Washington area suffers in ranking of attractiveness for relocations
Washington Business Journal - by Neil Adler Staff Reporter
The high cost of living and expensive housing market are decreasing the Washington area's appeal for families who are considering a move, according to a new study.
D.C.-based Worldwide ERC, an association for people who manage or serve a mobile work force, and Memphis, Tenn.-based Primacy Relocation LLC, an employee relocation provider, ranked the best cities for relocating families.
The study, which has been conducted for three years, reflects the ease with which a family can move to a city and settle into a new life.
In the large metro area category -- cities with more 1.25 million people -- the D.C.-Arlington-Alexandria market ranked 38th out of 50.
The top five are Fort Worth-Arlington, Texas; Nashville-Davidson-Murfreesboro, Tenn.; Kansas City, Mo.-Kan.; Indianapolis-Carmel, Ind.; and Austin-Round Rock, Texas.
In the mid-sized metro area category -- 575,000 to 1.25 million people -- the Bethesda-Gaithersburg-Frederick region is 21st out of 50.
The top five in that category are Knoxville, Tenn.; Wichita, Kan.; Raleigh-Cary, N.C.; Salt Lake City; and Oklahoma City.
Factors considered for the rankings include the housing market (home price, appreciation rates and property tax, for example), an area's cost of living, crime rates, education, climate, the arts and culture scene, diversity, doctors per capita, recreation, air quality, sales tax, unemployment rate, job growth and school expenditures per student.
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