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Author Ties New High-Tech Spots to Locations of 'Smart People'

ATLANTA-Raleigh, NC; Lexington, KY; Wake County, NC and Atlanta are among cities cited in a new book by Joel Kotkin who uses Census 2000 figures to show a strong correlation between a well-educated workforce and the amount of wealth in an area.

By Mark Clothier | Updated on January 02, 2002

ATLANTA-Metropolitan areas with well-educated work forces are those most likely to survive a fluctuating economy, according to a new book by Joel Kotkin. The book, The New Geography: How the Digital Revolution is Reshaping the American Landscape, looks at how the next high-tech hot spots are likely to be found where people with college and advanced degrees live.

Kotkin’s research looks at 2000 Census figures, which show that towns with high percentages of well-educated young people are poised for new or continued growth as centers of wealth and technology. Included in the list are Atlanta, Raleigh, NC, Lexington, KY and Wake County, NC. They are not considered among the high-tech elite, and would likely represent affordable real estate investment opportunities.

“As developers and investors continue to search for the next high-tech ‘hot spots.’ perhaps they need to look first at what the most recent census data is saying about where ‘smart’ people-those with college and advanced degrees-are now concentrated,” Kotkin writes in a recent article on the topic.

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