Grant Suneson 24/7 Wall Street Published 11:25 p.m. UTC Aug 24, 2018 Each year, hundreds of thousands of Americans leave their hometowns and move to a new place. Some go for education and others for career opportunities. Some elderly Americans head to warmer climates to enjoy their retirement. No matter the reason, moving is rarely easy, and often can be rather expensive. Packing up all of one’s belongings and relocating to a different part of the state or the country is not an option for everyone. Moving is challenging, time consuming, and costly. The average cost of moving to a large city is at least $1,200. In one case the average is more than $1,500. And that figure only includes direct moving expenses such as truck rental, hired help, and fuel for the journey. That figure does not take into account the largest single expense when moving to a new place -- the price of place being moved into. The average price of the security deposit and one month’s rent in the … [Read more...] about Factoring in moving costs and rent, here are the 25 most expensive US cities to move to
Largest us cities 2016
Samuel Stebbins, Evan Comen and Michael B. Sauter 24/7 Wall Street Published 8:07 p.m. UTC Aug 7, 2018 Income in the United States tends to grow more rapidly in and around major cities than in more rural areas. Real personal income in U.S. metro areas increased by 1.3 percent in 2016, six times the 0.2 percent growth in non-metro areas. Urban economies vary by size, industrial composition, and presence of natural resources, and are each unique. And as such, income growth is not even from city to city. Across the United States — in both urban and rural areas — per capita income climbed 0.4 percent in 2016. In some cities, however, per capita income growth topped 3 percent — with one metro area reporting per capita income growth above 6%. 24/7 Wall Street reviewed one-year change in per capita incomes in U.S. metro areas to identify the cities where incomes are growing the fastest. Per capita income is total personal income divided by the population. … [Read more...] about US cities where incomes are growing at the fastest pace
Michael B. Sauter 24/7 Wall Street Published 12:00 p.m. UTC Jul 5, 2018 Each year, roughly 40 million Americans, or about 14% of the U.S. population, move at least once. Much of that movement includes younger people relocating within cities, but it is trends of Americans moving to warmer climates, more affordable areas, and better job opportunities that have largely determined migration patterns in recent decades. Because of those long-term patterns, as well as the recent period of economic recovery, cities in some parts of the country have lost tens of thousands of residents. To find the 50 U.S. metropolitan areas that have had the largest net decline in population as a result of migration between 2010 and 2017, 24/7 Wall Street reviewed population figures from the U.S. Census Bureau’s Population Estimates Program. The 50 cities where the most people are moving away from can primarily be found in the Northeast, Midwest, and West Coast, particularly in states like … [Read more...] about Population migration patterns: US cities Americans are abandoning
Andy Kiersz, provided by Published 9:00 am, Wednesday, April 25, 2018 Courtesy of TripAdvisor The US economy varies in its biggest cities. Metro areas such as San Francisco, Seattle, Austin, and San Jose have particularly strong economies; Cleveland, Virginia Beach, and Providence are much weaker. That's according to our ranking, which ranks metro areas by taking into account their unemployment rate, average weekly wage, job growth rate, GDP per capita, and GDP growth rate. The source of America's prosperity is its big cities. Business Insider combined five measures of labor-market and general economic health for the 40 metropolitan statistical areas with the biggest 2017 populations to get a sense of where those big cities' economies stand. Those measures were the unemployment rate, average weekly wage, job growth rate, GDP per capita, and GDP growth rate. By putting those on a common scale and combining them, we were able to get a picture of the overall state of … [Read more...] about The economies of the 40 biggest US cities, ranked from worst to best
WASHINGTON — Dozens of cities are working frantically to land Amazon's second headquarters, raising a weighty question with no easy answer: Is it worth it? Amazon is promising $5 billion of investment and 50,000 jobs over the next decade and a half. Yet the winning city would have to provide Amazon with generous tax breaks and other incentives that can erode a city's tax base. Most economists say the answer is a qualified yes — that an Amazon headquarters is a rare case in which a package of at least modest enticements could repay a city over time. That's particularly true compared with other projects that often receive public financial aid, from sports stadiums to the Olympics to manufacturing plants, which generally return lesser, if any, benefits over the long run. For the right city, winning Amazon's second headquarters could help it attain the rarefied status of "tech hub," with the prospect of highly skilled, well-paid workers by the thousands spending freely, … [Read more...] about Big question for US cities: Is Amazon’s HQ2 worth the price?