New York Local Bootcamp Market Study 2020

 

The New York City area has long been a hub for technology in the US. In fact, due to the large tech sector in the area, the city has even been given its own Silicon Valley-inspired name: Silicon Alley. The New York City area is home to hundreds of top technology companies.

 

In December 2018, Google announced a major expansion that would double its New York City workforce in the next decade. But it’s not just big tech companies that have flocked to the city over the years: there are thousands of tech startups in the area that are regularly attracting venture capital. In fact, the New York City area often ranks close behind the Bay Area in venture capital financing.

 

CBRE’s Scoring Tech Talent report, which ranks 50 US and Canadian local job markets on their ability to attract tech talent to work in their local tech sectors, positioned the New York City area as the fifth-fastest-growing job market in 2019. The report found that the total pool of tech talent in the New York City area in 2019 was 264,374 workers.

 

The strong job market in the New York City area for technology workers has resulted in a growth in demand for high quality training programs that can support local workers in breaking into these technical jobs. In the New York City area, coding bootcamps have emerged as a popular workforce training solution. Today, the city is home to over a dozen local and national coding bootcamps that serve the technical training needs of its residents.

 

The BootcampsNewYorkCity team gathered information from Glassdoor and LinkedIn to analyze the strength of the tech job market and coding bootcamp market in the New York City area. We discuss coding bootcamp alumni numbers, some of the companies that hire coding bootcamp grads, information about various tech jobs in the area, and more. 

 

Our study analyzes data on 20 bootcamps serving New York City and surrounding areas. The schools we studied for this report are:

 

 

If you’re looking to find out more about the New York City area coding bootcamp market and tech job ecosystem, this is the report for you.

 

New York City Coding Bootcamp Market Size

 

New York City Coding Bootcamp Market Size

 

Our analysis of 20 coding bootcamps based in the New York City area found that these schools educated a total of 4,283 students in 2019. Our study includes in-person coding bootcamps, online coding bootcamps, and enterprise training programs.

 

New York City Coding Bootcamp Tuition

 

The tuition charged by the New York City area coding bootcamps included in this study in 2019 ranged from $0 for non-profit programs to $21,000 for Galvanize’s full-stack web development program. The median tuition is $15,750.

 

The New York City area coding bootcamp courses that we looked at in this study last between 6 and 45 weeks, with a median length of 12 weeks.

 

Based on our analysis of 4,283 students who attended in 2019 one of the in-person coding bootcamps included in our study, we estimate that tuition revenue in 2019 for these schools was $67,457,250.

 

We calculated this number by multiplying the median tuition for New York City area coding bootcamps in 2019 by the number of people who attended a coding bootcamp in 2019. Our estimated revenue statistic excludes scholarships and accounts for only in-person, full-time coding bootcamp programs. Our statistic includes all students who attended a coding bootcamp, irrespective of whether they graduated.

 

Six New York City area-based coding bootcamps offered students the option to pay tuition via an income share agreement in 2019. These are: Byte Academy, Pursuit, General Assembly, Hack Reactor, Galvanize, and Flatiron School.

 

Top New York City Employers for Bootcamp Graduates

 

Top New York City Employers for Bootcamp Graduates

 

Coding bootcamp graduates in the New York City area have a vast number of companies for which they can apply to work. Massive companies such as LG, Slack, Facebook, Twitter, Salesforce, Samsung, and IBM all have offices in the area. In addition, the New York City area is home to smaller companies, such as Skillshare, Greenhouse, and Asana, all of which are on a high-growth trajectory.

 

We used data from LinkedIn to find out more about a number of companies that have hired graduates from New York City area bootcamps. We filtered out the data to focus only on people who attended a New York City area coding bootcamp in 2019, reported an employer, and were based in the New York City area at the end of 2019. 

 

The following are 10 companies that have hired the most New York City area coding bootcamp graduates, according to our analysis of data from LinkedIn:

 

  • Google
  • American Express
  • Bloomberg
  • Cognizant
  • JP Morgan Chase & Co.
  • Microsoft
  • WeWork
  • IBM
  • The New York Times Company
  • Morgan Stanley

 

We suspect that most coding bootcamp graduates would dream of working at companies of this caliber.

 

Tech Job Market in New York City

 

Tech Job Market in New York City

 

The New York City area is one of the most expensive US regions to live in, but salaries offered to tech workers more than make up for the higher cost of living. Whether you’re an iOS developer or a data scientist, if you find the right company, you’ll have no trouble earning a salary that accounts for the cost of living in the New York City area.

 

According to Glassdoor, here are the average annual salaries for five technology jobs in the New York City area:

 

 

As you can see, New York City technology workers command impressive salaries.

 

New York City Tech Job Sectors

 

It’s not just the high salaries that make New York City an attractive place to start a career in tech. Every major tech field has a number of job opportunities there for skilled bootcamp graduates.

 

Here are the number of positions open in five New York City area tech fields, according to data data from Glassdoor:

 

 

These numbers show the high demand present for many technical workers in the New York City area.

 

New York City Bootcamp Graduate Skills

 

New York City Bootcamp Graduate Skills

 

Bootcamps aim to train students in skills that will help them thrive in the modern job market. We conducted an analysis of skills reported by New York City area coding bootcamp students and graduates.

 

Using data from LinkedIn—this data included the skills that coding bootcamp graduates claimed to have, as self-identified on their profiles—we determined the most commonly-reported technical, bootcamp-related skills of coding bootcamp students and graduates in the New York City area. All of the top five most commonly-reported skills were in web development. This is no surprise given the strong demand for web developers in the city.

 

2,481bootcamp students and graduates claimed expertise in JavaScript, a core technology for web developers.2.046 students and grads reported being skilled in Node.js, which is commonly used in web development. In addition, 2,013 students and grads reported knowing how to code in CSS, another one of the “core three” web technologies (alongside HTML and JavaScript).

 

Here are the technical skills that New York City area coding bootcamp students and graduates most commonly self-reported on their LinkedIn profiles:

 

Skill NameStudents and Graduates
JavaScript2,481
Node.js2,046
Cascading Style Sheets (CSS)2,013
React.js2,002
SQL1,936
Express.js1,785
Redux.js1,437
Git1,411
HTML1,400
PostgreSQL1,325

 

This data demonstrates the diversity of skills taught at New York City area coding bootcamps.

 

Conclusion

 

New York City is one of the most spectacular cities in the world. From its excellent restaurant culture to its many public parks, such as Battery Park and Central Park, it’s clear that New York is a great place to be. In addition, the city has a strong technical ecosystem that offers its tech workers both high salaries and good job mobility, given the high demand for coders and other tech workers there.

 

That’s not all! The New York City area is also home to a vast range of coding bootcamps—from international schools like General Assembly to local schools like NYC Data Science Academy. Many of these bootcamps have a reputation for placing their graduates at top New York City area companies.

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