ThisWeekIn Coworking

Explore TWIC.

Dig into summaries, categories, mentions, brands, and topics.ย Discover patterns over time, between stories, and across the global industry.ย 

Deep Search

Recent Explore searches: coworkingcafe ยท CoworkingCafe ยท What will you find today?

๐Ÿ’ก Insights on Income, Education & More for American remote workers
CoworkingMag just published a report focusing onย an in-depth look at the demographics, education, Expand ๐Ÿ‘‡ incomes and other relevant characteristics shaping the U.S. remote workforce.
A few highlights include that by the end of 2022, over 15% of the total workers aged 16+ were working fully remote or in a hybrid setup (representing more than 24M Americans). The largest concentration were in the Western US with 17.4% of workers being telecomuters, followed closely by Northeast and South regions with 16% and 15%.
Demographically, more than 51.4% of teleworkers are female and Millennials made up almost 39%. 61% of remote workers have a bachelor’s degree or above, while 24% have an associate’s degree or some college experience.
With a median income of $70,000 per year among all U.S. teleworkers, 46% of them earn $75,000 or more annually. Furthermore, 12% and 11% earn between $50,000 – $64,999 and $35,000 – $49,999, respectively. 27% of the country’s remote workforce is employed by the professional, scientific, managerial and administrative services industry, followed by sectors providing social services, health care and education, which account for 16.2% of the total share of remote workers.
๐Ÿ’ฌ Discuss this.
๐Ÿ—ž Week 15, 2024
๐Ÿ”— Direct Link
๐Ÿ“ˆ Data
โฑ 2 days ago.
๐Ÿ‡บ๐Ÿ‡ธ Americaโ€™s CBDs and coworking
CoworkingCafe researchers revisited last yearโ€™s analysis on the US central business districts (CBDs) Expand ๐Ÿ‘‡ with the most coworking spaces.
Despite top CBDs seeing contractions in supply, the podium remained unchanged with NYC in the lead with 161 spaces, albeit with 17 less spaces across Midtown and FiDi since 2023. Chicago came in second with 55 spaces in and around the loop (representing more than half of the city’s spaces), and Washington DC came in third with 54.
Half of all U.S. downtown coworking spaces (370 of the roughly 720 centrally located flex spaces) were concentrated in eight major CBDs this year, while in 2023 half of the national CBD inventory was concentrated in just five business districts.
The local supply-demand balance drew some interesting patterns on the maps of Las Vegas, NV, San Antonio, TX and Atlanta, GA – who all stood out for their low concentration of coworking spaces within their CBDs โ€“ less than 9% of their total coworking inventories.
๐Ÿ’ฌ Discuss this.
๐Ÿ—ž Week 13, 2024
๐Ÿ”— Direct Link
๐Ÿ“ˆ Data
โฑ 15 days ago.
๐Ÿ‡บ๐Ÿ‡ธ 2024โ€™s top coworking US metros (so far)
CoworkingCafe’s most recent analysis delves into the top U.S. metros for coworking spaces. Expand ๐Ÿ‘‡ Researchers leveraged proprietary data from February 2024 and divided rankings into three population brackets: large, mid-sized and small metros.
In the large bracket, NY has the highest no. of coworking spaces in the US with 606, followed by LA Metroplitan Statistical Area (MSA) with 357, and Miami with 272. Looking at mid-sized metros Salt Lake City, UT led the pack with 38 spaces, followed by Bridgeport, CT with 35 spaces, and Albany, NY with 29. In the small metros category, Boulder, CO stands out with 25 coworking spaces. Asheville, NC and Trenton, NJ share the second spot with 13 spaces each.
Interestingly, looking at the state level, California is the top state for coworking spaces, with 864 locations, followed by Texas with 627, and New York with 532.
๐Ÿ’ฌ Discuss this.
๐Ÿ—ž Week 12, 2024
๐Ÿ”— Direct Link
๐Ÿ“ˆ Data
โฑ 22 days ago.
๐Ÿงฎ US most and least expensive coworking metros
How much does it cost to cowork in 2024? In CoworkingCafe’s latest analysis, researchers highlighted Expand ๐Ÿ‘‡ the U.S. metro areas with the highest and lowest pricing for the most popular coworking subscription types. (All prices below are medians and $ per month)
For open workspaces – Albany (NY) and Santa Maria (CA) are the most expensive at $250. NYC (NY) comes in second at $239. On the flipside, Boise (ID) is the most affordable at $93, followed by Wichita (KS) at $97 and Greenville (SC) at $110.
_For dedicated desks – Santa Maria (CA) once again tops the chart at $500. San Francisco (CA) follows at $429 and NYC at $425. Indianapolis (IN) offers the most affordable options at $209, followed by Ann Arbor (MI) and Hartford (CT) at $219 and $245. _
For virtual offices – Trenton (NJ) is the most expensive at $215, with Boise (ID) coming in second at $209. Four metros come in after them at $205, including Chicago (IL) and Lexington (KY). The most affordable VO metros are Rochester (NY) at $50, Deltona (FL) at $60 and St Louis (MO) at $62.
๐Ÿ’ฌ Discuss this.
๐Ÿ—ž Week 07, 2024
๐Ÿ”— Direct Link
๐Ÿ“ˆ Data
โฑ 57 days ago.
๐Ÿ“‘ Supply on rise, prices drop and HQ joins biggest operator list
Researchers at CoworkingCafe leveraged their most recent proprietary data (from December) to break Expand ๐Ÿ‘‡ down the stock availability in the 25 largest markets, their size and distribution, as well as the leading coworking operators. They also compared the most recent numbers to those registered in the third quarter of 2023 to determine the evolution of coworking throughout the US.
In short: Average Virtual Office pricing came down to $119 from $125. Open workspaces remained steady at median of $149, dedicated desks came down to $322 from $329.
The number of US spaces (on their platforms) went up 1.28% to 6,251 from 6,172 in Q3. LA surpassed Manhattan on number of locations (268 and 267 respectfully), whilst New Jersey saw the biggest increase of 9% from 137 to 150 in Q4.
Total squarefootage increased by 3% to 120.85M sqft. Premier Workspace was surpassed by HQ in the list of the largest 5 operators, by location size amongst top 25 US markets.
๐Ÿ’ฌ Discuss this.
๐Ÿ—ž Week 04, 2024
๐Ÿ”— Direct Link
๐Ÿ“ˆ Data
โฑ 78 days ago.

ย 

The public version of TWIC Explore is now limited to at most 5 results.

To explore trends across all 2,000+ shared links and summaries please consider an Annual TWIC Subscription.

Let's dive deeper.

Fill out the form below, and I will be in touch shortly.

Contact Information
Company Information

Request Extended Access

Fill out the form below, and I’ll get you set up.