Sioux Falls Tops Forbes List of Best Small Cities for Business and Careers
Sioux Falls has been named No. 1 on Forbes 2017 list of Best Small Cities for Business and Careers. Sioux Falls ranked second last year.
To determine America’s best small cities for business and careers, Forbes splits the 401 metro areas in the United States between the largest 200 by population and 201 with populations below 265,400. Areas are ranked on 14 factors related to job growth, business and living costs, income and economic growth, quality of life, the education of the workforce, and laws that protect people from employment discrimination.
The article states: “Sioux Falls has transformed itself from an agriculture-based economy to one centered around healthcare and financial services. . . . Sioux Falls sports business costs 17 percent below the national average and boasts a large concentration of highly educated millennials. Employment growth has been strong over the past five years, and the $17 billion metro economy is forecasted to expand at a healthy 3.2 percent per year, according to Moody’s Analytics.”
To see the full list, go to www.forbes.com/sites/kurtbadenhausen/2017/11/06/the-best-small-cities-for-business-and-careers-2017/#537a5c354f8e.