Charlotte ranks second highest value city in the US | CLT Blog
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Charlotte ranks second highest value city in the US

Posted on 26 Jul 2011 by Justin Ruckman

‘Charlotte is one of the best-kept secrets in the country,’ says Mayor Anthony Foxx, ‘but in the very near future it’ll be one of the worst-kept.’ With the Democratic National Convention descending next fall, bringing 30,000-plus delegates, journalists and other visitors, he’s right.”

Kiplinger, a publisher of economic forecasts based in DC, has ranked the best value cities for 2011. Charlotte comes in second, just behind Omaha, Nebraska, and right ahead of Nashville, Tennessee.

Some things they cite in our favor:

  • banking (BoA)
  • our smattering of Fortune 500 companies
  • our small business population (which accounts for 90% of local business)
  • the rising power of Duke Energy
  • our proximity to strong universities, and thus, engineering talent
  • public school performance
  • low taxes and utilities

Read the bit on Charlotte, or the whole piece at Kiplinger.com.

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