The rising costs in the large markets will help the smaller markets, Yasukochi said.
The number one small tech labor market was Kansas City, Missouri, with a tech labor force at 48,500 and a five-year growth rate of 42%. It was closely followed by Charlotte, N.C., at just over 47,000, but at a growth rate of 75%.
What do Kansas City and Charlotte have in common?
Lower cost and availability of talent were factors shared by each city, said Yasukochi. But both cities have also invested in high-speed broadband networks, "which has had a major impact on stimulating technology growth" in those two markets, he said.
The Kansas City area was the first Google Fiberlocation in the nation. Charlotte is getting Google Fiber as well.
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