We are becoming an increasingly mobile society – especially when it comes to our jobs and businesses. Whereas we once lived and worked in the very same communities we were born, nowadays Americans may move a dozen times throughout their lifetimes in the pursuit of a successful career. But where to go? Well you’re in luck. After doing a little digging, we ranked the top 20 best cities in the United States economically. Specifically, you will find these cities ranked by things like cost of living, jobless rates, income growth, and quality of life all with the goal of finding out which is the best city in America to do business and build a career.
Coming in at number 20 on our list of best places to do business is Greeley, Colorado. Located just an hour north of Denver, CO, this city of just over 250,000 people boasts a GDP of $10 billion dollars, projected annual economic growth of 3.8% this year (the second fastest on this list) and a low cost of living.
Long known as a mecca of all things cool in the Lone Star State, coming in at number 19 on our list is Austin, TX. With a population of 1.9 million Austin also functions as Texas’ State Capital. Why go into business in Austin? It happens to have the fastest annual economic growth rate of any city in the U.S., coming in at 5.2% when last estimated.
Coming in at number 18 on our list is San Francisco, perhaps one of the best educated cities in the country. Over 50% of San Francisco’s population has a college degree and that, coupled with easy access to Silicon Valley and the rest of California, makes San Francisco a great place to do business.
You might not think of heading to Minnesota when looking to do business, but you’d be dead wrong. Coming in at number 17 on our list is Minneapolis-St. Paul, thanks in part to the fact that it happens to be the home to major corporations like 3M, General Mills, and mega-retailer Target.