Richmond Area: Among Top 10 Best Places For Business

Forbes magazine has released its annual ranking of America’s most business-friendly metropolitan areas. The Richmond Virginia metro area was ranked 10th on the list this year. Last year the Richmond area was 12th.

Forbes ranked its list of the nation’s 150 largest metropolitan areas based on nine factors it classified as important to businesses.

The magazine evaluated the cost of doing business, the cost of living, job and income growth, the concentration of college graduates and doctorates, the crime rate and population migration.

The rankings also included a culture and leisure index, influenced by the prevalence of amenities such as museums, theaters and golf courses.

Forbes wrote, “A metro area for all seasons, Richmond is the only area to rank in the top half of our list for each of the nine criteria we examined.”

More information about the ranking can be found on Forbes.com.