Northwest Living | Bellingham Real Estate Market

December 19, 2006

Seattle, WA Rated Smartest City in America

Filed under: All Posts, Seattle WA, Northwest, Washington, Oregon, Relocation — Jerry @ 10:56 am

Graduation Hat Seattle WA  Money Magazine just released its ratings for the smartest cities in America.  Sitting at the top spot this year was our own Seattle, WA for being the smartest city in America based on 52.7 percent of its residents having undergraduate degrees. 

 With more than half of Seattle area residents completing college degrees, it beat out San Francisco, CA with 50.1 percent.  Rounding out the top five were Raleigh, NC at 50.1 percent, Washington DC at 45.3 percent and Austin, TX at 44.1precent. 

The computer software industry headquartered in the Pacific Northwest soaks up thousands of educated workers. Degrees in computer science and engineering are especially in high demand. Another Northwest city topped a second survey with Salem, Oregon being America’s fastest-appreciating housing market where prices grew by 24.7 percent year over year. Oregon’s capital city outpaced every city in America in percentage increase in the median house prices over a one year period ending September 30, 2006.  Most of the five cities with the largest gains in home prices were either near or below the nation’s median house price of about $225,000. The only city with a median price above $300,000 that recorded a double-digit price increase in the 12 months ended September 30 was Seattle, WA (median price $372,400), where prices rose 14.6 percent. Travel to the Pacific Northwest sometime and you’ll see why this area of the country is in such high demand with it’s beautiful natural setting, snow capped mountains, many flowing rivers and the Puget Sound.  I hear the coffee is pretty good to.  Congratulations Seattle, Washington for being the smartest city in all of America.

Jerry Campbell - Muljat Group - Bellingham WA - Bellingham WA Real Estate

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