House Prices and Tech

POST_TechHousing.png

The bar chart on the left displays the number of technology related jobs per 1000 jobs for select cities. The bar chart on the right displays the median house price for the same cities on the left. What jumps out from this comparison is how expensive house prices are in the Bay Area compared with other tech centers around the country. Despite having roughly the same number of tech related jobs (7.9% and 7.6%) home prices in San Francisco are more than two and a half times more expensive than homes in Seattle (1.2 million compared with 430k). Another finding is that even if cities have a higher fraction of their laborforce working in tech jobs, most cities in this sample do not have home prices far above the US Average.

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