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Tech city
Migration patterns continue to shift as homebuyers seek properties in reasonable proximity to work at a price they can afford.

In the digital mortgage era, those looking to live at the heart of the technology world could seek out cities like San Francisco or Seattle, but may find such housing markets to be outside of their budgets, according to a joint study by Redfin and LinkedIn.

A number of emerging tech hubs could be great alternatives for those in the digital world.

While in tech centers like the aforementioned San Francisco, the average monthly mortgage payment is a hefty $6,637, in other up-and-coming digital hubs, that figure doesn't even crack the $1,000 mark.

With that in mind, here's a look at five rising tech hubs that digital mortgage professionals can afford to call home.

The data derived by Redfin (in conjunction with LinkedIn) ranks emerging technology centers by cheapest monthly mortgage payment for a median-priced home. For perspective, it includes information on a software engineer's salary to better understand how affordability and job availability measure up for local technology professionals.
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No. 5 Colorado Springs, Colo.
Monthly housing payment for median home: $1,496
Median home sales price: $320,000
Share of software engineer's income needed to afford median house: 20.6%
YoY job growth for software engineer: 3.4%
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No. 4 Charlotte, N.C.
Monthly housing payment for median home: $1,257
Median home sales price: $269,000
Share of software engineer's income needed to afford median house: 18.9%
YoY job growth for software engineer: 4.1%
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No. 3 Columbus, Ohio
Monthly housing payment for median home: $1,070
Median home sales price: $229,000
Share of software engineer's income needed to afford median house: 16.8%
YoY job growth for software engineer: 3.1%
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No. 2 Grand Rapids, Mich.
Monthly housing payment for median home: $1,014
Median home sales price: $217,000
Share of software engineer's income needed to afford median house: 17.4%
YoY job growth for software engineer: 3.7%
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No. 1 Buffalo, N.Y.
Monthly housing payment for median home: $795
Median home sales price: $170,000
Share of software engineer's income needed to afford median house: 13.3%
YoY job growth for software engineer: 4.1%