New study ranks Madison No. 2 among Midwestern tech hubs

A new study from CommercialCafe ranked Madison No. 2 among Midwestern tech hubs. The study used 15 key indicators across three categories, including employment, business environment and education.

Key findings included:

• Madison topped the ranking in terms of its STEM employment density (10,554 per 100,000 residents) and placed third for its share of STEM degree holders (54.5%);

• The city had the third-highest share of STEM establishments on the list (6%) and the highest square footage of research and development and life sciences offices (2.2 million square feet); and

• The hub ranked second for its graduation rate (88.2%) and fourth for its number of vocational STEM awards (1,298).

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RSK: That`s more like the Madison I have come to know and love most of the time. This means an influx of high tech workers which means more housing and more CRE needed.