Money magazine online list ranks Franklin 66 out of 100 'Best Places to Live' while comparing small US cities. The list is due in the magazine's August issue.
A NEW CNN/Money magazine online list ranks Franklin 66 out of 100 “Best Places to Live” while comparing small US cities. The list is due in the magazine’s August issue. The magazine aims at using the information provided by data provider Onboard Informatics to compare population, median income, sales tax and other issues.
Last year, a magazine ranked Franklin as the fifth-best small town in its Readers’ Choice Awards. The Hamilton County town of 69,000 residents came in eighth on this year's list, after being tenth in 2008. The Money magazine ranked 746 towns with populations between 50,000 and 300,000, narrowing the list based on criteria such as housing prices, schools, safety, health care and diversity. As per the magazine’s website, economic factors carried the most sway.
Fishers' unemployment rate was put at 6.2 percent by the magazine, much below the state and national averages. And Fishers' job growth rate during the past decade, at nearly 41 percent, outpaced the "Best Places" average of 15.71 percent. Fishers also has recently appeared on America's twenty five Best Places to Move rankings by Forbes magazine in 2009 and the Best Affordable Suburbs in America list in BusinessWeek magazine in 2010.
The factors that contributed to making Fishers the eighth best place to live were a combination of inexpensive housing, ease of access to Indianapolis, low crime and good schools.