In 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.

 

 

Posted by Jolenta Averill on
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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/">Charlotte Real Estate Homes and Condos</a>
thanks for the post

Posted by Charlotte Real Estate on Tuesday, December 8th, 2009 at 7:59pm

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!

Posted by Lisa In Logan on Wednesday, December 9th, 2009 at 3:32pm

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!

Posted by Ashlee in Fort Worth on Wednesday, December 9th, 2009 at 10:18pm

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.

Posted by Charles in Las Vegas on Sunday, December 20th, 2009 at 5:54pm

Yea, hopefully the econony starts going back up soon. Many businesses have failed, people are out of work, it's terrible.

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

I love it how El Paso is on the list for safest cities and strongest economies. I'd personally rather be in Madison :)

Posted by Huntersville NC real estate on Saturday, May 7th, 2011 at 9:57pm

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