Tagged : Ranking

According to a study recently published by Portfolio.com, Austin is one of the top ten cities in terms of the quality of life it offers to its residents. In fact, in a study that took a closer look at 67 metropolitan areas in the United States, Austin was ranked as the 9th best city in the country.

In order to develop this list, 20 different statistical categories were considered. The highest scores were given to those areas with the most well-rounded markets, including those that offered a moderate cost of living, a high-powered educational system, solid housing stocks and healthy economies. Austin scored in many of the indicators that were considered, except for the one that focused on people living in the same area for longer than one year.

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According to a new Portfolio.com/bizjournals study, the Southwest is the place to go for young adults who are looking for a place to work and to settle down. In fact, three of the top ten places identified as the best places for young adults to live are located in the Southwest, with Austin taking the number one position.

Although there are many reasons for young adults to want to live in Austin, there were two main reasons why the city took the top honors. One of these reasons is the fact that Austin actually managed to add 99,200 jobs over the past five years, while two-thirds of the country's major markets actually have fewer jobs now than they had five years ago. With an annual employment growth rate of 2.8%, Austin has enjoyed the fastest growth rate