Kansas City is atop yet another national list touting its economic vibrancy.
Forbes recently released a report analyzing U.S. cities that create the most high-wage jobs, and Kansas City earned the No. 2 spot. The magazine said the City of Fountains’ low taxes and pro-business regulatory environment helped launch it into the top five cities for high-wage jobs.
“KC, better known in the rest of the country for barbecue and its music scene (though not quite Nashville), has grown a vibrant economy based in good part on service businesses in architecture and innovative administrative support models (especially for health care providers), accounting for some 100,000 jobs in professional and business services,” Forbes’ Joel Kotkin wrote.
The study analyzed Bureau of Labor Statistics data from the 70 largest labor markets in the country. It evaluated employment in the business services sector over time, looking at short-, medium- and long-term job trends.
Kansas City boasts 469,200 jobs in the business services sector, netting a 9.3 percent growth between 2011 to 2016, according to the report. Its growth in business service jobs outpaces tech hotbeds such as San Francisco and San Jose.
Nashville, Tenn., took the No. 1 spot in the list with 968,800 jobs in the business services sector and a 20.6 percent growth between 2011 to 2016, according to the report. Austin earned the No. 3 spot, San Francisco the No. 4 and Dallas a No. 5 ranking.