Employment & HRIndustriesTechnology & Biotech

New study ranks Madison No. 2 among Midwestern tech hubs

CommercialCafe analysis of US Census Bureau, National Center for Education Statistics, United States Patent and Trademark Office and CommercialEdge Data.
In Business Madison
By In Business Madison
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The companies, people and issues shaping business in Madison and the Capital Region.

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

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

Click here to view the full report.

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