Houston, the Most Resilient American City in Finances and Money
Home city pride is great, but it can be a little bias. Sometimes, it takes raw objectives facts and data to explain why a certain city really is one of the best in the country. Houston is one of the best cities to live in in the United States. Houston real estate has remained top-tier through the recession, and those effects are still playing out today. What makes Houston so great financially?
Low Unemployment
The famous Gallup poll reported that in March 2014, Houston was the number one in job creation. This averages out across all industries in the metropolitan area. This type of job growth and low unemployment has ramifications throughout all of Houston. Crime is low because more people have jobs. The infrastructure is strong and budgeting is kept modest.
Diversity and Food
Census data reports that Houston is the most ethnically diverse city in the United States. This makes sense given its low rate of unemployment. This fact is also made very obvious when looking at the range of foods available within the city. Most consider Houston the most expressive in its food selections. A breadth of food types, both extremely organic or pure beef, are standard in the city. It is a lot different than, say, Dallas. Dallas is known for its very barbecued beef-centric style. Houston attracts a wide range of cultures, statistically the widest range in the United States. A look at any houston neighborhood guide will give away the complexity and diversity of the city with its various styles of home and street names.
25 Businesses and Counting
Houston also has a prosperous high business profile. Roughly 26 Fortune 500 companies are based in Houston. This brings millions of jobs into the city. Houston’s 26 companies is ahead of its neighboring city of Dallas with its reasonable 19 top companies. The spread of big business and financial prosperity makes sense given the city’s low unemployment.
Houston is resilient against the recession the crippled other cities. Its basis in diversity and big business has made a captivating draw for Americans. People want to live in this majestic city, surrounded by successful enterprises and cultural diversity.
