No. 10: Provo, Utah
Driving along the stretch of I-15 between Salt Lake City and Provo, Utah, you can’t help but wonder if locals take the scenery for granted.
by Cindy Schwalb, kiplinger.com
PRISTINE SOFTWARE MECCA
Population: 474,351
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
Population Growth Since 2000: 20.6%
Percentage of Workforce in Creative Class: 32%
Cost-of-Living Index: 97.7 (100 being national average)
Median Household Income: $50,583
Income Growth Since 2000: 12.2%
Take Our Walking Tour Through Provo
The Provo area has grown into the country’s second-largest software center, featuring top employers Novell, Micron Technology and Omniture. The vibrant business scene is stoked by workers—among them recent graduates of Brigham Young University’s nationally ranked business school—attracted to the low cost of living and year-round outdoor lifestyle.
Residents can hit the slopes or hiking trails, or cast a fishing line within 30 minutes of stepping out their front door. Or they can wonder at the miles of snow-capped Wasatch Mountains.
Nearly all of Provo’s homes boast a mountain view, and family-friendly neighborhoods are safe environments in which to raise kids. Veteran real estate agent Brent DeMille says: "Of all the people I’ve placed, only one couple told me they were unhappy. They wanted more nightlife."
The promise of high-speed rail (due in Provo in 2012) will make Salt Lake City nightlife a quick ride away. Also, much of the development in the area is in towns such as Draper and Lehi, suburbs near Salt Lake County’s border. So those places will have the advantages of affordable housing, quick access to both Provo and Salt Lake City, and, of course, the area’s spectacular outdoor living.
Get Kiplinger Today newsletter — free
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.
-
Stock Market Today: Dow Dives 1,123 Points After Fed
Market participants reacted predictably to a well-telegraphed hawkish turn by the Federal Reserve.
By David Dittman Published
-
Fed Sees Fewer Rate Cuts in 2025: What the Experts Are Saying
Federal Reserve The Federal Reserve cut interest rates as expected, but the future path of borrowing costs became more opaque.
By Dan Burrows Published
-
Roth IRA Contribution Limits for 2024 and 2025
Roth IRAs Roth IRA contribution limits have gone up. Here's what you need to know.
By Jackie Stewart Last updated
-
How to Find Foreclosed Homes: Best Foreclosure Listings Sites
Making Your Money Last Find foreclosed homes for sale on these foreclosure listing websites. Search for properties on these free, paid or government sites.
By Bob Niedt Last updated
-
Four Tips for Renting Out Your Home on Airbnb
real estate Here's what you should know before listing your home on Airbnb.
By Miriam Cross Published
-
Five Ways to a Cheap Last-Minute Vacation
Travel It is possible to pull off a cheap last-minute vacation. Here are some tips to make it happen.
By Vaishali Varu Last updated
-
How to Figure Out How Much Life Insurance You Need
insurance Instead of relying on rules of thumb, you’re better off taking a systematic approach to figuring your life insurance needs.
By Kimberly Lankford Last updated
-
Amazon Big Deal Days Is Coming! We’ve Got All the Details
Amazon Prime To kick off the holiday season with a bang, Amazon Big Deal Days runs Tuesday, October 8 and Wednesday, October 9.
By Bob Niedt Last updated
-
How to Shop for Life Insurance in 3 Easy Steps
insurance Shopping for life insurance? You may be able to estimate how much you need online, but that's just the start of your search.
By Kaitlin Pitsker Published
-
Five Ways to Shop for a Low Mortgage Rate
Becoming a Homeowner Mortgage rates are high this year, but you can still find an affordable loan with these tips.
By Daniel Bortz Last updated