Las Cruces, New Mexico continues to rank among the top cities to live and work in the United States. The Milken Institute, an independent think tank, has ranked Las Cruces #9 on their 2009 list of Best Performing Small Cities.
The rating is based on a variety of factors. The primary factors that moved Las Cruces and Dona Ana County into the top ten were job creation and job sustainability. This is great news for Las Cruces. While most of the country is suffering from double-digit unemployment, the report states that Las Cruces experienced 1.6 percent job growth between 2007 and 2008..
Here are a few of the reasons that the Milken Institute sited for the strength of the Las Cruces area:
- Impending construction of the Spaceport America
- Low cost of doing business
- Close proximity to the consumer and business markets of border cities
- Growing reputation as a retirement destination
- Aerospace & space related research taking place
- Strong real estate market
“New Mexico State University (NMSU), White Sands Missile Range and NASA White Sands Test Facility continue to be the economic engines of the region,” the report states. “With the growing aerospace engineering program at NMSU attracting aerospace firms … Las Cruces is becoming a major player and top location for aerospace and space related technology R&D firms.”
A strong job market and strong economy make Las Cruces a perfect place to relocate or retire. Picacho Mountain offers exquisite custom homes in Las Cruces, New Mexico. Contact us today at 575-523-2500 to find out more about Las Cruces and New Mexico Real Estate.
Las Cruces, New mexico is one of the best places to live. Reports like this continue to confirm that!