Report: Opelika Ranks 5th in the U.S. for Economic Growth Potential

Opelika Ranks 5th in the U.S. for Economic Growth Potential

Opelika, Alabama’s year-round climate pleasant, but that’s not all. The city’s economic climate shows promise, enough to match the sunny conditions the area is known for. According to a new report by Business Facilities Magazine, Opelika ranks 5th in the U.S. for economic growth potential.

The Report

Opelika secured its ranking in Business Facilities’ 2019 Metro Ranking Report. The report used a number of metrics that looked at the city’s ongoing economic development. Metrics in the report included job growth, cities with economic growth potential, technology opportunities, and more.

Further Accolades

Opelika ranks 5th in the U.S. for economic growth potential. In addition, the city is among the top MSAs in Alabama for population growth, according to the Public Affairs Research Council of Alabama (PARCA). Opelika has seen a sizable uptick in population. This uptick earned the city PARCA’s distinction as having the second fastest growth rate in the state. Opelika has also been named the third largest Alabama MSA for population growth. Opelika has accrued 23,641 more residents since 2010.

A Thriving State

Opelika is not the only place to shine in Business Facilities’ reports. Alabama also earned top marks in Business Facilities’ 15th Annual State Rankings Report for economic growth potential. Alabama secured silver in the category of Workforce Training Leaders. It earned bronze in Best Business Climate, and it ranked fourth in FTZ activity (exports). Alabama also came in a solid fifth ranking in Economic Growth Potential and Top Manufacturing States. It earned a placement in sixth for Automotive Manufacturing Strength.

Summary

Opelika seems to have quite the promising future for economic growth and beyond. If you’re looking to move to the area, or are just in the mood for a change in scenery, Tree Tops Apartment Homes may be the place for you. Visit our website to get a rundown of all our amenities, floor plans, and other features that will complement your lifestyle!

And be sure to keep returning to our blog, as we will periodically update it with news, events, and other information pertinent to you and your time in the Auburn-Opelika area!