| Published February 5th, 2020 | Orinda makes the list of America's best cities | | By Sora O'Doherty | | | City Manager Steve Salomon included in his Jan. 21 report to the Orinda City Council the fact that in a survey of the 50 best cities in America, Orinda ranked number 28. The 24/7 Wall St. ranking, published on Jan. 13, included Orinda right above Rochester, Minnesota and just below Hermitage, Pennsylvania.
Out of the 50 cities, nine are in California, including highest ranking Manhattan Beach and San Francisco, which came in at number 45 (who can afford to live there?). Neither Los Angeles nor San Diego made the list, but the methodology used ruled out cities in the same county. To identify the best cities to live in, 24/7 Wall St. created a weighted index of 25 measures across four categories: affordability, economy, quality of life, and community.
Like most of the other California cities in the list, Orinda is identified as a high income area. The city was described in the list. "The typical household in the city, which is located about 17 miles from downtown San Francisco, earns $210,288 a year, about 3.5 times as much as the typical American household. While goods and services are more expensive in Orinda, these high incomes are likely enough to offset the high costs. Wealthier areas typically have highly educated populations, and in Orinda, 83.1% of adults have a bachelor's degree or higher, compared to just 31.5% of adults nationwide.
"Orinda residents benefit not only from cultural and entertainment attractions in the nearby cities of San Francisco and Oakland, but also jobs. An average of just 3.6% of Orinda's labor force was unemployed over the last five years, well below the 5.9% national unemployment rate reported by the Census."
For more, see https://247wallst.com/special-report/2020/01/13/americas-50-best-cities-to-live-8/11/ | | | | | | | | | | | | | |