Between the scenic landscape of the Lehigh River and the thriving downtown cores of the region’s communities, there are numerous reasons to call this vibrant area home. One of the most compelling motives for families and professionals choosing to move to our slice of the Northeast is its booming economy.
According to Site Selection magazine, Lehigh Valley ranks as one of the top five overall regions in the Northeastern U.S. for economic development. Based on 2016 growth, the numbers place the Allentown-Bethlehem-Easton area just below heavy-hitters like New York City, Philadelphia, Pittsburgh, and Boston metropolitan areas. This prestigious ranking not only gives Lehigh Valley residents bragging rights, but it also affirms numerous advantages in calling our beautiful region home.
Here are the top benefits in settling down in this economic powerhouse:
Numerous Employment Opportunities
Stable employment is a key factor when searching for the ideal area to call home. For this study, Site Selection tracked 31 business, expansion, and retention projects for 2016. The magazine’s findings noted the creation of 4,832 new jobs and the retention of an additional 2,205. Tycoon employers like Guardian Life Insurance, Amazon, and Norac created significant jobs in the region and planned expansion promises more to come.
Promising Property Opportunities
With new jobs and economic growth comes rising property prices. As a trusted moving company in Allentown, we know that the best time to purchase a home is right on the cusp of a boom. According to Don Cunningham, President and CEO of the Lehigh Valley Economic Development Corporation, traction won’t be slowing down anytime soon. “This past year has been a significant one for economic growth…and we continue to be the fastest-growing region in the state of Pennsylvania”, he shares. This quick growth results in rising home prices, giving property buyers a promising return on investment.
Top Among Regions Its Size
For families who enjoy the above advantages of a booming metropolitan area but prefer the comfort of a smaller city, Lehigh Valley offers the best of both worlds. The region is the only area with a population between 200,000 to 1 million to rank among the top seven. Lehigh Valley leads the way among moderately-sized metro areas, offering the same benefits of New York City and Philadelphia without quite so much hustle and bustle.
Whether you’re moving to the area for work, to be closer to family, or for personal reasons, our Allentown moving company can help make it a smooth transition. O’Brien’s Lehigh Valley movers offer a complete range of customizable services to accommodate all needs and will always go the extra mile to ensure your 100% satisfaction. Give us a call or fill out our online form to schedule a free in-home estimate today!
Subscribe to O'Briens Moving & Storage's Blog