Northwest Arkansas Ranks High on a List of Best Metro Areas

Published 07/23 2014 04:08PM

Updated 07/23 2014 04:38PM

NORTHWEST ARKANSAS-- Northwest Arkansas has been dubbed one of the best metro areas in the country, according to Forbes Magazine. NWA ranks number 37 out of 200 on Forbes's list of "Best Places for Business and Careers". 

This tops several larger areas like New York, Boston, Phoenix and Washington D.C.

Some factors that put NWA higher on the list include: the 5% unemployment rate, the cost of living that is 9.7% below the national average, and the median cost of homes, which is about $119,000.

Little Rock was also on the list, coming in at number 46.

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