North Texas continues to be know for its diversity of industry and business-friendly environment which has lead to dozens of major corporate moves over the past quarter of a century. However, companies move here for more than lower taxes; they look at the quality of life North Texas has to offer their employees. On top of the typically delightful weather, vast open spaces and a booming tourism and entertainment industry, North Texas boasts a low cost of living as one of its many perks. No state income tax, low energy costs and cheaper gas prices all factor in.
Our region’s third largest city, Arlington, is now being recognized as one of the top 10 best cities to live in for your financial future according to GOBankingRates. The organization conducted a survey of the best and worst cities for financial savings examining factors such as sales tax, median home/condo value, median monthly rent, median income, gas prices and unemployment. For the full article, click here.
About Arlington, Texas
Located strategically between Dallas and Fort Worth, Arlington is home to more than 379,000 people, the Texas Rangers and AT&T Stadium who hosted Super Bowl XLV, the 2014 NCAA Men’s Final Four and the inaugural year of the College Football Playoff National Championship. Arlington made the list with a sales tax rate of 8 percent, a median house/condo value of $129,000 and an unemployment rate of 5 percent. Arlington was also named as one of the best places to buy a home in 2014 by Forbes, as as the fourth-best city to find a job in by WalletHub.