Our residents at Arcadia Run already know that Manassas is a great place to live and work, and thanks to a recent ranking by popular consumer advocacy website NerdWallet, the nation knows it now, too.
Nerdwallet recently analyzed 109 major cities in Virginia to find the best for job seekers, and Manassas ranked at an impressive number five. For this analysis, Nerdwallet looked at several key factors: population growth of those 16 years old and older, median household income, and the unemployment rate in the city. Here’s how Manassas stacked up:
• From 2009 to 2011, the population change in Manassas of those 16 years and older was 10.1%. This was the fourth highest population change of the top 10 Virginia cites.
• The median household income for Manassas residents, as of 2011, was $73,091 – substantially higher than the national median household income at that time of $50,502 and the Virginia median of $61,882.
• The 2013 unemployment rate is a relatively low 6.0%
The analysis also pointed out Manassas City Council’s efforts to boost the local economy through Technology Zone, a citywide program that offers incentives to new or expanding businesses. NerdWallet also called attention to the principal employers in the city, including Lockheed Martin, Prince William Health System and Micron Technology.
Economists and consumers alike cheered the recent news that the national unemployment rate in November fell to a five-year low of 7 percent. This is great news for the national economy, which continues to slowly but fairly steadily recover from the recession. Virginia’s statewide unemployment rate in October, the most recent month that data was available, was 5.6% – substantially lower than the national unemployment rate in October of 7.3%.
Manassas isn’t just a great place for those looking for work – it’s a great place for those who want to make the most of where they live, too. With its proximity to Washington, D.C., idyllic downtown and excellent variety of shopping, dining and recreation options, Manassas truly offers the whole package.
For the job seeker in Manassas who also seeks the perfect place to live, Arcadia Run apartments are at the crossroads of luxury and convenience. In addition to its ideal location in Manassas, Arcadia Run offers its residents top-notch features and various amenities. Whether you’re interested in Manassas for its job desirability, for its location, or for its charm, Arcadia Run provides a dream apartment for any renter.
SOUCES: Nerdwallet.com, Bureau of Labor Statistics, census.gov