Tuesday, February 11, 2014

The Top Ten Cities of 2014

Whether it is the warm weather, job opportunities or the cheap cost of living; these are the top 10 cities Americans are moving to according to Penske Truck Rental's annual list for 2014


Charter Private Jet to Atlanta GA

1. Atlanta, GA:  Even though it was hit hard by the rescission Atlanta has been in the #1 slot for the past 4 years. Home to Coca-Cola, Home Depot and a dozen other top 500 companies the job opportunities are endless. It is also cheap, about less than half the cost of Manhattan. 

Income: $66,300
Home Price: $166,000
Home Price Growth: 5.3%

2. Tampa, FL: Beaches, boating and baseball are among the top reasons people come to Tampa. It is home to several spring training camps for baseball and MacDill Air Force Base. 

Income: $56,800
Home Price: $129,000
Home Price Growth: 6.5%


3. Dallas, TX: Fast growing Dallas is the 9th biggest city in the country. It is home to many tech companies such as Texas Instruments and AT&T. It is being referred to as the "Silicon Prairie."

Income: $69,000
Home Price: $208,000
Home Price Growth: 4%

planning a trip from naperville to disney world

4. Orlando, FL: When the economy is strong and vacations are much needed, Orlando flourishes. Home to Walt Disney World, Universal Studios, and Sea World tourism jobs attract many newcomers. It is about 10% less cost wise than Miami which is more attractive to buyers. 

Income: $58,500
Home Price: $153,000
Home Price Growth: 2.9%
Wal-Mart Supercenter

5. Phoenix, AZ: Phoenix was the hardest hit cities in the nation when the housing bubble burst. Not sun-seeking home buyers are scooping up homes at bargain basement prices. Among the top employers in the area are Wal-Mart, Intel, Wells Fargo, and Bank of America. 

Income: $62,200
Home Price: $187,000
Home Price Growth: 4.3%

6. Houston, TX: The oil and gas industry has kept Houston's economy humming. ExxonMobil is opening a facility next year that is expected to employ about 10,000 workers which will bring in a lot of home buyers. 

Income: $66,200
Home Price: $190,000
Home Price Growth: 3.9%

7. Seattle, WA: It may have plenty of gray, rainy days but is also has some great coffee, music, and most importantly jobs. Home to Microsoft, Amazon, Boeing, and Starbucks, Seattle has become an economic powerhouse attracting all types of workers. 


Income: $86,700
Home Price: $343,000
Home Price Growth: 5.2%

8. Chicago, IL: With parks, museums, and an active night life, the "Windy City: offers some of New York's vitality but at a much lower cost. People moving from Chicago to Manhattan will spend 25% less on groceries and 70% less on housing. 


Income: $73,400
Home Price: $210,000
Home Price Growth: 2.7%

9. Denver, CO: Outdoorsy Denver consistently ranks as one of the healthiest and most active places in the nation. With the Rocky Mountains, skiers, mountain bikers and hikers all flock to the "Mile High City." The economy is strong with unemployment falling to 5.8% which is well under the national rate. 

Income: $77,800
Home Price: $263,000
Home Price Growth:  2.7%

10. Las Vegas, NV: Gaming, tourism and conventions dominate Vegas's economy and for better or worse so does real-estate. Home to many hospitality workers, entertainers and retirees the city was the poster child of foreclosure crisis and is just now making a major comeback. 

Income: $63,100
Home Price: $175,000
Home Price Growth: 5.4%




Information brought to you by: CNN Money

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