Columbus Named One of The 6 Best Big Cities by Money Magazine
Last week, Time’s Money Magazine announced their annual list of The 6 Best Big Cities in the U.S., which Columbus was named a part of. The list isn’t in numerical order, instead being divided by geographical regions, meaning that the Midwest category is what Columbus was on top of.
“For the second year, our Best Big Cities list identifies the metro ares in each region of the country that offers all that plus strong job growth, affordable housing, good schools, low crime, and great quality-of-life factors such as ample transportation options and access to green space,” writes article author Sarah Max. “This year we also gave additional weight to the health of the local economy.”
Columbus gets recognized in the article as a place with a strong magnet economy, pulling creative entrepreneurs and businesses from other parts of the country.
“In the past five years more than 150 companies have moved to the area, drawn by a highly educated workforce and a solid business base that includes major retailers L Brands and Abercrombie & Fitch,” writes Max. “In 2015 the city saw the highest wage growth in the country, with average hourly wages shooting up 6.2 percent, far exceeding the national rate of around 2 percent and surpassing even such go-to burgs as San Francisco.”
The article also singles out Olde Towne East as a hip neighborhood for new transplants to consider, with its large historic homes that have price tags far below what can be found in larger cities.
“How’s this for reverse sticker shock: A 1920 five–bedroom, seven-bathroom brick beauty with an asking price of $375,000,” states Max.
The other five cities to make this year’s list include Portland, Boston, Raleigh, Colorado Springs and Arlington, Texas.
To read the full article, visit time.com/money/4490477/the-best-big-cities/.