Site & Buildings DatabaseMarket Statistics and Rankings
PEORIA RANKS IN TOP TEN BEST-MANNERED CITIES IN AMERICA
As published in the Chicago Tribune - Peoria has consistently made the Top 10 Best-Mannered Cities in America list as compiled by etiquette expert Marjabelle Young Stewart, who has compiled the list for 28 years.
PEORIA NAMED A TOP LOGISTICS METRO IN THE U.S. BY NATIONAL MAGAZINE
According to the September 2005 issue of Expansion Management magazine, Peoria was named among the top logistics metros in the United States. Rated in the top 20%, designating a “Five Star Logistics Metro” rating, Peoria fared the best in the railroad access category scoring 10th in the country.
ILLINOIS RANKS ON MILKEN INSTITUTE'S 2005 COST OF DOING BUSINESS INDEX
Illinois ranks as No. 12
The Cost-of-Doing-Business Index, released annually by the Milken Institute, indicates each state’s comparative advantages or disadvantages in attracting and retaining businesses. Those states with a low cost of doing business have, on average, greater job growth than those with high costs.
The Index measures wage costs, taxes, electricity costs and real estate costs for industrial and office space. Each state is measured on the five individual categories, and those weighted scores are compiled to make the overall index.
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FORBES RANKS PEORIA NO. 47 ON COST OF DOING BUSINESS INDEX
Forbes magazine ranked Peoria, IL, No. 47 (above Chicago) out of the largest 150 metropolitan areas for Cost of Doing Business in its annual “Best Places for Business and Careers” feature. Peoria was evaluated on the cost of doing business, cost of living, entertainment opportunities and income growth among several other factors including educational attainment in which the area ranked No. 107 overall.
Forbes.com's seventh annual ranking of Best Places for Business and Careers relies on Economy.com, the West Chester, Pa. research firm, which helps weigh business costs (labor, energy, tax and office space expenses) and living costs (housing, transportation, food and other household expenditures). Economy.com also helps assess the education levels of the work force, as well as job and income growth and migration patterns over the past five years. For quality-of-life issues, crime rates are examined, along with a culture-and-leisure index developed by Bertrand Sperling, a consultant in Portland, Oregon who keeps track of museums, theaters, golf courses, sports teams and the like.
PEORIA MAKES 2005 BEST PLACES TO LIVE INDEX
The Peoria Pekin MSA ranks No. 51 on the 2005 Best Places to Live Index out of 331 metropolitan areas in the United States, according to the annual Sperling's Best Places to Live Index.
PEORIA RANKS NO. 33 ON INC. MAGAZINE'S TOP CITY FOR DOING BUSINESS IN AMERICA
Peoria climbs from #59 to #33
For the last two years, Inc. magazine has examined 274 population centers looking for job creation and other signs that businesses are thriving. Inc. has found that the big cities are idling, and the real entrepreneurial hotbeds are on the periphery -- where low costs and favorable regulatory environments make it possible to thrive in a tough economy.
Peoria is ranked #33 (Just below Chicago) on Inc.'s Most Balanced Economy & Growth list, #55 on Medium Sized MSA's for Best Places, and #159 on Overall Best Places.
The rankings are derived from three-month rolling averages of U.S. Bureau of Labor Statistics unadjusted employment data reported from September 1994 to September 2004. The data reflects the North American Industry Classification System categories, including total non-farm employment and jobs in manufacturing, financial services, business and professional services, educational and health services, information, retail and wholesale trade, transportation and utilities, leisure and hospitality, and government. This allowed the focus to be not only on job growth, but on high-wage sectors as well.
PEORIA AMONG THE NATION'S TOP LOGISTICS-FRIENDLY CITIES
Expansion Management releases 4th Annual Logistics Quotient Expansion Management released its 4th annual Logistics Quotient Study with the Peoria-Pekin MSA receiving a 4-Star ranking, placing the region among the top 100 metros.
Now in its 4th year, this is a joint study by the editors of Expansion Management and Logistics Today magazines and compares 331 Metropolitan Statistical Areas (MSA) according to 10 critical logistics categories including climate, work force quality, road conditions, railroad access, water ports, air service and Interstate highway access.
