Best-Performing Cities
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Large Cities 2015

Richmond, VA Metropolitan Statistical Area

Overall Rank: 83      Population: 1,271,140

The 2015 Milken Institute Best-Performing Cities Index ranks U.S. metropolitan areas by how well they are creating and sustaining jobs and economic growth. The components include job, wage and salary, and technology growth. In most years, these give a good indication of the underlying structural performance of regional economics.

Metro's Performance in Each Index Component

Component 2011 2012 2013 2014 2015 2016 Score/
Value
5-yr Job Growth1 98  89  75  72  84  72  101.17 
1-yr Job Growth2 94  74  61  111  116  61  100.82 
5-yr Wages & Salaries Growth3 93  118  107  116  124  117  96.48 
1-yr Wages & Salaries Growth4 125  99  94  105  118  142  98.68 
Short-Term Job Growth5 185  124  153  70  179  17  10195.00% 
5-yr Relative HT GDP Growth6 83  46  154  152  169  165  85.16 
1-yr Relative HT GDP Growth7 60  15  191  139  149  86  99.19 
High-Tech GDP LQ8 97  87  117  130  123  122  0.62 
# of HT GDP LQs Over 19 70  47  91  129  89  84  4.0 

2014-2015 Growth Comparison (by score)