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Talent and Industry Facts

Mention Redmond anywhere in the world and there is immediate recognition of the region’s preeminence as a center of software development and innovation. The location and growth of Microsoft since 1980 has created a rich ecosystem of software development, delivery and customization. Redmond has the highest concentration of software programmers in the world. This attracts new firms to the region and supports a vibrant start-up environment. Redmond’s software ecosystem is now a leader in interactive media, smart grid, space exploration and cloud computing.

34,598

Software
Industry Employees

244

Software Industry
Companies in Redmond

Select Wages for Software Occupations

Job Title Hourly Wage Annual Wage Top 10% Wage
Computer & Information Systems Managers $72.29 $150,360
Computer Hardware Engineers $55.83 $116,120 $170,180
Computer Network Architects $52.63 $109,460 $147,770
expand chart
Job Title Hourly Wage Annual Wage Top 10% Wage
Computer Network Support Specialists $34.00 $70,720 $108,330
Computer Programmers $55.54 $115,530 $163,060
Computer Systems Analysts $48.03 $99,190 $140,560
Computer User Support Specialists $29.07 $60,470 $98,380
Information Security Analysts $47.14 $98,060 $124,570
Network and Computer Systems $40.53 $84,300 $118,600
Software & Applications Developers $54.32 $112,990 $152,130
Software & Systems Software Developers $53.44 $111,160 $150,230

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Taxes and Incentives

To increase the competitiveness of Washington as a location for advanced technology and innovation based enterprises, the state has adopted incentives that can significantly reduce a firm’s operating costs. The following is a brief list of those that apply to technology firms.

High Technology B&O Tax Credit for Qualified R&D Expenditures

High-Tech firms in the areas of advanced computing, advanced materials, biotechnology, electric device technology, and environmental technology performing R&D may be exempt from B&O tax on certain expenditures.

Biotechnology & Medical Device Manufacturing Sales & Use Tax Deferral/Waiver

Firms conducting R&D and pilot scale manufacturing in the fields of advanced computing, advanced materials, biotechnology, electric device technology, and environmental technology may qualify to defer or waive taxes on certain construction and equipment purchases.

Reduced B&O Tax Rate for Aerospace Businesses

Companies in advanced computing, advanced materials, biotechnology, electric device technology, and environmental technology may be eligible for a reduced B&O tax rate if engaged in construction and/or equipment purchases.

Sales/Use Tax Exemption for Motion Picture and Video Production Companies on Rental of Production Equipment and Purchase of Production Services

Motion picture and video production companies (including interactive media) may be eligible for a sales/use tax exemption for the rental and/or purchase of production services.

Commercial Real Estate Search

Commercial Real Estate in Redmond is reasonably priced compared to other technology regions. Please use our MLS search tool to find office space that meets your needs. If you don’t find office space, please contact us, as we maintain a private database of options not listed in MLS.

Commercial Real Estate Cost

Per Square Feet Per Year Q3, 2014

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