming years, the personal-finance website WalletHub conducted an in-depth analysis of 2016’s Best & Worst Metro Areas for STEM Professionals. STEM_logoUSE

Following an earlier report on the Best & Worst Cities to Find a Job, WalletHub’s analysts compared the 100 most-populated metropolitan statistical areas across 16 key metrics to help STEM professionals find the best markets for their valuable occupations, looking at such factors as per-capita job openings for STEM graduates to annual median wage growth for STEM workers.

According to the WalletHub study, the Top 10 metros for STEM professionals are:

San Jose, CA
Austin, TX
Seattle, WA
Denver
Minneapolis, MN
Boston, MA
Madison, WI
Houston, TX
Pittsburgh, PA
Columbus, OH

The 10 worst metros for STEM professionals are:

North Port, FL
Deltona, FL
Miami, FL
Jackson, MS
Oxnard, CA
Honolulu, HI
Cape Coral, FL
Lakeland, FL
Bridgeport, CT
Las Vegas, NV

Other report highlights:

Comparing the Best & Worst

The per-capita job openings for STEM graduates is highest in Austin, TX, which is 76 times greater than in Deltona, FL., the metro area with the lowest.
The percentage of all workers in STEM occupations is highest in San Jose, CA, which is five times greater than in McAllen,TX, the metro area with the lowest.
The projected number of STEM jobs needed in 2020 per capita is highest in Washington, which is 14 times greater than in Las Vegas, the metro area with the lowest.
The unemployment rate for people with at least a bachelor’s degree is highest in Riverside, CA, which is three times greater than in Des Moines, IA, the metro area with the lowest.
The cost of living-adjusted annual median wage for STEM workers is highest in Houston, which is two times greater than in Honolulu, the metro area with the lowest.
The housing affordability for STEM professionals is highest in Winston-Salem, N.C., which is two times greater than in Honolulu, the metro area with the lowest.