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Austin Is No. 2 Best Large City


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Austin takes 2nd place on Milken’s Annual Index of Best-Performing Large Cities. Rising up from 4th place last year, this year Austin is runner-up to San Jose, California. The study ranked cities based on job growth, wage increases, and technology development collected over a fiver-year period from 2006-2011.

During the five-year period, Austin’s job growth rate ranked 3rd, salary increases ranked 14th and technology growth increased significantly. With such high rankings for each growth metric, Austin was able to secure a top spot among 200 cities in the study.

Two other Texas cities, Houston and Fort Worth, took spots in the Top 10 as well. Of the 200 cities on Milken’s Best Performing Cities list, seven Texas cities made the cut.

Top 10 Best Performing Cities

  1. San Jose, CA
  2. Austin, TX
  3. Raleigh, NC
  4. Houston, TX
  5. Washington D.C.
  6. Salt Lake City, UT
  7. Provo-Orem, UT
  8. Cambridge-Newton, MA
  9. Charleston, SC
  10. Fort Worth, TX

For the past thirteen or so years Austin has done its best to stay in the top of any best cities lists, but in the Milken Institute’s Index, Austin has jumped all over the map, so to speak. Take a look at what rankings Austin has received since 1999.

History of Austin’s Rankings on Milken Institute’s Best Performing Cities Index

  • 1999 – 2nd
  • 2000 – 1st
  • 2001 – 2nd
  • 2002 – 19th
  • 2003 – Not in Top 20
  • 2004 – Not in Top 20
  • 2005 – Not in Top 20
  • 2006 – Not in Top 20
  • 2007 – 20th
  • 2008 – 4th
  • 2009 – 1st
  • 2010 – 2nd
  • 2011 – 4th
  • 2012 – 2nd

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