Business magazine Forbes notes that the U.S. economy is showing anemic wage growth and slow recovery from the recession, but the good news is that there are places with strong business climates that are fueled by low costs and educated labor forces.
With that in mind, Forbes singled out top locations in its annual list of the
Best Places for Business and Careers.
Coming in at no. 23 is the Minneapolis-St. Paul area, including Bloomington. The article noted that the Twin Cities are rich with quaint neighborhoods, arts and culture, and natural resources. The median household income, the magazine notes, is about $63,000.
Duluth also got a nod, at no. 115 on the list, with a median household income of about $43,000.
Topping the list was Des Moines, Iowa, which was highlighted thanks to expansion there by major companies like Wells Fargo, Facebook, and Microsoft.