Columbus Ranked #1 Opportunity City of 2014
If you want to make a mark on the world, there’s no better city in the US to do that than Columbus. Of course, we’ve all known that locally for some time now, but Forbes has validated that claim today by naming Columbus officially at the top of their list of Opportunity Cities.
“Columbus, is home to a surprising number of major corporations… it also has a healthy pipeline of venture funding for entrepreneurs,” explains Erin Carlyle, the Forbes Staff writer who authored the article accompanying the list. “Amenities like Ohio State and a thriving arts and cultural scene make it a city where people can build a career as well as a rewarding life.”
Carlyle shares an anecdote about local retail entrepreneurs Josh and Niki Quinn of Tigertree, and how they’ve found success in the city after relocating from Los Angeles in 2006. The couple has grown their business here, and found an amazing historic home in the Short North for a fraction of the cost of what can be found in larger cities.
The analysis used to compose the list of Opportunity Cities evaluates home prices, unemployment rates and population growth. The report also focuses specifically on “core urban areas” rather than metro regions for comparison.
The median home sales price in Columbus was $99,900 for the first quarter of 2014, unemployment is 4.8% and population growth was 9.4% from 2008 to 2012.
Other regional cities on the list include Pittsburgh (#3), Toledo (#4), Akron (#13) and Cincinnati (#18).
To read the full article, CLICK HERE to visit www.forbes.com.