There’s some awesome news for the Bluegrass region. In the September issue of Realtor® Magazine, Lexington, Kentucky is ranked as one of the Six Cities That Boast the Best Value!
Six Cities That Boast the Best Value! - Lexington homes
The ranking actually came from Kiplinger’s Personal Finance magazine, which recently measured ten metro areas by best “value” by factoring in the low cost of living, strong economy, personal amenities, unemployment rate and median household income, among other factors. Lexington made the top 10!
For Lexington:
- Our unemployment rate is 7.8%
- Cost-of-living index is 89.1
- Median household income is $48,158
In case you were wondering, the other top cities are:
- Omaha, Nebraska
- Charlotte, North Carolina
- Nashville, Tennessee
- Colorado Springs, Colorado
- Knoxville, Tennessee
- Lexington, Kentucky
What else did Kiplinger say about our big “small town”?
“Lexington’s diversified economy has largely shielded it from the ravages of recession. The University of Kentucky, the area’s largest employer, recently opened a major new wing to its hospital, fueling the already-thriving local health care sector; other big employers include Lexmark and Toyota. A commercial development department at the university and an active local network of angel investors provides fertile ground for start-ups.”
As a lifelong resident of Lexington and a Realtor® selling Lexington homes, I can attest to the high quality of life offered in the area. Having an exceptional educational system and one of the most highly educated workforces in America, Lexington is consistently ranked as one of the nation’s best as a place to work, start a business or raise a family. There are also many ways available to plug into a wide range of social, cultural and professional scenes. If you’re thinking about making the move to Lexington, give me a call. I’d be happy to pass along some information to you about our region or help you find your new Lexington home.
