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Work Downtown? You're doing well, according to Forbes. |  |
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 | By Jeff Sherman   OnMilwaukee.com Staff Writer Photography by Jeff Sherman E-mail author | Author bio More articles by Jeff Sherman |
| Published Aug. 27, 2008 at 12:20 p.m. |
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Forbes.com has published yet another list, and this one ranks Milwaukee as the ninth best city in the United States to earn a living. Houston was No. 1.
As part of the Aug. 18 story, Matt Woolsey wrote:
"There is far more to Milwaukee than a bottling job at the Miller Brewing Company. Despite the city's proximity to the northern Midwest, Milwaukee has a below-average unemployment rate of 5.3%, a median salary at $55,600 that ranks it at about the national median, and a low cost of living."
Forbes looked at "at the country's 40 largest census-defined metros and gauged the quality of the business environment by how many of the Forbes' 400 best big companies and 200 best small companies were headquartered there."
Forbes also looked "at each metro's median incomes, collected from the U.S. Census Bureau, compared them to cost of living (provided by the Council for Community and Economic Research), and factored in job-growth forecasts from Moody's Economy.com."
This is the third time in less than two months that Forbes has recognized Milwaukee. On July 9 Forbes ranked Milwaukee No. 9 in its "Best Cities For Young Professionals" list, beating out such places as Seattle, Denver, Atlanta, Dallas and Los Angeles. On June 30, the Milwaukee region claimed two of the top 10 spots as Forbes declared Ozaukee and Waukesha counties as the second and eighth "Best Places in the U.S. to raise a family."
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9 comments about this article. Post a comment / write a review. |
Recent Talkbacks ...
Posted by sas_tarr on Aug. 28, 2008 at 11:04 a.m. (report)
Why do they do it to us? The more recognition, the more odd falks will come here and it won't be as good as before. I'll tell you 1 thing, it's cold here! And another thing is that all roads here are either under construction or traffic jammed. Plz consider staying where you are.
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Posted by Downtowner on Aug. 28, 2008 at 9:32 a.m. (report)
Dig a bit deeper, and you'll see that the Milwaukee area is affordable, well situated and easy to live in. Thus, a great city and metro area to "earn a living in." Some, yes, live in the definition of "poverty." Too many. But, I bet many in this class have TVs, cars, cable, washers, dryers and other "luxury items." Hmmmm. We all have a responsibility to give back, do well and improve our lives and those of our children. If you have the means, give to causes and people that you care about. Milwaukee is a great city, but we can all do more.
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Posted by curlyboy1978 on Aug. 28, 2008 at 8:48 a.m. (report)
Nextquestion - they are talking the overall metro area not just the city of Milwaukee. As someone pointed out earlier, if you took the city of Milwaukee alone it has the 7th highest poverty rate in the country. But Waukesha County is in the top 5 wealthiest counties in the country so overall the metro area is good. That is why I praise anyone who gets involved in helping the poor innercity areas because most of the metro area acts like poverty doesn't exist.
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Posted by gymdawg on Aug. 28, 2008 at 8:46 a.m. (report)
"quality of the business environment"--Well, that just can't be! We're such a tax hell!! Shhh!! Don't let the right wing squawkers know about this!
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Posted by nextquestion on Aug. 28, 2008 at 8:10 a.m. (report)
These numbers sound like BS to me. They may be true in a few particular sectors of the city, but as someone who works on the neighborhood level as an organizer, I know we have much higher unemployment and lower income across huge swaths of this city. "one of the best cities to earn a living"--for WHO? Very particular demographics, maybe.
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