We know that San Francisco and the rest of the area around California's Silicon Valley is an excellent place to live. But with that excellence (and the abundance of tech jobs) comes extremely high housing prices. What's a young professional -- or anyone with an average-sized bank account but a huge set of working skills -- to do?
Meet Portland.
Getty Images
Sure, you already know Portland as the "hipster" capital on your travel bucket list. But the city is quickly booming into a viable tech hub that could soon give the best of 'em a run for their money, according to a new report from the Milken Institute.
The economic think tank recently published its annual Best-Performing Cities report, which parses through reams of data in order to pinpoint metro areas where job growth is high, wages are rising and high-tech jobs -- aka the ones most important to a modern city's growth -- are flourishing. In this year's report, the Portland region jumped up eight spots from last year, ranking #8 out of America's 200 largest metros.
And we're thinking of moving there already.
timnewman via Getty Images
The main reason for the Portland area's boom is a huge number of new tech jobs, says Milken Institute associate director Minoli Ratnatunga. Big-name companies from the actual Silicon Valley (think Apple, Facebook and Twitter) are opening offices in Portland as a way to avoid high rent for office space down South, she told HuffPost.
Companies also realize that budding young professionals, who lack the money to pay sky-high rents in San Francisco, will be attracted to Portland as a lower-cost option.
RyanJLane via Getty Images
If you're looking for a new scene, Portland is a great place to move -- not only for the statistical reasons above, but also for its incredible Climate Action Plan, ease of getting around and huge biking population that's as interested in craft beer and gluten-free bakeries as it is in equal opportunity LGBT employment.
Rent in Portland is still generally much lower than in Silicon Valley, but Ratnatunga warns that the city's increasing popularity could cause it to rise quickly, both for housing and office space.
"A lot of companies go (to Portland) because young professionals can afford to be there," she said. "But that's driving up rents. So we'll have to see."
Get in while you can, apartment hunters!
Also on HuffPost:
Eagan, Minnesota
> Population: 66,087
> Median home value: $243,200
> Poverty rate: 7.9%
> Pct. with at least a bachelor’s degree: 52.1%
> Amenities per 100,000 residents: 186.1
With a population of just over 66,000, Eagan is not an especially large city. However, located just across the Mississippi and Minnesota Rivers from Minneapolis and St. Paul, Eagan residents do not have to travel more than 20 miles to access a major metropolitan area. Also, unlike the Twin Cities, Eagan is one of the safest cities in the country. Only 24 violent crimes were reported in 2014 making Eagan home to the sixth lowest violent crime rate of any city in the country. One possible explanation for the low violent crime rate may be the city’s low unemployment rate. Only 3.3% of Eagan’s workforce is out of a job, a lower unemployment rate than in all but 10 U.S. cities.
While the cost of living in Eagan is roughly 2% higher than it is on average across the nation, incomes are also higher. The typical U.S. household earns $53,657 annually. The median household income in Eagan, however, is $78,884 per year, about $25,000 more than the national figure.
AndreyKrav via Getty Images
Eagan, Minnesota
> Population: 66,087
> Median home value: $243,200
> Poverty rate: 7.9%
> Pct. with at least a bachelor’s degree: 52.1%
> Amenities per 100,000 residents: 186.1
With a population of just over 66,000, Eagan is not an especially large city. However, located just across the Mississippi and Minnesota Rivers from Minneapolis and St. Paul, Eagan residents do not have to travel more than 20 miles to access a major metropolitan area. Also, unlike the Twin Cities, Eagan is one of the safest cities in the country. Only 24 violent crimes were reported in 2014 making Eagan home to the sixth lowest violent crime rate of any city in the country. One possible explanation for the low violent crime rate may be the city’s low unemployment rate. Only 3.3% of Eagan’s workforce is out of a job, a lower unemployment rate than in all but 10 U.S. cities.
While the cost of living in Eagan is roughly 2% higher than it is on average across the nation, incomes are also higher. The typical U.S. household earns $53,657 annually. The median household income in Eagan, however, is $78,884 per year, about $25,000 more than the national figure.
AndreyKrav via Getty Images
image
Centennial, Colorado
> Population: 107,193
> Median home value: $328,800
> Poverty rate: 4.8%
> Pct. with at least a bachelor’s degree: 56.3%
> Amenities per 100,000 residents: 383.4Higher educational attainment usually leads to higher incomes, and while only about 30% of American adults have a bachelor’s degree, more than half of all adults living in Centennial have a bachelor’s degree. The typical household in Centennial earns more than $91,000 annually, about $30,000 more than the typical Colorado household. The city also has a low poverty rate. Only 4.8% of Centennial residents live below thepoverty line compared to a poverty rate of 12.0% in Colorado and a national rate of 15.5%. Centennial high schools also yield better results than high schools across the state. Standardized test scores are about 6% higher in the area than they are across Colorado. Growing slightly faster than the U.S. population, Centennial expanded by 6.6% over the five years through 2014 to its current level of roughly 107,000 residents.
Anya Semenoff via Getty Images
image
Johns Creek, Georgia
> Population: 83,108
> Median home value: $332,700
> Poverty rate: 4.5%
> Pct. with at least a bachelor’s degree: 66.9%
> Amenities per 100,000 residents: 629.3While Georgia generally fares worse than most states in many social and economic measures, Johns Creek residents benefit from high incomes, low poverty, high levels of education, and plenty of amenities. The median annual household income in Johns Creek is nearly $100,000, roughly double the state’s median income. Also, the poverty rate of 4.5% is considerably lower than the the national poverty rate of 15.5% and even more so than the state rate of 18.3%. High levels of education among area adults partly explain the high incomes and likely improve the quality of life for the local community in a variety of other ways. Nearly 67% of adults in Johns Creek have at least a bachelor’s degree, more than twice the nationwide corresponding education attainment rate and one of the highest of any city.Johns Creek residents also have access to a remarkable number of leisure activities, especially restaurants. There are around 630 eating locations per 100,000 city residents, the second highest concentration of such amenities in the nation.
Stuart Franklin via Getty Images
image
Danbury, Connecticut
> Population: 83,795
> Median home value: $283,400
> Poverty rate: 11.5%
> Pct. with at least a bachelor’s degree: 33.3%
> Amenities per 100,000 residents: 260.2The best places to live are not necessarily affordable. Danbury, the best U.S. city to live in after only Meridian, is in Fairfield County, Connecticut, one of the most expensive areas in the nation. The cost of living in the area is nearly 31% higher than the national average cost of living. Housing expenses, in particular, are very high, costing 58% more than the nationwide average cost. Households in the city, with an annual median income of $69,394, are slightly less wealthy than households across the state. A typical home in Danbury is valued at $283,400, slightly higher than Connecticut’s median home value of $267,200.For many Danbury residents, however, the high standard of living may be worth the high cost. Leisure activities are easy to come by in the area. There are around 10 nature parks and 57 marinas per 100,000 area residents, each some of the highest concentrations of such amenities nationwide.
Bloomberg via Getty Images
image
Meridian, Idaho
> Population: 87,739
> Median home value: $193,900
> Poverty rate: 10.9%
> Pct. with at least a bachelor’s degree: 27.7%
> Amenities per 100,000 residents: 169.8Meridian, located just outside of Idaho’s capital city of Boise, is 24//7 Wall St.’s best city to live in. The city is safe, and jobs have attracted growing numbers of new residents. Only 80 violent crimes were reported per 100,000 in Meridian last year, a fraction of the national violent crime rate of 366 violent crimes per 100,000 Americans.The annual unemployment rate in the city is also quite low. At just 4.1%, it is lower than the state’s jobless rate of 4.8% and well below the national jobless rate of 6.2%. Moreover, jobs are being added to the local economy faster than in most of the United States. The 7.4% increase in the number of jobs from 2012 through last year was much greater than the national job growth rate of 1.8% over that period. Prospective employment is frequently the first priority for Americans considering relocation. With the strong job market, Meridian’s population has been growing dramatically in recent years. Over the five years through 2014, the city’s population growth rate of 28.0% was more than four times the nationwide population growth of 6.5%.
VisionsofAmerica/Joe Sohm via Getty Images
image
MORE:
Hplifestyle, Portland, Portland Housing, Move To Portland, Best Cities, Best Cities To Live In, Affordable Housing Portland, Jobs In Portland, Portland Travel, Best Performing Cities, Portland Milken Institute, Milken Institute
0 nhận xét:
Post a Comment