McAllen Accolades

McAllen, Edinburg, Mission #4 in Overall Economic Performance and Job Creation
Leaders in this year’s index, which ranks U.S. metros based on their ability to create and sustain jobs, are all metros that were shielded from losses in the production of capital equipment and consumer durable goods. Diversified technology bases, including high-tech manufacturing; reliance on service industries; having a large military presence and a relatively small presence of financial services were common characteristics in this year’s top performers.

The 2010 top 10 performers (with 2009 rankings) of the 200 largest metros: Where America’s Jobs Are Created and Sustained 4.6 MB PDF

1. Killeen-Temple-Fort Hood, TX (2)
2. Austin-Round Rock, TX (1)
3. Huntsville, AL (8)
4. McAllen-Edinburg-Mission, TX (4)
5. Kennewick-Richland-Pasco, WA (n.a.)
6. Washington-Arl.-Alex., DC-VA-MD-WV (25)
7. Raleigh-Cary, NC (10)
8. Anchorage, AK (40)
9. El Paso, TX (14)
10. Houston-Sugar Land-Baytown, TX (5)

• McAllen: One of the top recession-proof cities in the U.S. – MetroMonitor, Brookings Institute

• McAllen ranks in top 11 cities for beating the recession; longest period of job growth –
MetroMonitor, Brookings Institute June 2010

• McAllen ranked one of the top 10 Mid-markets of the decade – Southern Business and Development

• RelocateAmerica.com ranks McAllen top 10 city to live in 2010

• McAllen Public Utility received a Bond Rating Upgrade to AA+

• McAllen was rated as Fastest Growing Real Estate Market – CNNMoney.com

• McAllen economy posted strong growth in construction manufacturing and professional and business services sections – Texas Business – Cycle Index Dallas Federal Reserve Bank

• McAllen was named Strongest Housing Market in United State – Moody’s Economy.com

• McAllen Ranked #7 Best Performing Cities in 2008 – Milken Institute

• McAllen Projected Housing Price Increases: (Fortune Magazine) 2.8% in 2009, 8% in 2010

• McAllen Ranked Top 50 of Top 300 Best Places to Live by Money Magazine

• McAllen Ranked Top 25 Cities for Business in United States and Top 3 in Texas by Outlook Magazine on business environment and quality of life

• McAllen Ranked Top 5 Best Mid-Size Cities for Small Business – Entrepreneur Magazine

• McAllen Ranked #1 Lowest Cost City in White to do Business in the Nation – Forbes

• Magazine McAllen Ranked Top 25 Places to Start a New Business – Forbes Magazine

• McAllen Ranked Third Lowest Cost of Living in the Nation – ACCRA 2007