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Forbes Ranks Lexington Among Best U.S. Cities for Business

Lexington has been ranked by Forbes magazine as one of the nation’s best cities for business. The magazine’s Best Place for Business and Careers list – which ranks the nation’s 200 largest cities – placed Lexington at No. 9, based on 12 metrics that include business and living costs, job growth (both past and projected), income growth, educational attainment and projected economic growth. Forbes also factored in quality of life issues such as crime, cultural and recreational opportunities; net migration patterns; the percentage of subprime mortgages issued over a three-year period; and the number of highly ranked four-year colleges in the area. Des Moines, Iowa, was the top-ranked city on the list, followed by Provo, Utah; Raleigh, N.C.; Fort Collins, Colo.; Lincoln, Neb.; Denver, Colo.; Omaha, Neb.; Huntsville, Ala.; Lexington; and Austin, Texas.