Unless you live in one, your first question may be: “What’s a Micropolitan?”
According to the Office of Management and Budget (OMB) a Micropolitan Statistical Area (μSA) is a labor market area in the United States centered on an urban cluster (urban area, city) with a population of at least 10,000 but fewer than 50,000 people. This includes places like Burlington, IA; Paris, TX; Brookings, SD; Bozeman, MT and Ellensburg, WA.
Once considered “rural” areas, these locations are finally getting credit for being centers of economic growth, as well as great places to live. However, some are doing better than others. Annual rankings published by Policom and Site Selection Magazine (Conway Data) focus on these areas’ economic strength (Policom) and number of new qualifying economic development projects (Site Selection).
So how does your Micropolitan rank? Here’s the top ten:
|Ranking||Policom Rank||Site Selection Rank|
|1||Bozeman, MT||Findlay, OH|
|2||Lewisburg, PA||Batavia, NY|
|3||Truckee-Grass Valley, CA||Wooster, OH|
|4||Traverse City, MI||Shelby, NC|
|5||Wooster, OH||T-5 Cullman, AL|
|6||Andrews, TX||T-5 Richmond-Brea, KY|
|7||Durango, CO||T-7 Ashland, OH|
|8||Edwards, CO||T-7 Manitowoc, WI|
|9||Kapaa, HI||Jefferson, GA|
So what if you don’t like your ranking? That’s where our firm comes in. Our economic development consultant team specializes in working with Micropolitans. Let us help you become a Micgrowpolitan™!