PROVO, Utah (ABC 4 News) – Forbes Magazine has ranked Provo as the best place for business and careers in the country.
According to Forbes, the $16 billion dollar economy is thriving largely on the back of Brigham Young University. The school provides a stabilizing presence as the third largest private college by enrollment in the U.S.
Job growth was a robust 3% in the Provo metro in 2011, third best in the U.S. It enjoys, by far, the lowest violent crime rate in the U.S. and ranks tenth lowest overall for crime, including property crime.
The metro population has doubled over the past two decades to 542,700.
Vivint, the largest home automation company in North America, is based in Provo. Todd Pedersen, the CEO of the home security company, said Provo is the perfect place for his growing business.
“More companies are attracted to this area,” Pedersen said. “Businesses are attracted to the people, their talent and ability. It’s a great place to live anyway.”
Ogden joins Provo in the top ten, ranking 6th overall for best places for business and careers.