Texas, North Carolina, and Idaho Cities Top List of 10 Best Performing Economies

MAKE MONEY - MAKE MONEY NEWS
Some of the other cities at the top might surprise you.
Updated Feb. 8, 2024
Fact checked
Boise Idaho - Capital of the Gem State sky

We receive compensation from the products and services mentioned in this story, but the opinions are the author's own. Compensation may impact where offers appear. We have not included all available products or offers. Learn more about how we make money and our editorial policies.

A recent study conducted by the Milken Institute, an economic think tank, has unveiled the top economically performing cities in the U.S., offering insights into their vitality and resilience in an ever-evolving economy. Cities were evaluated on factors like job growth, wage growth, inequality, and internet coverage to name a few. Cities in Texas, North Carolina, Idaho, and Utah (with two cities in the top 10) rounded out the top spots.

If you’re over 50, take advantage of massive travel discounts and trip-planning resources

Over 50 and love traveling? Join AARP today — because if you’re not a member, you could be missing out on huge travel perks. When you start your membership today, you can get discounts on hotels and resorts, airfare, cruises, car rentals, and more.

How to become a member today:

  • Go here, select your free gift, and click “Join Today”
  • Create your account (important!) by answering a few simple questions
  • Start enjoying your discounts and perks!

An AARP membership not only unlocks discounts that could save you hundreds on your next trip, but you’ll also have access to deals on vacation packages, guided tours, and exclusive content to help plan your next getaway.

Important: Start your membership by creating an account here and filling in all of the information (do not skip this step!). Doing so will allow you to take up to 25% off your AARP membership, making it just $12 per year with auto-renewal.

Become an AARP member now

Austin, Texas

f11photo/Adobe downtown skyline of austin texas

Austin, the capital of Texas, takes the number one spot on the Milken Institute’s list. Known for its vibrant tech scene and thriving economy, Austin offers better wages, job numbers, and cost of living compared to many other cities in the country. Its ascent to the top spot reflects the large city’s status as a model for economic success.

Raleigh, North Carolina

SeanPavonePhoto/Adobe tall skylines of raleigh in north carolina at night

Raleigh, often referred to as the "Research Triangle" due to its proximity to several major research universities, ranks second on the list. The city boasts a diverse economy, with a strong focus on technology and innovation. Its robust job growth and access to economic opportunities, particularly in tech industries, contribute to its high ranking. The city scored particularly high for wage growth and job growth.

Boise, Idaho

SeanPavonePhoto/Adobe traffic on streets of idaho

Boise, the capital city of Idaho, secures the third position on the list. With a booming population and healthy job market, Boise offers an attractive combination of affordability and economic opportunity. The city's thriving tech sector and community resilience make it a standout performer. Boise scored high for job growth, wage growth, and internet service access.

Salt Lake City, Utah

SeanPavonePhoto/Adobe salt lake city in utah

Utah has become a hub for multi-billion-dollar startups, and as such it’s no surprise the capital Salt Lake City is the top city in the state. The city shot up 19 spots from last year, owing job growth, housing affordability, and tech impact to its ascent.

Provo-Orem, Utah

Andrew/Adobe Downtown Provo Utah

The second Utah city on the list in the top five, Provo-Orem is also home to several successful startups and has seen tremendous growth over the past couple of years. Impressive scores in internet coverage, job growth, and wage growth saw the city earn this spot in the top five right behind its larger Utah city counterpart.

The rest of the top 10

SeanPavonePhoto/Adobe Lower Broadway Nashville TN USA

6. Nashville, Tennessee
7. Northwest Arkansas
8. Dallas, Texas
9. Olympia, Washington
10. Charlotte, North Carolina

Bottom line

lordn/Adobe Packing boxes

The data from this study provides valuable insights for those looking to relocate or start investing in new areas. Understanding the economic performance of different cities can help stakeholders identify opportunities for growth and development, and policymakers can use this information to formulate strategies aimed at promoting economic prosperity and resilience in their respective communities.

SurveyJunkie Benefits

  • Over $55,000 paid to members daily
  • Earn up to $130 a month taking 4 or more surveys daily
  • $76 million paid out to date
  • 20M+ lifetime members and BBB accreditation

Want to learn how to make an extra $200?

Get proven ways to earn extra cash from your phone, computer, & more with Extra.

You will receive emails from FinanceBuzz.com. Unsubscribe at any time. Privacy Policy

  • Vetted side hustles
  • Exclusive offers to save money daily
  • Expert tips to help manage and escape debt