Two North Carolina Cities Make the Top 15 for Jobs, Salaries, and Business

CNBC reports:

Though housing is scarce and wages are stagnant across the country, a lot of American cities are booming: They offer job opportunities, thriving businesses and an abundance of places to live.

Personal finance site MagnifyMoney identified America’s biggest “boomtowns” by analyzing how the 100 largest metro areas in the country changed over a five-year period (between 2011 and 2016) across three categories: population and housing; workforce and earnings; and business growth. Cities could earn a possible score of 100 in each category, which were then averaged together for the final ranking. You can read the full methodology here

The survey took into account factors such as total number of available housing units, unemployment rate, median earnings for workers, number of business establishments and number of employees paid per pay period to determine which metro areas aren’t just rapidly expanding but actually sustaining healthy growth over time.

Below, check out the top 15 attractive U.S. cities where jobs are plentiful, salaries are rising and business is good.

Here are the top 15 according to the survey:

1. Austin, Texas

Population and housing score: 100
Workforce and earnings score: 70.3
Business growth score: 93

2. Provo, Utah

Population and housing score: 79.9
Workforce and earnings score: 52.2
Business growth score: 95.1

3. Raleigh, North Carolina

Population and housing score: 84.1
Workforce and earnings score: 48.3
Business growth score:70.8

4. Charleston, South Carolina

Population and housing score: 66.9
Workforce and earnings score: 60.6
Business growth score: 71.7

5. Nashville, Tennessee

Population and housing score: 54.5
Workforce and earnings score: 54.6
Business growth score: 72.9

6. Denver, Colorado

Population and housing score: 52.2
Workforce and earnings score: 58.3
Business growth score: 65.3

7. Dallas, Texas

Population and housing score: 61.4
Workforce and earnings score: 48.7
Business growth score: 64.4

8. Boise, Idaho

Population and housing score: 53.2
Workforce and earnings score: 47.8
Business growth score: 67

9. San Antonio, Texas
Population and housing score: 57.2
Workforce and earnings score: 45.4
Business growth score: 64.5
10. McAllen, Texas

Population and housing score: 60.3
Workforce and earnings score: 62.2
Business growth score: 44.3

11. Houston, Texas

Population and housing score: 77.7
Workforce and earnings score: 41.9
Business growth score: 43.9

12. Ogden, Utah

Population and housing score: 51.2
Workforce and earnings score: 46.8
Business growth score: 63.3

13. Charlotte, North Carolina

Population and housing score: 55.7
Workforce and earnings score: 39.8
Business growth score: 64.2

14. Orlando, Florida

Population and housing score: 55.7
Workforce and earnings score: 39.8
Business growth score: 64.2

15. Des Moines, Iowa

Population and housing score: 59.7
Workforce and earnings score: 42.8
Business growth score: 52.5

Five of the top 15 cities are in Texas. North Carolina and Utah are the only states with 2 cities on the list.

Jon Guze / Director of Legal Studies

Jon Guze is the Director of Legal Studies at the John Locke Foundation. Before joining the John Locke Foundation, Jon practiced law in Durham, North Carolina for over twent...

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