For the third time this year, Brevard County has been highlighted as a thriving, stable community. The Palm Bay-Melbourne-Titusville, FL Metropolitan Statistical Area (MSA) took the #18 spot on Forbes Magazine’s Best-Bang-For-The-Buck Cities annual list.
The article highlighted Brevard County as the only location in the top 20 from a state with a notoriously volatile housing market; Florida. It cited foreclosures remaining high, at one per every 238 housing units, but affordability and convenience (ranking No. 7 on the home price index, and No. 10 for travel time to work) and the fact that we’re set to bounce back in three years, according to Moody's, gives us more bang for the buck than one might expect from a Florida metro. The next closest Florida metro on the list, Lakeland-Winter Haven, came in at #50.
“As part of the EDC’s three-year strategic plan, efforts in garnering national accolades for the community have gained traction,” said Josh Field, EDC Community of Distinction Council Chairman and President of Space Coast Business Media Group. “It’s evidenced in our building of a key team of brand ambassadors and also in recent rankings like Brevard’s #8 spot on Biz Journals Top Tech Cities list. These are tools that will continue to aid the EDC’s business recruitment and retention efforts and brand us as a community of distinction.”
To view the entire chart and the methodology used, go here.