, named for its location Down Under the Manhattan Bridge Overpass, is a neighborhood in Brooklyn that has been a rapidly growing hub for startups and creative industries in recent years. As of 2023, the Dumbo job market has been flourishing, with a diverse range of opportunities available in the technology, marketing, and design fields, among others. With companies like Etsy, WeWork, and Huge having offices in the area, it is no surprise that Dumbo has become desirable for job seekers.
If you’re interested in calling Dumbo home, use this guide to explore job market insights and an analysis of the top industries in the area, plus key tips for navigating the job hunt.
The Dumbo economy has been experiencing a period of growth, with a strong focus on the tech and creative industries. In 2023, the neighborhood continues attracting startups and established companies, thanks to its vibrant community, proximity to Manhattan, and access to top talent.
One recent change in the Dumbo economy has been the increased investment in the area's infrastructure. The completion of the Brooklyn-Queens Expressway (BQE) repairs
, as well as the opening of the Brooklyn Navy Yard Ferry Terminal, have made it easier for commuters to travel to and from Dumbo, contributing to an influx of workers from other parts of New York City, which has further bolstered the local economy.
The tech industry has also been a driver of growth in Dumbo, with many startups
and established companies choosing to set up shop in the area. This has led to increased demand for workers with software development, data analysis, and digital marketing skills. At the same time, the creative industries, including advertising, design, and media production, continue to thrive in Dumbo, providing a range of job opportunities for artists and writers.
Overall, the Dumbo economy is in a healthy state, with a diverse range of industries and job opportunities. While there are challenges to be faced, such as rising rents and increased competition for talent, for job seekers and entrepreneurs alike, Dumbo presents a wealth of opportunities for growth and success.
Top industries and job sectors
As we said before, the tech sector is one of the fastest-growing in Dumbo, with job opportunities for professionals in software development, data analysis, artificial intelligence, and engineering. Salaries in the technology sector are generally higher than in other industries, with the average base salary for a software engineer starting at $130,000
Dumbo is home to many companies in the creative industry, including advertising, design, and media production teams. These industries are perfect for professionals with graphic design and copywriting experience, or those who are involved with video production and photography. Salaries in the creative industries vary depending on the role and level of experience, with entry-level graphic design positions paying around $22 per hour
Other top industries in Dumbo include the financial and hospitality industries. The financial services sector has many openings in investment management, accounting, and consulting services. Meanwhile, hospitality will be well-suited for professionals hoping to work within restaurants, hotels, and event planning companies.
Job market outlook
It’s anticipated that the Dumbo job market will remain strong in the coming years. As national job growth continues to increase
, areas like Dumbo, which have a variety of industries fueling its economy, are expected to do well. With so many growing companies in the technology and creative fields, Dumbo has a high demand for skilled workers that will keep residents employed and thriving. What’s more, as technology continues to play an increasingly important role in business and daily life, the demand for tech workers is expected to continue growing.
Another area of job growth in Dumbo could come from the healthcare industry. With an aging population and increased demand for healthcare services, more healthcare professionals are expected to be needed in the coming years. This could create new job opportunities for nurses, doctors, and healthcare administrators in Dumbo.
Job search tips
If you're searching for a job in Dumbo, there are a number of tips and strategies you can use to make the process more effective. First, since Dumbo has a vibrant business community, one of the best ways to find job opportunities is to network with professionals in your field. Attending local networking events, joining industry associations, and using social media to connect with other professionals in your field is a great first step toward plugging into the community.
You’ll also want to take the time to research top companies in the neighborhood and their hiring practices. Follow their social media accounts and careers pages to stay up-to-date on new job openings, or visit websites like Glassdoor, Indeed, and LinkedIn regularly for updates on new positions.
When applying for jobs in Dumbo, you’ll want to tailor your resume and cover letter to each job you're applying for, highlighting your relevant skills and experience to ensure your application materials stand out. Many companies in Dumbo also use temporary or contract workers for short-term projects. You may want to consider taking on this type of work to gain experience and make connections when you first arrive.
Relocate to beautiful NYC
Understanding the job market is crucial for anyone relocating to Dumbo. With its diverse range of industries and top employers, the neighborhood offers many opportunities for career growth. If you’re considering a move to Dumbo, work with real estate agent Martin Eiden
Highly experienced and knowledgeable about the local luxury real estate market, Martin can help you find a home in Dumbo that suits your needs and budget. With their assistance, you can take advantage of the booming Dumbo job market and enjoy all the benefits of living in this vibrant neighborhood. So, take the first step towards your dream home and career today by contacting Martin Eiden
*Header photo courtesy of Unsplash