R O C H E S T E R B I Z . C O M

GET REAL IN GREATERROCHESTERNEW YORK

GETREAL

Looking for top-tier talent, leading-edge innovation, strategic location and a low cost of living? The Greater Rochester, NY region is the real deal, with the resources you need to grow your business.

When it comes to smart, the Greater Rochester, NY region is the real deal, with an unusually large higher-education sector and an abundant, technically sophisticated and reliable workforce. We keep our talent pipeline full, too. With 19 colleges and universities adding 19,500 graduates each year, you’ll always have the smart people you need to grow. And thanks to the region’s low cost of living, you’ll be able to access that world-class talent at competitive rates well below the national average.

3RD

for degrees in STEM programs among large metropolitan areas of 1 million or more residents, including the physical sciences and mathematics

for degrees in engineering and engineering-related fields

for degrees in computing and information sciences

1ST

3RD

5TH

A LEADING TECH EDUCATION AND RESEARCH CENTER EXCEPTIONAL

COLLEGES AND UNIVERSITIES19

GRADUATES PER YEAR

IN THE NATION FOR COLLEGE DEGREES PER CAPITA

19,500

STUDENTS83,750

Source: US Department of Education, 2014; rankings based on per-capita analysis

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“The work we’ve done and the momentum we’ve generated as a business has been possible in large part because of the talent, knowledge and industriousness of our people in Rochester, NY.”

Dave Fall, CEO, Brand Networks

Real smart.

Real innovation starts with a highly skilled and affordable workforce. It’s that talent that fuels our world-class R&D labs and drives sustainable business growth across the region. Our creative innovators are developing everything from cancer-preventing vaccines and next-gen medical imaging systems to high-pressure/low-waste food packaging and multi-directional backup cameras for our cars. It’s brain power with a purpose.

CONCENTRATION OF WORKERS IN HIGH-TECH OCCUPATIONS

ROCHESTER’S COMPETITIVE ADVANTAGEAverage Hourly Wage for High-Tech Workers

COMMERCIAL REAL ESTATE RATES

GROWTH IN MILLENNIAL POPULATION

20% ABOVE THE NATIONAL AVERAGE

42% LOWER THAN THE NATIONAL AVERAGE

UP 10.8% IN BETWEEN 2011-2016, 4.7% BETTER THAN THE NATIONAL AVERAGE

#1 MARKET FOR PATENTS PER 1,000 WORKERSSource: US Patent and Trade Office, 2015

Source: ERI, April 2018

Source: ERI, April 2018 Source: CBRE, 2017

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“From drone research to advanced communications, optronics and image sciences, this region is divining cutting-edge future technologies.”

Dana Mehnert, SVP, Global Business Development Officer, Harris Corporation

Real innovation.

SAN FRANCISCO $56

$51SEATTLE

$50NEW YORK

$58BOSTON

$38ROCHESTER

DISTANCE TO MAJOR NORTHEAST MARKETS

Source: US Census Bureau: 2016 American Community Survey 1-year estimates

Real close.

Real life.

Let’s get down to business.

We’re located within 500 miles of one-third of the US and Canadian populations. That means you get easy access to major markets without the major market costs. And our average real-time commute? 21.6 minutes. That’s five minutes less than the national average. No wonder Kiplinger named Rochester the Best City in the US for Commuters.

INCREDIBLY SHORT COMMUTES. INCREDIBLY CLOSE TO MARKET.

Boston 390 milesCleveland 250 milesNew York 330 milesPhiladelphia 340 milesToronto 150 milesWashington, DC 330 miles

“We have inherited an exceptional quality of life thanks to an impressive cluster of cultural organizations, unparalleled natural resources, and a resilient and welcoming spirit of community.”

David Munson, President, RIT

Great schools, world-class attractions, year-round festivals and cultural events, and a low cost of living. If it’s on your checklist of must-haves, you’ll find it in the Greater Rochester, NY region.

When it comes to the resources you need to grow or expand your business, the Greater Rochester, NY region is the real deal.

GET STARTED AT ROCHESTERBIZ.COM

ONE OF THE 20 BEST PLACES TO LIVE IN THE US FOR QUALITY OF LIFESource: US News & World Report, Spring 2017

ACCESS TO FRESH WATER

UNLIMITED

Source: NAHB Housing Opportunity Index, Q1 2018

MORE AFFORDABLE THAN THE NATIONAL AVERAGE

MEDIAN HOME PRICE: $125,000

49%