The Rise of Silicon Slopes
It’s no secret to residents of Utah that the Beehive State is a fantastic place to live.
Fun fact: Utah is growing so rapidly that corporations and big businesses have now dubbed the entire Provo to Salt Lake City area “Silicon Slopes” due to its amount of tech savvy population, and the extreme rate of growth in businesses and pay rates.
What’s making Utah grow quickly? Well, Utah is home to around 4,300 tech companies, which makes up 9% of the total Utah workforce, and provides an annual payroll of $6.9 billion. That’s billion with a “B”! Here is a few of the bigger Utah-Originating Businesses: Goal Zero, eLearning Brothers, Simplicity Laser, Boostability, Black Diamond, a number of large solar companies, and much, much more. We also have a quadrant of big offices from businesses that didn’t originate from Utah, like Adobe and eBay. In addition, Utah has the nation’s youngest average population. The median age of residents in Utah is 29.6 years old. The entire state is a young, economic power, and it’s quickly rising to the top.
Utah, all in all, is a fantastic place to live, and a great place to work. However, the adventure doesn’t just begin with business and tech, it could also begin in our great mountains. Whether riding in the snow or having fun in the desert, we’re having fun.
