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Houston named 4th best metro for women in tech by a new study

Houston has been deemed the fourth best city for women in technology, according to a SmartAsset report. Christina Morillo/Pexels

If you're a woman in the technology industry here in Houston, you're in the right place. Houston was recognized as the 4th best city in the United States for women in technology jobs, according to a report from SmartAsset.

The study took into consideration four key factors; gender pay gap, income after housing, and percentage of tech jobs filled by women were all double weighted, while four-year employment growth was factored in. Using data from the U.S. Census, SmartAsset only looked at cities with populations of 200,000 residents or more that had reliable data, which left the study with 58 cities across the country.

Houston's tech pay is what stood out for the city. The average female tech worker in the Bayou City has $60,600 left from her salary after paying for a home, and Houston ranks eighth overall in this metric. With a ratio of 99 percent, Houston's wage gap when it comes to tech jobs ranked the city No. 3 for smallest wage gap. However, at 26 percent, Houston has a somewhat low percentage of women in tech positions.

No other Texas cities appeared on the list, though it's unclear if they were among the 58 cities evaluated as a part of the study. Washington D.C., Baltimore, and Philadelphia ranked ahead of Houston. California's major tech players — such as San Francisco, San Jose and Oakland — all ranked in the middle of the pack or worse.

The studied compared the cities against the national average. The full list of the top 15 cities, seen below, all ranked higher than the national average, based on the study's index.

This isn't the first time this year that Texas has been recognized as a good place for women in business. In January, a study found that the Lone Star State was No. 1 for female entrepreneurs. However, when it comes to STEM jobs, another report found Houston to be less desirable of a metro. But, as the SmartAsset study found, affordability is important, and Houston was deemed one of the most affordable cities to live in this year.

Via SmartAsset

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Building Houston

 
 

Capital Factory's Houston HQ will be in The Ion. Photo courtesy of The Ion

A company that supports entrepreneurship and startups across the Lone Star State with mentorship and funding has announced its new homebase in Houston.

Capital Factory has revealed a new programming partnership with The Ion. Through the collaboration, Capital Factory will host programming, events, and resources within the innovation hub to grow, educate, and support Houston-based startups and entrepreneurs.

"Capital Factory's presence at The Ion will further expand the opportunities for startups and innovators in the Houston region, while strengthening an important pillar of the Texas Startup Manifesto," says Joshua Baer, founder and CEO of Capital Factory, in a news release.

Capital Factory was founded in Austin in 2009 and boosts on being the most active investor in Texas, deploying smaller investments to a multitude of early-stage startups. According to Crunchbase's data, the entity has invested in over 160 companies with 20 exits. Capital Factory officially entered the Houston market in 2019 and doubled down its presence last year when it merged with Station Houston.

Now, with its Houston headquarters moving into The Ion, the two innovation partners will take an inclusive approach to creating connections between innovators, mentors, investors, and markets, per the release.

"We are thrilled to have Capital Factory as a programming partner at The Ion" says Jan E. Odegard, executive director of The Ion, in the release. "The Ion seeks to work with key partners and established brands to help build a rich and inclusive set of startup services that can support all innovators and startups wherever they are in their entrepreneurial journey. Capital Factory brings a proven track record for providing entrepreneurs with services and investments that brings great value not only to The Ion ecosystem, but also to the entire Houston innovation ecosystem."

Capital Factory's first event at The Ion will be Open Coffee on November 16th followed by Open Coworking all day, Baer adds in his statement.

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