Each year U.S. News & World Report (USNWR) conducts a survey of American metro regions. They seek the opinions of people who are, or will, or have, recently moved. Alongside the survey, data is collected to showcase the positives and negatives of the Top 100 Places to Live in the USA. San Jose has been ranked Number 3 in the 2017 survey.
San Jose and the entire North Bay region of California has long been one of the top real estate markets in the nation. But there is more to a place than in-demand real estate. There are reasons people want to live in an area, when a community steps up and works together to create a thriving place to be, it really shows. In looking at the data compiled by USNWR, it is easy to see why San Jose would be ranked so high on the list.
According to the USNWR Survey, regardless of the high cost of living. San Jose is a top desirable place to live. The survey covered 5 categories around which American preferences were discerned through the public survey and compiled data from national and local resources. Each category formed an index with a score range of 1-10 possible. Each of the categories was also given its own percentage of weight toward the overall ranking, the weighted scores adding up to a complete 100%.
Listed in order of importance the category scores are:
% of Score Category SJC Ranking
30% Quality of Life 7.7
25% Comfort Value 6.1
20% Jobs Market 8.7
15 Desirability Index 7.7
10 Net Migration 7.0
Combined together through the USNWR methodology, San Jose scored 7.4, behind only Austin, TX and Denver, CO. Much of what San Jose has to offer can be attributed to the character of the region. The historic neighborhoods and buildings such as the Mission style Tower Hall at San Jose State University, help retain a foot in the colorful past, yet new developments are helping to bring the latest innovative solutions, such as urban farming, to the area as well. San Jose can also boast about the biggest demand applied to real estate, location, location, location. This metro region is a prime hub, to live, work and play in, with easy access to other areas around the North Bay, which is always great news for commuters.
With all the diversity and innovative approach to economic and community development, it is no surprise San Jose has a strong jobs market. This metro region is a family of communities, and family is something which plays a big role here too, as over 70% of the population here live within a family household. Our access to incredible recreational outlets and natural resources adds to the desirability of living here too.
Not only is San Jose known as capital of Silicon Valley, the innovative entrepreneurs and creative ingenuity of those within the high-tech industry, have helped to encourage the embracing of many cultures here. People of diverse backgrounds support each other and come together through a huge variety of community events and festivals, opportunities and experiences. On any given hour, at any given day, you can see a snapshot of the world here. Asian and Latino cultures especially have played a big part in the blossoming of San Jose as a wonderful place to live.
If you are ready to sell or buy a home, working with a Realtor® who understands the market and the region, will make for a better experience. We at Haylen Group are here to help you with all your real estate needs! As your agent, we will strive to work together and give you the best support we can. Call Helen Chong at (408) 800-LIST or email at Helen@HaylenGroup.com. You can also visit us at our website for available listings and additional information.