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Last updated on Friday, August 30, 2013
(BLOOMINGTON) - Bloomington is ranked 22 of 184 in a list of the top “Best Small Places For Business And Careers” released this month by Forbes Magazine.
Bloomington Mayor Mark Fruzan says the ranking helps tell Bloomington's success story about creating the right environment for business.
IDS reports, the ranking included information about multiple communities' metro populations, major industries, median household income, unemployment and cost of living, among other criteria.
The city was also ranked 18 of 184 in the cost of doing business category meaning the cost of living is 10 percent lower than the national average.
Bloomington also ranked 31 out of 184 in the education category.
Jeb Conrad, President and CEO of the Greater Bloomington Chamber of Commerce says Bloomington's reasonable cost, good talent pool, well-educated work force and geography make it attractive and added that part of the stability of the marketplace is driven by the University.
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