Bloomberg recently identified the cities attracting America's most skilled workers and ranked them on its Brain Concentration Index.
To make the list, Bloomberg used U.S. Census data to find metro areas with a population of 100,000 people or more with the highest concentration of STEM professionals, advanced degree holders, STEM undergraduate degree holders, and net business formation.
The top 10 cities on Bloomberg's Brain Concentration Index are:
1. Boulder, CO
2. San Francisco, CA
3. San Jose, CA
4. Fort Collins, CO
5. Washington, DC
6. Raleigh, NC
7. Durham, NC
8. Madison, WI
9. Seattle, WA
10. Denver, CO
In an article about the list, Vincent Del Giudice, Wei Lu, and Agnel Phillip note that three cities in Colorado made the top 10. They suggest the state's strong oil, gas, and technology industries are the reason.
For example, the Northern Colorado Economic Alliance describes the Fort Collins metropolitan area as "nerdy and proud of it." The area has several universities, and 35% of residents hold a bachelor's degree or higher, according to data from the alliance.
The No. 2 city on the list, San Francisco, is known for its abundance of technology companies—and its high rent prices. Earlier in 2017, faculty members at local colleges and universities told the Chronicle of Higher Education they'd been priced out of places to live (Del Giudice, et al., Bloomberg, 10/10).
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