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27th November
2011
written by Arizona Kid

Atlanta ranked third in housing affordability, fourth for the most university graduates and fifth for venture capital. But it’s near the bottom in per capita personal income, per capita gross metropolitan product and job growth.

Austin ranked at or near the top in several categories. It has the highest percentage of university graduates, the lowest unemployment rate and the least loss of housing values in the downturn, plus it tied for the second-highest job growth. Its economy grew the fastest, 7 percent, from 2009 to 2010.

Denver has the second-highest percentage of university graduates, second-highest amount of venture capital and second-highest per-capita personal income. The Rocky Mountain city landed in the middle for housing affordability and job growth.

Las Vegas suffered the greatest loss in housing values in the crash, about 65 percent, as well as about 13 percent of its jobs. It ranks at the bottom for university graduates and venture capital and ninth for per-capita personal income. Its housing is the second-most affordable.

Phoenix ranks No. 1 in housing affordability and in August had the second-highest job growth behind Seattle, compared with a year earlier. But it ranks at or near the bottom for venture capital, university graduates and per capita income.

Philadelphia, the nation’s fifth-largest metro area, has the third-highest per capita personal income. Otherwise, this 329-year-old city falls in the middle of the pack in all the numbers. Its $311 billion economy is the largest among the metro areas in the group.

Portland, Ore., has the third-highest per capita gross metropolitan product, about $54,500 a person. It ranks in the middle for job growth and per capita personal income but seventh for venture capital and percentage of university graduates.

Salt Lake City ranks ninth for venture capital, eighth for percentage of university graduates and seventh for per capita personal income. But its unemployment rate in August was second-lowest to Austin, and its job growth is faster than seven other cities.

San Diego drew the most venture capital of all the cities, $594 million through the first quarters of 2011. On the flip side, it’s the least-affordable city for housing. It placed fourth for job growth and per capita personal income.

Seattle is gaining jobs faster than any other region, with job growth 0.4 of a percent faster than Phoenix and Austin. It has the highest per capita gross metropolitan product and personal income. It is third-highest for venture capital and second-least affordable for housing.

Read more: http://www.azcentral.com/arizonarepublic/business/articles/2011/11/26/20111126arizona-indicators-cities-stories-data-whats-healthy.html#ixzz1eugGc241

120 Comments

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