Miami Ranked Best City in U.S. for Job Seekers

by Isaac Benmergui, Esq on August 29, 2017

MiamiIndeed ranked the major metro areas in the U.S. for job growth, and three cities in Florida took spots in the top ten best places for job seekers. Miami took the top spot, followed by Orlando at number two. Jacksonville ranked seventh.

Cities were ranked based on four categories, including job market favorability, salary weighted for cost of living, work/life balance, and advancement opportunities. Researchers noted that more people are leaving the northeast and midwest to take advantage of places where these factors collide, like Florida.

“In today’s America, economic opportunity is migrating from the northeast and midwest to Florida, California, and Texas,” said Paul D’Arcy, senior vice president at Indeed. “For job seekers looking for opportunity, good pay, job security, and work-life balance, the most attractive cities are in the warm, sunny, and fast-growing cities of the south and southwest.”

Those job seekers looking to move to Florida will find that buying is cheaper than renting with a median of $1,900 a month for a two-bedroom apartment in Miami. However, finding a home under $350k is hard for first-time homebuyers. Condos are a good alternative to the scarcity of single-family homes and the cost of apartments, but much of the inventory right now is luxury housing.

Part of the tightening in the housing market is due to Millennials finally starting to look for homes. Another problem is lack of supply of new housing, which is driven by a lack of land and land prices, labor shortages, and an increase in the price of lumber.

Call Miami Real Estate Lawyer Isaac Benmergui at 305.397.8547 and set up a no charge, no obligation consultation to discuss your case. We have over a decade of experience handling Real Estate and Civil Litigation cases throughout Miami and South Florida, and will use our expertise to help your case to the best of our abilities.

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