Provo #6 Best Affordable Places to Live!

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Livability has uncovered the most affordable places that you’d actually want to live in. They looked at cities across the country and have ranked Provo City #6 Best Affordable Places to Live in the nation! This recognition adds a fun and spirited element to our city as well as opportunity and value, and enhances our community’s livability.

Whether you’re rocking out during a concert at the Covey Center or cruising down a backcountry trail, you’ll find that things to do in Provo, Utah, cost less than they do in most major cities. Provo’s median household income of $40,359 provides plenty of spare change to enjoy many of the amenities this city has to offer. Most residents spend less than 24 percent of their incomes on housing, and they spend less on groceries and utilities than the average American. Those factors help make Provo one of the best affordable cities to live in.

Read more of the ranking here: http://www.livability.com/top-10/families/best-affordable-places-to-live/2016/ut/provo

Provo’s Job Market is on Fire!


According to CNN Money, Provo is quickly becoming one of America’s hottest job markets! Jobs in the Provo area grew at the fastest pace of any town in the United States last year. Our unemployment rate is an enviable 2.7%, nearly half the national average of 5%, according to the U.S. Labor Department. Provo’s 5.2% annual jobs growth through November far outpaces the 1.9% gains nationally.

Provo has become a big tech hub for the area. One factor luring businesses of all stripes: wicked fast internet. Google awarded Provo with its Google Fiber program in 2014. That means residents and businesses have lightning fast internet — something tech start ups especially love.

Provo’s construction industry saw a double-digit percent increase in job growth last year too, according to the Labor Department. Hospitals and the nearby colleges, such as Utah Valley State University, are among the area’s largest employers.

Read the entire article here: http://money.cnn.com/2016/01/13/news/economy/boomtown-america-provo-utah/index.html?iid=hp-toplead-dom

Provo #8 for Greatest Share of Households with Broadband Internet


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Provo has been ranked #8 for the greatest share of households with broadband internet subscriptions in the Nation! According to a new report from the Brookings Institution the Provo-Orem metropolitan area has a total of 154,567 households. 132,000 of those households have broadband internet subscriptions. There is no question that the Internet is a huge boon to the economy and society, but maximizing its potential is only possible if all individuals are online.

New survey questions from the U.S. Census Bureau enable analysis at the metropolitan scale, creating new ways to measure and understand where America falls short in getting people online. This subnational approach is especially important because local and state governments play a lead role in guiding Internet policy, including infrastructure deployment, public outreach, skills development, and affordability programs.

Check out more of the ranking here: http://www.brookings.edu/research/reports2/2015/12/07-broadband-adoption-rates-metropolitan-areas-tomer-kane


Provo #1 for Volunteering


Corporation for National and Community Service in partnership with the U.S. Census Bureau has ranked Provo the #1 City in the Nation (and in Utah) for volunteering! Because of Provoan’s generosity and commitment to improve their communities, research reports 51.7 percent of adults volunteering.

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Read more about the ranking here »

Provo #4 Best College City in America

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Provo has been ranked #4 Best College City in America! WalletHub ranked 326 U.S. cities and towns that promise the best combination of academic, social and economic opportunities for students and analyzed 23 key metrics such as the quality of higher education, crime rates and cost of living.

Each metric was given a value between 0 and 100, wherein 100 is the best value for that metric and 0 is the worst. They then calculated the overall score for each city and ranked them using the weighted average across all metrics.

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Check out the whole ranking here: wallethub.com/edu/best-worst-college-cities-and-towns-in-america/8974/#ask-the-experts

Provo #1 for fastest job growth in the Nation

Provo has been ranked #1 for fastest job growth in the Nation (in the first quarter of the year) according to a new report from the Brookings Institution. Brookings found Provo’s rate of job growth accelerated rapidly to 2.2% —the fastest quarterly expansion in the nation! Provo also bested its peers nationwide with a full 1.0% quarterly increase in output, even as national economic growth turned negative. The unemployment rate fell by 0.2% points to 3.0%, the lowest in the region.

Provo’s entrepreneurial spirit and close proximity of Brigham Young University and Utah Valley University are to credit for the skyrocketing job and economic growth. Also, Provo has a section of businesses that brought in more capital per geographic area than any other place in the United States. Larger companies like Vivint, Qualtrics and Ancestry.com have made national names.

Check out more of the ranking here: brookings.edu/~/media/multimedia/interactives/2015/metromonitor_june/mountain-monitor-2015q1.pdf

Watch the video above for exciting Provo projects that will be announced in the coming months!

Provo #1 Best Medium-Sized City for Jobs 2015


Forbes recently ranked Provo the #1 medium-sized city in the United States for Jobs in 2015! According to Forbes, Provo’s underlaying success for strong job growth is our social cohesion – translating into a high percentage of families with children, as well as emphasis on education and enterprise.

Forbes also reports that the most striking element about Provo is the diversity of our economic growth. Since 2009, employment in Provo is up 23.5%, with gains in virtually every sector, paced by increases in construction and natural resources (60%), information (30.1%), business services (46.5%) and even manufacturing (16.4%).

Check out the ranking here: forbes.com/sites/joelkotkin/2015/06/12/best-small-and-medium-size-cities-for-jobs-2015

Provo #1 for Communities & #7 for Well-being


Provo has been ranked #7 in the Nation for Well-Being according to Gallup and Healthway’s Well-Being Index Score! Gallup and Healthways surveyed 100 of the most populous communities in the U.S. These rankings are based off of the five essential elements of well-being, which are:

  • Purpose: Liking what you do each day and being motivated to achieve your goals
  • Social: Having supportive relationships and love in your life
  • Financial: Managing your economic life to reduce stress and increase security
  • Community: Liking where you live, feeling safe and having pride in your community
  • Physical: Having good health and enough energy to get things done daily

*Provo was ranked #1 in community well-being!

176,702 adults, aged 18 and older, living in metropolitan areas in the U.S. were asked about such matters as their emotional and physical health, job satisfaction, community safety and access to food, shelter and health care.

See who else made the list and read more about the rankings here »

Provo #8 Best City for Basketball Fans


Provo has been ranked #8 Best City in the nation for Basketball fans! With March Madness in full swing, WalletHub crunched the numbers to find the best cities in America to be an avid professional and college basketball fan. They looked at 300 of the most populated U.S. cities across 11 key metrics, ranging from the performance level of each city’s NBA and NCAA Division 1 basketball teams to ticket prices to stadium accessibility.

  1. Number of NBA & NCAA Division 1 Basketball Teams
  2. Performance Level of Teams (Number of Wins Divided by Total Games Played)
  3. Average Ticket Price for an NBA Game & Minimum Season Ticket Price for an NCAA Division 1 Basketball Game
  4. Stadium Accessibility (Stadium Capacity Divided by City Population)
  5. Number of Championships Won
  6. Number of Division Championships Won
  7. Number of Sports Bars per Capita
  8. Fan Friendliness and Engagement (Number of Twitter Followers Plus Number of Facebook “Likes” per Capita)
  9. Franchise Value (Team Estimated Value in $Billion)
  10. Attendance (Average Home-Fan Attendance Divided by Arena Capacity)
  11. Viewership Rate (Number of Viewers on National TV per Capita)

Check out the whole ranking here: wallethub.com/edu/best-worst-cities-for-basketball-fans/11034/


Provo #1 Best City to Move to in 2015


Provo has been ranked #1 Best City to Move to in 2015 by Simple Moving Labor. According to SML, the City of Provo has been making itself known as a great place to live for a few years now, based on its majestic views and reputation for encouraging entrepreneurs. Safe streets and low business taxes are drawing crowds.

They crunched hard numbers from the U.S. Bureau of Labor Statistics, Forbes.com, the National Association of Realtors, Zillow.com, and the Department of Housing and Urban Development to come up with Provo’s ranking. Here are the individual criteria they took into consideration:

Median Income: To make the list, a city must have a median income — that is, 50% of the residents make more than this number, and 50% of the residents make less — higher than the national median income of approximately $53,000 (up from $44,000 last year).

Best City for Median Income: Provo, Utah at $83,000

Projected Home Value Growth Over The Next Three Years: To be up for consideration, the projected home value growth in a given city had to be positive. A negative projected value growth rate could indicate that a growth cycle is coming to an end, or at least stagnating, for that community.

Home Affordability Index: We looked at the median income and the average household sale price to determine which communities offer the most bang for your buck when it comes to buying a house. After all, if you purchase a house but can’t afford to purchase food, that’s not affordability.

Best City for Home Affordability: Provo, Utah

Unemployment Rate: In case of a tie, the unemployment rate determined the final winner. Just like in golf, low score wins the match. To make the list, a community had to be lower than the national unemployment rate of (approximately) 5.7% (down from 6.5% last year).

Check out more of the ranking here: simplemovinglabor.com/blog/the-10-best-cities-to-move-to-in-2015

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