Forbes Magazine votes Pittsburgh is the most livable city – once again.
ByYet another reason that the Pittsburgh market is a great place to invest in real estate. Read an excerpt from the article here….
America’s Most Livable Cities
Francesca Levy, 04.29.10, 06:40 PM EDT
In these affordable metros, jobs are plentiful, crime is low and there are myriad entertainment options.
“Pittsburgh has a really great cultural scene. We have a great ballet and a great symphony that travels the world and performs to packed houses, and there’s a restaurant scene that’s much more diverse than it ever was when I was growing up,” says Wendy Hermann, director of student services for master’s programs and a Pittsburgh native. “And it’s an easier sell, now that the Steelers and Penguins won their respective titles.”
Indeed, Pittsburgh’s art scene, job prospects, safety and affordability make it the most livable city in the country, according to measures studied. The city has rebounded from its manufacturing past. Disused steel mills have been repurposed into multimedia art centers, and amid a struggling national economy, Google ( GOOG – news – people ) Pittsburgh, a test site for the company’s new high-speed broadband network, has expanded its offices to accommodate more hires.
In Depth: America’s Most Livable Cities
Pittsburgh’s strong university presence–the city has over a dozen colleges or campuses–helps bolster its livability. In fact, the key to finding the easiest places to live may be to follow the students. Most of the metros on our list–including Ann Arbor, Mich., Provo, Utah, and Manchester, N.H.–are college towns.
“Universities are large employers in their cities,” says Alexander Von Hoffman, senior fellow at the Joint Center for Housing Studies at Harvard University. “In the long term, not only do you have that employment, but you have an educated population, and you have a large youthful population which tends to be a consuming population.”
Behind the Numbers
In compiling our list, we measured five data points in the country’s 200 largest Metropolitan Statistical Areas: unemployment, crime, income growth, the cost of living, and artistic and cultural opportunities.
To find out where jobs were available and incomes were steadily growing, we ranked cities both by their rate of income growth over the past five years and the current unemployment rate, based on data from the Bureau of Labor Statistics. The stronger the income growth trend and the lower the unemployment, the higher each city ranked. Jobs don’t mean everything, though: A city is more livable if a family’s income goes further. Using cost of living data from Moody‘s ( MCO – news – people ) Economy.com, we ranked cities higher that had lower costs for everyday goods.
Some places are inexpensive, but still not desirable, so we included a measure for crime, using the Federal Bureau of Investigation’s and Sperling’s Best Places reports on the number of crimes per 100,000 residents, ranking low-crime cities higher. We also considered a thriving local culture crucial to livability, so we gave higher rankings to cities that scored highly on the Arts & Leisure index created by Sperling’s Best Places. We averaged the rankings for each of these metrics to arrive at a final score.

