Forbes: Kennewick Ranks 74 as Best Place for Business and Career

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 Kennewick Washington 74 as Best Place for Business and Careerthe 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%.

Written by Kennewick Real Estate Agents Joe and Colleen Lane, always available to serve! Call or email us today with your real estate questions. 509.438.9344


by Colleen Laneby Colleen Lane
The Lane Real Estate Team
(509) 438-9344 - Colleen cell
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2 Responses to "Forbes: Kennewick Ranks 74 as Best Place for Business and Career"

MB wrote: Congrats! It looks like quality of life is very high, whereas cost-of-living is relatively low. Great combination! Do you get a lot of Californians relocating up there? I'd imagine that someone could sell an out-of-date California rambler and reinvest the funds into a brand new, beautiful home in Kennewick... Please correct me if I'm wrong.

One question: I always hear about "Eastern Washington" getting more sunshine than "Western Washington". Is Kennewick considered "Eastern"? In other words, do you get more sunshine than rainy Seattle?

Thanks!

MB

Posted on Friday, April 16th, 2010 at 2:48pm.

Jacksonville Real Estate wrote: With a great job growth rate and low cost of income, the real estate market must do real good.

Posted on Monday, April 19th, 2010 at 5:05am.