The Roanoke metro gained its highest ranking ever in the Milken Institute’s Best Performing Cities report for 2013. The region ranked 95th out of the largest 200 United States metro areas and moved up 47 spots over 2012. Roanoke was the second ranked large metro in Virginia behind Washington DC/Northern Virginia. Roanoke has ranked well in regards to high tech industry concentrations in the ranking which is a reflection of Roanoke’s diverse advanced manufacturing base.
Roanoke’s levels of concentration in high-tech, innovation-rich manufacturing, such as communications equipment, medical equipment, and specific electronic products, that use highly skilled talent are responsible for Roanoke’s strong performance year over year.
Source : Cushman & Wakefield