Highly respected financial magazine Forbes recently released its list of Best Small Places for Business and Careers. College Station was ranked #6 for the nation and #1 in the state of Texas. In fact, College Station was the only Texas city that ranked in the top 30 on Forbes' list.
When determining the ranking order, Forbes took into consideration job growth (both past and projected), the cost of running a business, the cost of living in the city, income growth, projected economic growth and the educational background of the citizens. Quality of life was a big consideration as well: low crime rates, recreational opportunities and cultural diversity. The availability of high ranking colleges in the area was also a major factor.
Last year, College Station was ranked as #9 on Forbes' list. To be considered as a "small city", the population cannot exceed 250,000. Due to higher business costs and stiffer business regulations, cities along both the eastern and western seaboard didn't make the cut.
Forbes' Top 10 Small Cities for Business & Careers
- Sioux Falls, SD
- Fargo, ND
- Bismarck, ND
- Logan, UT
- Manhattan, KS
- College Station, TX
- Morgantown, WV
- Dubuque, IA
- Columbia, MO
- Greenville, NC
Forbes' Top 10 Small Texas Cities for Business & Careers
- College Station
- San Angelo
Making Forbes' list of Top Small Cities for Business & Careers is just the latest in a long list of recognitions College Station has received over the last couple of years. College Station was named as one of the Top 10 Great Cities for Raising Families by Kiplinger Magazine in 2010, ranked #4 on the USAA's list of Best Places for Military Retirement in 2010, named as one of the five US cities going through true economic expansion by MSNC in 2010, ranked #4 on the Milken Institute's Best Performing Small Metro Cities in 2011 (out of 179) and wound up on three other Forbes lists: Best Small US Cities for Job Growth (#7), Best Small US Cities for Education (#21) and Best US Cities for Working Retirement (#6).
Additionally, College Station has the lowest property tax rate in the state and the lowest foreclosure rate in the entire country (according to Foreclosure-Response.org). When you factor in the great home prices, wonderful lifestyle and beautiful surroundings, College Station is a fantastic place to live. If you're interested in making College Station your home, please contact me. I'll be happy to help you find that perfect place to set down roots.
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Originally posted on my Living in Bryan-College Station real estate blog here: http://livinginbryancollegestation.com/forbes-ranks-college-station-tops-business-careers/