Denver is at the top of many rankings for its business and economic climate, so it’s not too surprising to find it near the top of yet another.
According to a new WalletHub report that compares 150 of the largest U.S. cities across 17 metrics in two categories, employment and earning opportunities and economic environment, Denver was rated the second most recession-recovered city.
Here are some of the metrics looked at:
- Unemployment rate
- Inflow of college-educated workers
- Median household income
- Poverty and foreclosure rates
- Number of businesses
Cities were assigned a score in each metric, with “1” being best and “75” being average
According to the report, Denver is:
- 12th for home price appreciation
- 11th for poverty rate
- 36th for ratio of part-time to full-time jobs
- 2nd for inflow of college-educated workers
- 1st for foreclosure rate
- 74th for public assistance rate
- 21st for consumer non-housing debt
- 13th for labor-force participation rate
Click here to see the full report.
Meet the Alaris Team to find out about our deep investment in this unique city, and be sure to follow us on Facebook. We are here to assist you with all your real estate-related needs.