Taken like that, Olympia could be a bedroom community for....Tacoma. Not sure about tech jobs there, though. There are state government jobs in Olympia, so if you are a lawyer...
There is some "trickle" effect for tech jobs slowly making their way south (I see regular postings for Tukwilla, Renton and even Federal Way development jobs), and some in Tacoma, but my experience is they tend to hold onto that 50-60+ hours a week work ethic, but only pay 35-45k. No thanks.