Last week, the Greater Nashville Technology Council (NTC) + MTSU released their annual 2021 State of Middle Tennessee Tech report.
Each year, the two entities analyze industry data to track the trajectory and evolution of the region’s tech workforce.
Since last year’s report, NTC has launched its TechIntoNashville initiative to encourage workers from the six leading US tech cities — San Francisco, Los Angeles, Chicago, New York, Boston, and Washington, D.C. — to relocate to Nashville as Amazon, Facebook, Oracle, and other industry giants set up shop in the region.
📋 Here are the biggest takeaways from the report:
The number of tech jobs in Middle Tennessee grew by 51% from 2015-2020, outpacing national tech job growth by 32%, statewide tech job growth by 13%, and overall job growth in Middle Tennessee by 41%.
The projected growth rate for tech jobs in Middle Tennessee (2020-2025) is 12%, compared to 8% projected national tech job growth, 10% projected statewide job growth, and 7% projected growth across all occupations in Middle Tennessee.
In 2020, the median compensation for tech jobs in the region was $71,188. This is 76% above the median compensation for all jobs in the region + 17.7% below the national median for tech jobs.
The average number of new monthly job postings across all tech occupations in the region last year was 14,462.
The Computer Systems Design and Related Services industry employed the largest number of tech workers in the region with 7,820 employees + Software Developers and Quality Assurance had the highest demand with an average of 3,762 new unique monthly job postings.
Read the full report for detailed information on job supply and demand, industry diversity, and more.
