In a recent study done by Forbes conducted by ranking 200 of the largest metropolitan statistical areas in the U.S., Rochester, NY proved to be the best place in New York State for Business & Careers. New York City ranked ahead, however, Albany & Long Island ranked behind Rochester.
The unemployment rate in Rochester is 7.1%, which is under the national average with a median home price of $118,500 and a cost of living at 11.4%, which is also well under the national average.
Numerous universities and schools such as The University of Rochester and the Rochester Institute of Technology make Rochester an international center of higher education bringing professionals to the area for employment opportunities year round. Several companies are reentering downtown Rochester, such as Paetec and Nothnagle Realtors to begin a downtown revitalization.
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