Orinda ranked on list of best cities to live in nation
ORINDA >> Orinda reported a dose of good news for the city this week — it has been chosen as one of the nation’s best places to live.
Thefinancialnewsandopinion website 24/7 Wall Street recently released its America’s 50 Best Cities to Live list for 2020, and Orinda placed No. 28 on the list. Nearby Piedmont was ranked No. 5.
Other Northern California cities that made the list were San Francisco, Palo Alto, Burlingame and Monterey.
In all, 10 California cities reached the top honors — including the No. 1 city, Manhattan Beach in Los Angeles County.
The website noted that Orinda, with a population of 19,431, is a high-income city with the typical household earning $210,288 a year, “about 3.5 times as much as the typical American households.”
“While goods and services are more expensive in Orinda, these high incomes are likely enough to offset the high costs,” the website continued. “Wealthier areas typically have highly educated populations, and in Orinda, 83.1% of adults have a bachelor’s degree or higher, compared to just 31.5% of adults nationwide.”
24/7 Wall Street also said an average of 3.6% of the city’s labor force had been unemployed over the past five years. The U.S. average unemployment rate over the past five years was 5.9%, according to the website.
The website used more than two dozen metrics related to affordability, economy, standard of living and community in coming up with its list. Data came from sources such as the U.S. Census Bureau and the Centers for Disease Control and Prevention.
Only the top city in each county was selected for the list.
“It is important to note that there is no such thing as a perfect city or town, and that many of the attributes one may look for in a community are subjective and not quantifiable,” the 24/7 Wall Street list said.
If you’re interested
The 24/7 Wall Street list of America’s 50 Best Cities to Live can be read at 247wallst.com/special-report/2020/01/13/americas50-best-cities-to-live-8/.