Austin Tops Forbes List of Best-Value Cities
Austin is #1 on the Forbes list of cities where you get the most bang for your buck. Forbe’s used five factors to determine their list. Here are the factors with Austin’s ranking for each:
Job Growth Projections Rank: 1
Inflation Rank: 24
Median House Price/Median Household Income Rank: 8
Median Income/Cost of Living Index Rank: 5
Gas Prices Rank: 9
Not surprisingly, San Antonio follows on the list at #2. Read the full article to see the complete list.
Can Austin bring us out from the economy crisis? Even rescue us from falling into recession? Hope the state can be exceptional while recessing hitting us.
@warren I hope so. So far Texas has held up very well. Hopefully other areas will turn around sooner rather than later.
Dallas Ranked 7 or 8th on that List. We will be moving up . We still have a good market
Glad to see your city made the list!
That’s amazing that the only west coast city that was listed was Portland, OR? Even though Las Vegas wasn’t listed, you can bet Vegas will be making a strong come back over the next few years with the major strip expansion that will be creating over 100K jobs!
I’ll have to come to Austin some day, sounds like not only a great city, but also great value for money.
So that means now I have to seek a place in Austin
Really I agree with the forbes list as they considered the factors which really needed attention
I was in San Antonio a few years ago at a Prudential Conference, it was a beautiful city. Austin is next on my list as I hear it is great too.
I have got to get out to Austin one of these days. I hear it’s an amazing place. That’s cool you made #1 for job growth rate projections. Last year I believe Phoenix was #1 for non agricultural job growth. Who are your primary employers there? I think it’s Walmart in AZ now
@Barry, the university is one of the largest employers and other than that it is mostly tech although we are starting to diversify lately
Must be nice to rank so high. Here in the Metro Detroit area we are probably one of the least desired places to live right now. Ouch! Imagine trying to sell a home out here.
I’ve seen many pictures of Austin on various sites and blogs and looks like a great place to live. Beautiful city with amazing architecture.
Austin is a very beautiful city and keeps growing. It is amazing how much the city has grown in the past 20 years. It seems like every time I see the city it has changed from the last time.
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Yeah Austin is a very nice place. My Wife which posted above is from close to there. She was raised in Temple Texas. Austin is moving her way quickly
Yeah Barry it is the Colleges that are big down there. They are state run
That will help your real estate market. Years ago Forbes ranked Sarasota, Florida as the best small city in the country. That article definitely helped sell some real estate
They need to come to Dallas And Rank it Real High. We need to Sell more Real estate
Congratulations, I love Silicon Valley but I’m fairly sure that my neck of the woods will never be on this list!
Austin is a great place to live. The weather usually cooperates and gives us more blue skies than gray. There are a multitude of outside activities to partake in, and finding a spot to hear some live music is easy. There are several high tech companies, excellent hospitals and schools, and housing is more affordable here than other parts of the country. You can tell that I like it here.
Braxton, I don’t know too much about Austin, but trying to investigate as I work with some investors looking for deals in high growth markets. What type of job opportunity is coming? I heard about expanding businesses. Any big one’s?
Job growth is going to be lower this year in Austin but it will still be ahead of most of the country.
After reading the full article and the comments posted in response to it, it seems that there is no solid agreement as to how good or bad this area is. Austin is a larger town so it’s numbers are going to be higher than other smaller cities, but do these high numbers mean that the city is actually a better place to live?
Beside the history of Austin, I did notice how clean and nice it was there. I was there about 7 years ago for a few days and I enjoyed Austin a lot. I tend to agree with this.
Wow, thats great! I guess the job growth is from the oil/gas industry? I know home prices values have been good.