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Madison Ranked #25 Strongest Economy by Businessweek

Posted by Jolenta Averill on Monday, December 7th, 2009 at 6:29pm.

bike path along Lake MendotaIn yet another one of its "best of the best" lists, BusinessWeek magazine recently bestowed another honor upon the City of Madison Wisconsin, ranking it the 25th strongest economy out of all the major metropolitan areas in the United States. 

Oklahoma performed well with Oklahoma City and Tulsa both landing in the top ten and Texas really cleaned up, grabbing five of the top 10 spots with San Antonio finishing #1.

Madison's government and education job base were cited as being "relatively recession-resistant" and home prices grew in Q2'09 compared to the same period a year earlier. 

Read the complete article for a list of the criteria used by the Brookings Institution to determine the overall ranking.

Here is the complete list of the 40 cities with the strongest economies:

  1. San Antonio, TX
  2. Austin-Round Rock, TX
  3. Oklahoma City, OK
  4. Little Rock-North Little Rock-Conway, AR
  5. Dallas-Fort Worth-Arlington, TX
  6. Baton Rouge, LA
  7. Tulsa, OK
  8. Omaha-Council Bluffs, NE-IA
  9. Houston-Sugar Land-Baytown, TX
  10. El Paso, TX
  11. Jackson, MS
  12. McAllen-Edinburg-Mission, TX
  13. Washington-Arlington-Alexandria, DC-VA-MD-WV
  14. Columbia, SC
  15. Pittsburg, PA
  16. Harrisburg-Carlisle, PA
  17. Des Moines-West Des Moines, IA
  18. Virginia Beach-Norfolk-Newport News, VA-NC
  19. Honolulu, HI
  20. Rochester, NY
  21. Buffalo-Niagara Falls, NY
  22. Scranton-Wilkes-Barre, PA
  23. Augusta-Richmond County, GA-SC
  24. Colorado Springs, CO
  25. Madison, WI
  26. Albuquerque, NM
  27. Syracuse, NY
  28. Albany-Schenectady-Troy, NY
  29. Kansas City, MO-KS
  30. Raleigh-Cary, NC
  31. Ogden-Clearfield, UT
  32. Boston-Cambridge-Quincy, MA-NH
  33. New Haven-Milford, CT
  34. Bridgeport-Stamford-Norwalk, CT
  35. Denver-Aurora-Broomfield, CO
  36. Baltimore-Towson, MD
  37. Poughkeepsie-Newburgh-Middletown, NY
  38. Hartford-West Hartford-East Hartford, CT
  39. Indianapolis-Carmel, IN
  40. Memphis, TN-MS-AR

Incidentally, not only does the city of four lakes have incredible lakefront property for sale, but we also have a surprising number of affordable starter homes. To speak to a licensed Realtor specializing in Madison WI real estate, please call Jolenta Averill, Broker|Owner of Lake & City Homes Realty at 608.230.5553 or fill in the short form below and we'll be in touch.

 

 

Hi, and welcome to our Madison real estate blog. Whether you're a consumer, journalist or Realtor, we encourage you to share your thoughts by leaving a comment. Here you'll find relevant local and national real estate information, as well as market statistics, insight, and information about a variety of neighborhoods and real estate listings. If you'd like more information about anything in particular, please use the contact form and I'll be happy to help.

Jolenta Averill, Principal
Lake & City Homes Realty
(563) BUY-SOLD

7 Responses to "Madison Ranked #25 Strongest Economy by Businessweek"

Charlotte Real Estate wrote: <!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd">
<html><body><p>Ahhh...Charlotte didn't make it because we are still dependent on financial service and the worry over the loss of Wachovia is like a hang-over in the business publications. Interestingly, we've created more jobs here, by 25%, through 3 quarters than in 2008. We'll be back!
Stop by for a visit when you get a minute at <a href="http://www.terrymcdonaldrealestate.com/charlotte-real-estate-homes-condos/" rel="nofollow">Charlotte Real Estate Homes and Condos</a>
thanks for the post</p></body></html>

Posted on Tuesday, December 8th, 2009 at 7:59pm.

Lisa In Logan wrote: <!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd">
<html><body><p>Looks like the area next to my market came in at #31, which is good, but too bad my market specifically didn't show up. That would be a nice blog post to support my local community. :) Good news for Madison Wisconsin home sales!</p></body></html>

Posted on Wednesday, December 9th, 2009 at 3:32pm.

Ashlee in Fort Worth wrote: <!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd">
<html><body><p>That is great news for Madison. I am actually from the Dallas/Fort Worth TX area and the list isnt lying. Our economy is still doing pretty good and strong knock on wood!</p></body></html>

Posted on Wednesday, December 9th, 2009 at 10:18pm.

Charles in Las Vegas wrote: <!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd">
<html><body><p>Sadly I think we're on the list of the worse economies. BUT that's good that other areas are showing strong growth and jobs. That means all of those people working hard will need to blow off a little steam and take a nice vacation someplace...like Las Vegas for example! Some friends of ours live in Texas, about 50 miles outside of Austin. Said that it the economy there is pretty decent, so perhaps this is the start of a turnaround for other parts of the country.</p></body></html>

Posted on Sunday, December 20th, 2009 at 5:54pm.

Donald wrote: <!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd">
<html><body><p>Yea, hopefully the econony starts going back up soon. Many businesses have failed, people are out of work, it's terrible.</p></body></html>

Posted on Tuesday, September 14th, 2010 at 5:58am.

You live in an Award-Winning City! « Jenny Swain & Associates wrote: <!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd">
<html><body><p>[...]Places to Start a Small Business
CNN Money “Best Places” / 2009
#25 Strongest Economy
Businessweek / December, 2009
#4 Best Places to Live – Middleton
CNNMoney.com / August 2009
The Top Ten[...]</p></body></html>

Posted on Friday, October 1st, 2010 at 10:14am.

Huntersville NC real estate wrote: <!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd">
<html><body><p>I love it how El Paso is on the list for safest cities and strongest economies. I'd personally rather be in Madison :)</p></body></html>

Posted on Saturday, May 7th, 2011 at 9:57pm.

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