Provo has been ranked #4 Best College City in America! WalletHub compared more than 400 U.S. cities of varying sizes across three key dimensions: 1) Wallet Friendliness, 2) Social Environment and 3) Academic & Economic Opportunities. They evaluated those three key dimensions using 28 key indicators of academic, social and economic opportunities for students. Their data set ranges from cost of living to quality of higher education to crime-rate. Provo was also ranked #3 for lowest cost of higher education.
Provo has been ranked the #7 happiest city in the United States! National Geographic, bestselling author Dan Buettner, and Gallup’s social scientists teamed up to develop an index that assesses measurable expressions of happiness and identifies where Americans are living their best lives. The study established 15 metrics—from eating healthy and learning something new every day to civic engagement, financial security, vacation time, and even dental checkups—that signal happiness.
In happier places, locals smile and laugh more often, socialize several hours a day, have access to green spaces, and feel that they are making purposeful progress toward achieving life goals.
The greater message, for locals and travelers alike, is that happiness doesn’t just happen. “There’s a genesis to it. Enlightened leaders make conscious decisions to favor quality of life over economic development or political expediency,” Buettner notes.
Provo has been ranked #1 in the nation for Most Compassionate City! Realtor.com ranked the 250 largest cities using the following criteria:
Percentage of income donated
Percentage of people working in social services, such as special ed teachers, therapists, nurses, etc.
Percentage of people working for nonprofit organizations
Public charities per capita
Animal shelters per capita
Residents of Provo donate an impressive 6.4% of their income to charities, according to tax return data from the IRS. It’s the highest rate in the U.S. Provo residents aren’t stingy with their time, either. Volunteers can be found helping victims of child abuse at the Children’s Justice Center and serving meals for the needy at the Food and Care Coalition.
To read the full list of compassionate city rankings and the details of each, click here.
Provo has been ranked the #2 best city in the US where young people are happy, rents are affordable, and jobs are plentiful. According to a recent study by Apartment List, which evaluated the housing and job markets of popular US metro areas, as well as the satisfaction of residents there, to discover the best places for millennials to live.
To compile its ranking, Apartment List gathered the following metrics for the 75 largest US metro areas:
Affordability: Median rents and the share of households that can afford the median-priced home. Based on data from Apartment List and Harvard JCHS 2017 State of the Nation’s Housing Report.
Jobs: Median wages, wage growth, and the millennial unemployment rate. Based on Bureau of Labor Statistics and Census Bureau data.
Livability: Renters’ satisfaction with weather; access to parks community activities, and nightlife; opportunities to date and make friends; and safety and low crime rates. Based on Apartment List’s annual survey of 24,000 renters.
No. 2 Provo, Utah, takes the second spot on the list, with high scores for jobs, affordability, and livability. Provo’s strong job growth and low millennial unemployment, combined with high livability scores, make the metro a great destination for millennials looking to relocate. Provo residents give the metro high marks for safety and dating options, and more affordable rents allow millennials to save up to purchase a home.
The Provo metropolitan economy grew faster than any of the other top 100 metro economies in 2016, according to an analysis of recently released economic data conducted by SpareFoot. Provo’s growth rates are higher than booming tech-centric economies like San Jose, San Francisco, Seattle, Austin, and Raleigh.
When compared to metro economies of a similar size, Provo’s performance is remarkable. Provo passed the Augusta this year and looks set to pass Scranton in 2017 to become the 94th largest metro economy in the US.
According to the BEA data, the Information Technology sector made the largest contribution to Provo’s growth, boosting the area economy by 1.68%. Other high-growth sectors included Professional and Business Services, Construction, Finance-Insurance-Real Estate, and Trade. Only Manufacturing saw a year-over-year decline.
Financial technology SmartAsset has determined which U.S. cities offer the best career opportunities, and Provo has been ranked #3 in the nation!
Here’s what SmartAsset says about us: “Provo is a great place to secure a new job or launch a new career. For one, the total number of jobs in the area jumped 4.4% from 2016-2017. That’s the 12th-highest rate of increase in the study, suggesting there is plenty of opportunity in Provo. Provo also has one of the highest rates of educational, guidance, school and vocational counselors in our study at 4.51 per 1,000 workers. Provo is a leading center for technology companies and tech development. It is home to the world headquarters of Novell, a software company founded in 1979. It has three “unicorn” tech startups, privately funded businesses that have an estimated valuation of over $1 billion. But the region’s economic successes are not strictly limited to technology. It also has a burgeoning healthcare industry and two major universities in Brigham Young University and Utah Valley University.”
Provo scored well in other metrics as well, like income growth. On average late-career workers earn about 43% more than early-career workers in Provo, the fifteenth-largest difference in the study.
Complete details on the study can be found here: https://smartasset.com/mortgage/the-top-10-cities-for-career-opportunities-in-2017
WalletHub has ranked Provo #7 for Most Educated City in America! To identify America’s intellectual hubs, WalletHub analyzed the 150 largest metropolitan statistical areas in the United States based on nine key metrics. Among them are educational attainment, quality of public school system, and the number of enrolled students in the top 231 universities per capita.
Education of Provo-Orem
5th – Highest % of High School Diploma Holders
2nd – Highest % of Associate’s Degree Holders or College-experienced Adults
Provo has been ranked the #2 best city in the nation for job growth! NewGeography used five measures of growth to rank all 421 metro areas for which full data sets were available from the past 15 years. 1) recent growth trend: the current and prior year’s employment growth rates, with the current year emphasized (two points); 2) mid-term growth: the average annual 2010-2015 growth rate (two points); 3) long-term momentum: the sum of the 2010-2015 and 2004-2009 employment growth rates multiplied by the ratio of the 2004-2009 growth rate over the 2010-2015 growth rate (one point); 4) current year growth (one point); and 5) the average of each year’s growth rate, normalized annually, for the last ten years (two points).
The data reflects the North American Industry Classification System categories, including total nonfarm employment, manufacturing, financial services, business and professional services, educational and health services, information, retail and wholesale trade, transportation and utilities, leisure and hospitality, and government.
Provo has been ranked #2 Best Run City in America! WalletHub compared the operating efficiency of 150 of the largest U.S. cities to reveal which among them are managed best. They constructed a “Quality of Services” score comprising 33 key performance indicators grouped into six service categories, which then measured against the city’s per-capita budget.
Provo was ranked 3rd for quality of city services, 2nd for total budget per capita, 2nd for the lowest long-term debt outstanding per capita, and 2nd for the lowest violent-crime rate. Check out the whole ranking here: https://wallethub.com/edu/best-run-cities/22869
I don’t know how this ranking slipped past the blog but back in February, Forbes ranked Provo as the #3 fastest growing city in America! Forbes’ annual list of America’s fastest-growing cities is to give a holistic picture of places on the upswing. That means looking not just at job, population or output growth individually, but considering how these important measures and others come together. It means looking back to see which cities grew the most in 2016 and forward to project which cities will make strides in 2017. They looked at growth of population, employment, wages, economic output and use home price growth as a proxy for wealth.
So what did they find when they looked at Provo? The Provo, Utah, metro area had the strongest wage growth in the country in 2016 at 7.5% thanks in large part to an expanding and competitive tech sector. Residents are expected to get an even bigger raise next year: Moody’s is projecting 9.45% wage growth in the area in 2017. Provo is one of just six cities with 2016 wage growth above 7%. The others are: Stockton, Calif.; Portland, Ore.; Seattle, Wash.; Spokane, Wash. and Cape Coral.