Sunday, May 17, 2009

Forbes: Austin remains a bargain

From Austin Business Journal, May 15, 2009...

Austin's relative affordability and number of job opportunities has helped it rank first on Forbes.com's list of the nation's best bargain cities.

To determine which U.S. cities are the best bargains, Forbes.com looked at the country's 50 largest U.S. metropolitan areas. Researchers assigned cities points across four data sets: average salary for workers with a bachelor's degree or higher; annual unemployment statistics; cost of living; and the Housing Opportunity Index that measures the amount of homes sold in a given area that would be affordable to a family earning the local median income.


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