Tech Growth in Lincoln
Bloomberg featured Lincoln today as an emerging tech hub in the midwest. Strong salaries, low cost of living, and reasonable real estate prices are major contributors to the growth:
High prices on the West Coast are making it easier for the fresh crop of computer-science graduates and other techies to choose heartland hubs that are growing, in part, because putting down roots there doesn’t require a small fortune.
You don’t have to search long to find evidence of serious growth in Lincoln.
The tech echo-boom is already starting to hipsterize Nebraska’s capital city. The downtown now has three sushi restaurants, a speakeasy serving $12 cocktails and dozens of startups filling once-abandoned warehouses. New workers are pushing up real estate values. Home prices are up almost 14 percent since 2012 and apartment rents have risen 38 percent.
It’s an exciting time to call Lincoln home—even if you don’t care for sushi.