Here's an interesting piece from today's paper...
A smart place to live? Right here
Robyn Russo, Times Staff
05/11/2006
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from: Beaver County Times / Allegheny Times
The Times File / Lucy Schaly
Maybe it isn't the most glamorous place. Maybe it's not the most hip locale. Maybe it's known more for mullets than haute couture.
But Pittsburgh, says one financial magazine, sure is a smart place to call home.
The city landed in the top 10 on Kiplinger's Personal Finance magazine's "Smart Cities" list. The city was ranked ninth among 50 smart cities nationwide, with Kiplinger's editors basing the ranking on housing prices, economic vitality, and access to health care, the arts, education and recreational opportunities.
Robert Frick, the magazine's senior editor, said research began on the list last year by surveying readers about what factors they would use in picking "an ideal place to live." Since the readership tends to be fairly wealthy and well educated, but interested in making smart financial decisions, Frick said it wasn't surprising the top two factors readers listed were cost of living and cost of housing.
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Frick, who grew up near State College, Pa., said he was a little surprised Pittsburgh ranked high during its initial research, but when he sent a staffer to spend a few days in the city, he came back "raving" about the trip. Pittsburgh real estate also helped its ranking, with low median home prices.
Even in the city's upscale neighborhoods such as Shadyside, median house prices are under $200,000, according to the Kiplinger article, a steal compared to the million dollars or more needed to buy a house in the swankier sections of New York or Washington, D.C.
"For a city its size, Pittsburgh is an amazing bargain," Frick said.
Matthew Marlin, an economics professor at Duquesne University, said he was quite surprised when he first saw the list. The region's high property tax rates and "fat public sector," Marlin said, could turn people off, although the high concentration of universities probably makes up for such faults for those in medical or scientific fields.
And Marlin, who is from the South and has lived all over the country, said Pittsburgh's current residents certainly seem pleased, noting that people from here never seem to leave.
Kiplinger's list isn't the only place where Pittsburgh has received accolades recently A 2004 Esquire magazine list listed Pittsburgh as the top "city that rocks," or city with the best music scene - although obvious music havens New York City, Los Angeles and Austin, Texas, were excluded in that ranking. Plus, after three years on the bottom of Forbes magazine's list of cities for singles, Pittsburgh climbed to No. 29 on last year's ranking.
But that doesn't mean Pittsburgh's escaped any negative image, especially when it comes to young people looking for a sexy, trendy place to settle. The Forbes list, for instance, included only 40 cities, meaning Pittsburgh is still in the bottom half.
Frick said of the five demographic groups - singles, young couples, families, empty-nesters and retirees - Pittsburgh was most attractive to two of the older categories, families and retirees.
But Frick said job growth, predicted at 10 percent by 2010, soon could make the city "... a Mecca for people just starting their careers."
Frick said if the economy continues to rebound at its current rate, Pittsburgh could even end up like Philadelphia, where the economic renaissance has gone so far that its cost of living "priced it out" of the magazine's top 10.
And where was Cleveland on the smart cities list? It didn't even get a ranking, Frick said.
Robyn Russo can be reached online at
rrusso@timesonline.com.
©Beaver County Times Allegheny Times 2006