The state experienced a nearly 5 percent growth in technology industry employment last year
CompTIA, a leading technology association, recently released a nationwide study outlining data on the tech industry’s growth and 2016 statistics.
According to the study, the industry grew an estimated 4.9 percent in 2016 as employers added roughly 10,600 new jobs. Washington is home to some 13,362 tech businesses, with 9,200 of those located in the Seattle area. The state ranks second in the nation for average tech industry wages, with workers earning an average of $134,800 annually in 2016. And the tech sector accounts for about 13.2 percent of the state’s economy.
“The Cyberstates data affirms the strength and vitality of Washington’s tech industry, and attests to its essential standing in the economy,” said CompTIA president and CEO Todd Thibodeaux said in a press release. “Technology enables innovation and generates growth for companies, regardless of their size, locale or markets served.”
Industry statistics for the Seattle-Tacoma-Bellevue-area:
- 6 percent of total employment is in the tech industry
- $145,457 is the average annual wage in the tech industry
- 9 percent was the tech industry employment growth from 2015 to 2016
- 55,100 jobs in the (packaged) software sector led the industry sectors in 2016
- 5 percent was the highest year-over-year growth and was in the internet services sector
- 8 percent was the estimated contribution of the tech sector to the Seattle economy