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Forbes Ranks Area as Tops for Business, Careers, Families
8/4/2011

Forbes magazine has ranked the Raleigh area -- including Garner, a mere 10 minutes from the capital city's downtown -- as the No. 1 Best Place for Business and Careers. It is the fourth time in the past five years that the area has been ranked No. 1 in this category.

Forbes also ranked greater Raleigh as the No. 1 place for families with young children, the No. 2 place for young professionals and No. 2 on its list of the Next Big Boom Towns in the United States.

With low businesses costs (18 percent below the national average) and the second-highest net migration rate in the United States over the past five years, it's no wonder that Forbes has showered these accolades on the Raleigh area.

The area's local university presence -- including North Carolina State University, Duke University and the University of North Carolina-Chapel Hill -- helps fuel local growth in the area. The area receives a strong boost from these three elite schools, which contribute to a smarter labor force (42 percent of Raleigh's population have a college degree).

The Best Place for Business and Careers rankings look at the 200 largest metro areas in the United States. Forbes looks at 12 metric relating to job growth (past and projected), costs (business and living), income growth, educational attainment and project economic growth. Also included are quality of life factors such as crime rates, cultural and recreational opportunities and number of highly ranked colleges in the area.

Garner contributes significantly to the Raleigh area's spectacular business climate and superior quality of life. For more information about why Garner is a great place to live and do business, contact Economic Development Director Tony Beasley at (919) 773-4405.

To see the Forbes coverage, CLICK HERE.



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