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Austin Ranks High As IT Hot Spot

A new study released by online salary comparison site PayScale finds that Austin is among the tops in terms of IT hot spots. According to PayScale today, the list--based on the ratio of IT workers at IT Start-up Companies relative to all workers, as well as pay--Austin was number two in the market for IT startups. Austin was only surpassed by San Francisco in the rankings, and beat such locations as Seattle, Boston, and New York City. PayScale found that the Austin area had a IT startup employment ratio of 2.24, and median pay of $67,400 for startup jobs. Dallas was ranked number 13 on the list, with a employment ratio of 0.85 and median pay of $65,400.