The New York metro area now boasts 394,300 tech jobs, surpassing the San Francisco Bay Area's 375,730, according to a report from CBRE. This growth, which saw an increase of over 30,000 tech employees in New York from 2022 to 2025, contrasts sharply with a decline of nearly 24,000 in San Francisco.
Notably, only 35% of tech workers in New York are employed by tech companies, while 64% work in non-tech sectors such as finance and media. This trend indicates that traditional industries are increasingly integrating technology into their operations, particularly with the rise of artificial intelligence.
Companies like OpenAI and Anthropic are expanding their presence in the city, further solidifying New York's status as a tech hub. However, the influx of high-earning tech workers raises concerns about the affordability crisis in the city, as even those earning six figures face challenges due to the high cost of living.
Julie Samuels of Tech:NYC emphasizes the need for the growing tech sector to benefit all New Yorkers, not just those within the industry