NEW YORK
MARKET OVERVIEW
New York
Move over, Silicon Valley. New York's tech scene is heating up. With Spotify, Salesforce and Alphabet all expanding their presence in the Big Apple, it's an exciting time to be working in technology.
According to Endeavor Insight, New York City has become the largest truly urban center for tech companies and the second-largest tech hub in the world. Tech companies led by local entrepreneurs directly employ 53,000 people, over 1% of New York City’s workforce. CBRE has ranked New York city as the fifth-best market for tech talent in North America, with second-largest pool of workers employed in tech at 264,374.
This growth has lead to what has been described as a "talent cluster" - with like-minded creatives living in close proximity together. At Talent we specialize in the Digital sector from Creative through Data, Product and Engineering supplying opportunity at all levels. Demand is high and the variety of work is compelling.
Our team is also working with a growing number of Digital Health and Life Sciences professionals, with the Biotech industry growing rapidly across the North East. The latest salary figures for these roles are below.
TALENT INSIGHTS
New York
TECH TALENT
338,469 technology professionals, with an average tenure of 1.7 years.
FASTEST HIRING JOBS
UX / UI, Product Design,
Product Management, Data
science, Web Engineer
IN-DEMAND SKILLS
User experience (UX), machine learning, program management, SQL
IN-DEMAND BENEFITS
Flexible Working Conditions, Central Location, Culture Fit, Career Progression
TOP TECH EMPLOYERS
Google, Pzifer, JPMorgan Chase & Co. Citi, IBM, Morgan Stanley
GENDER IDENTITY*
59% Male
41% Female
*The information in this site has been retrieved from sources with gender binary data. We acknowledge those who do not fit within this rigid framework and understand there are many more gender identities beyond the binary.
LIVING IN THE CITY
New York
Considering taking a bite out of the Big Apple? New York is the greatest cultural hub in America. Each year millions of young professionals move to the city drawn by the promise of an exciting fast-paced life and the chance to chase the American dream. But, while you can grab a slice of pizza for 99 cents, living and renting in NYC is expensive - rents are high and budgets are tight. Here are some of the key numbers to consider:
All prices quoted are in local currency.
Average cost of a coffee
$4.53
Average commute
43 mins
Average cost of renting a 1 bed in the city
$3110/month
Average gym membership per month
$73
SALARY DATA
New York
Permanent roles are annual salaries and contract rates are hourly. All data is in local currency.
Digital & tech roles
Life sciences roles
Want to see if you can make it in the 'Big Apple'? Find your next opportunity in New York here
EXPLORE THE DATA
Explore
02 / ANZ
It's a good time to be working in technology in Australia and New Zealand, with demand high across most sectors. We break down each major city in detail.
02 / ANZ
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01 / NORTH AMERICA
Talent’s growing US operation is focused specifically on the life sciences sector in San Francisco, and digital and tech in New York. Explore each city to find out our latest insights from these rapidly growing spaces.
01 / USA
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03 / UK
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Germany is a European powerhouse. Explore how the nation's capital is rapidly becoming a mecca for European startups and discover what new tech on the rise in Düsseldorf.