Why Phoenix Ranks Among the Top Tech Talent Markets for 2025

Phoenix ranks in top tech talent markets with virtual data interface.

Phoenix Shines in Tech Talent Rankings

Phoenix has made its mark in the tech industry by securing the 20th spot in CBRE's 2025 Scoring Tech Talent report. This development comes amidst a nationwide slump in tech talent hiring, despite a remarkable surge in artificial intelligence (AI) specialists. The Valley's tech labor pool has expanded by 5.6% to 102,540 individuals from 2021 to 2024, highlighting its growing appeal as a tech hub.

A Growing Talent Pool

Metric analysis reveals that Phoenix produced more tech graduates than jobs added, with 17,949 graduates between 2021 and 2023, creating an enticing environment for companies seeking skilled professionals. Industry leaders like Kevin Calihan from CBRE underscore the importance of this influx, stating, "Metro Phoenix offers a large, skilled tech talent labor pool and produces more than 6,000 tech degree graduates annually." This dynamic not only boosts local employment rates but fosters innovation and collaboration.

National Trends and Local Results

On a broader scale, U.S. tech employment grew by only 1.1% in 2024, a stark contrast to Canada’s robust growth of 5.9%, primarily within high-tech sectors. Notably, computer and information systems managers constituted 83% of 2024's tech job growth in the U.S., thanks to the rising integration of AI technologies. With a similar trend observed in Phoenix, the tech salaries averaged $118,645, a figure that, given the rental affordability, makes it feasible for professionals to settle in the region.

Future Prospects for Phoenix

As these trends unfold, Phoenix is positioning itself not just as a follower but as a leader in the evolving tech landscape. The city experienced significant gains in residents aged 20-30 with college degrees, further enhancing its reputation as a nurturing ground for emerging talent. With tech wages rising and rental costs remaining manageable, the Phoenix tech market is becoming increasingly attractive for both startups and established companies.

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Why Phoenix Ranks Among the Top Tech Talent Markets for 2025

Phoenix Shines in Tech Talent Rankings

A Growing Talent Pool

National Trends and Local Results

Future Prospects for Phoenix

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