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Wall St. 24/7 study was based on a range of variables, including crime rates, employment growth, access to restaurants and attractions, educational attainment, and housing affordability.
By Toby Tobin
Palm Coast City Hall, PALM COAST, FL – November 9, 2015 – As reported in the Orlando Business Journal, a 24/7 Wall St. study ranked Palm Coast among the 50 Best Cities to Live. Palm Coast ranked #39.
The study acknowledged that Florida was hit by the housing crisis more than most other states and that Palm Coast suffered as well with an unemployment rate at 7.4%. On the other hand, strong job growth continues to draw people to Palm Coast. Palm Coast’s job growth from 2012 through 2014 was 5%, according to the study, compared to the 1.8% national rate. The city’s population has grown 14.8% over the past five years, more than double the national growth rate.
Four other Florida cities made the list:
Cape Coral #27
Pembroke Pines #29
Boca Raton #37
Palm Coast #39
Port St. Lucie #40
Palm Coast statistics cited by the study include:
Median home value: $159,300
Poverty rate: 10.6%
Pct. with at least a bachelor’s degree: 18.4%
Amenities per 100,000 residents: 160.2