Businessweek Ranks Austin #8 Best American City, #1 Texas City of 2012
When Businessweek.com ranked 100 of America’s largest cities in September, Austin took home gold with a top-ten ranking. The beautiful Texas capital came in at #8, just between New York City (#7) and San Diego (#9). Austin outranked all Texas cities on the list, from Houston (#22) to San Antonio (#30) and Dallas (#41). Businessweek.com evaluated major North American cities on five central factors, with assistance from Bloomberg Rankings. These factors included leisure (the number of restaurants, bars, libraries, museums, professional sports teams, and park acres by population); education (public school performance, the number of colleges, and graduate degree holders); local economy (2011 income and 2012 unemployment); crime; and air quality. The greatest weight was given to leisure, followed by educational and economic metrics, then crime and air quality. How did Austin measure up? Here were Austin’s statistics, according to Businessweek.com: Ranking: 8th (of 100 U.S. Cities) Population: 797,215 Park acres per 1,000 residents: 37 Percent with graduate degree: 11 Median household income: $65,886 Percent unemployed: 6.3 Colleges: 9 Restaurants: 2,135 Bars: 212 Libraries: 35 Museums: 25 Austin’s college football team (the UT Longhorns), tech companies (like DELL and AMD), and major events like Austin City Limits (ACL) and South by Southwest (SXSW) were mentioned with its top-ten ranking of 100 U.S. cities. The REALTORS® at Regent Property Group congratulate the Music Capital of the World for yet another top ranking of the best American cities! Searching for properties for sale in beautiful Austin, Texas? From lakefront estates in Westlake to verdant villas in Barton Creek, Regent helps luxury homebuyers stay on top of the Austin real estate market. Click here to see dozens of other top-ten rankings earned by Austin, Texas!