Forbes: Kennewick In Top 100 Cities For Best Place For Business & Career
For the 12th year in a row Forbes has posted an article about the best places for businesses and careers in America. Kennewick Washington ranked number 74 on the list this year. Now to some, 74 may seem pretty low on the list but in reality 74 is pretty darn good when you look at the 25,375 cities there are in the country. When Forbes creates this list there are several factors that are considered such as reasonable business costs, strong economic outlooks, and a solid quality of life.
Kennewick Washington, with a population of 246,000, ranks number 4 in job growth. Kennewick is 27 in the projected job growth in the area with 2.0% projected growth; these figures are based on a 3-year annualized figure. The cost of doing business, which takes into consideration the cost of labor, energy, taxes, and office space, in Kennewick is ranked 74.
The cost of living, which includes housing cost, utilities, transportation, and other expenditures, in Kennewick Washington ranks 60. Kennewick’s median household income is $47,644. The average price of homes in the area is $167,900. Sub prime mortgages, as a percent of total origination between 2006 and 2008, are 9.5%.
by Colleen Lane
The Lane Real Estate Team
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