A new report from the Information Technology Industry Council paints a detailed picture of the importance of the high-tech industry in the U.S., including Washington state which is home to Microsoft, Amazon, T-Mobile and thousands of startup companies.
“The data make clear that technological innovation is woven through the entire U.S. economy—including every congressional district,” according to the report which measures states and districts on 34 economic indicators.
Washington state ranks at the top of the list in several categories, including IT services exports. In fact, a whopping 57% of all services exports are related to technology — nearly twice as much as the second place and third place finishers of Massachusetts and Oregon, which showed a roughly 28% share.
Washington state also ranked fifth in terms of technology workers as a share of the overall workforce at 13.2%, behind the District of Columbia (23.3%), Virginia (17.4%), Maryland (15.2%) and Massachusetts (14.2%). California was sixth at 13.1%.
Washington state also ranked fourth in terms of average high-tech wages, coming in at $131,830. The District of Columbia, California and Massachusetts ranked ahead of Washington state in average high-tech wages. The report showed that 25.8% of wages in Washington state were tied to technology jobs.
A weak spot? High-tech manufacturing, an area where Washington state ranked in the bottom half and speaks to the state’s long-term strength in software development.
The report also looked at public R&D funding (Washington ranked No. 11); computer and math workers (Washington ranked No. 6); and STEM workers as a percentage of total workforce (Washington ranked No. 5).
It also analyzed the state’s startup market, ranking it 12th with 5,044 startups. It ranked sixth in startup density, with 18.2 startups per 10,000 workers.
But the share of startup workers compared to the overall tech workforce in Washington state is low. The study found that of tech workers in Washington state just 9.4% work at startups. Washington ranked No. 34 in that category just behind Louisiana.
That’s due to the number of tech workers in Washington state at giant companies like Amazon, Microsoft, Expedia and T-Mobile.
Overall, 1.2% of workers in Washington state are employed at high-tech startups — ranked No. 10 nationally.
Here’s a look at Washington state’s high-tech makeup across many of the categories, and how it compares to the U.S.