Seattle is the second most dynamic city in the U.S., and if you're like me, you have absolutely no idea what that means!
According to a study by Point2Homes, they identified their list of "dynamic" cities in terms of growth and progress. They took 18 different factors and grouped them into four main categories including: Human Capital, Education and Culture, Economic Activity and Housing. Let us break some of those big and scary words down.
- Human Capital: increases in population and immigration levels (influx of foreigners as well as U.S. citizens from other parts of the country), positive changes in a city’s median age;
- Education and Culture: increases in the number of residents holding higher-education degrees, rises in school enrollment levels and internet subscriptions, and growth in the number of people employed in Arts and Entertainment;
- Economic Activity: the evolution of a city’s GDP, boosts in incomes and job opportunities, growth in the number of registered patents and companies that are active on the market, as well as declines in unemployment and poverty rates;
- Housing: home price appreciation, increases in building permits, and decreases in the number of vacant homes.
Seattle nabs the second spot in both the overall ranking and in the large cities category, surpassed only by San Fran. Seattle is also in the forefront in terms of income growth. Other Washington cities included in the study were Vancouver (30th place overall and fifth in the small cities category), Tacoma (35th spot overall and 18th in the mid-sized cities category, and Spokane (66th and 36th in the mid-sized category).
Here's the list of the top 10 dynamic cities in the U.S.
- San Francisco, CA
- Seattle, WA
- Denver, CO
- Aurora, CO
- Grand Prairie, TX
- Oakland, CA
- Fort Worth, TX
- San Jose, CA
- Atlanta, GA
- Miami, FL
Go us for being so dynamic, eh? Click here to learn more.