Population (metro area): 350,172
Population Growth Since 2000: 2%
Percentage of Workforce in Creative Class: 23.2
Cost of Living Index: 96 (100 being the national average)
Median Household Income: $43,109
Income growth since 2000: 13.6%
A low crime rate, affordable homes, good schools, hardly any traffic and plenty to do. Who wouldn't want to live in a city that offered all this? Perhaps that's why Kiplinger.com readers picked Evansville, Ind., as their favorite city, with almost twice as many votes as runner-up Green Bay, Wis. (See how many votes it got.)
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On the banks of the Ohio River in southwestern Indiana, Evansville has plenty of amenities you'd find in a bigger town. For example, the Evansville Museum of Arts, History & Science houses a $10 million permanent art collection. The Centre, a 2,500-seat auditorium, brings in Broadway touring acts. And the Evansville Philharmonic Orchestra performs with such renowned musicians as Grammy Award-winning violinist Joshua Bell.
There is a lot of outdoor recreation nearby: Paoli Peaks ski resort, state and national parks, lakes and, of course, the river. "I don't have to take a vacation to have a good time," says resident and native Mike Zimmer.
Although not as low as any of the other Best Cities selected by Kiplinger's Personal Finance, the cost of living in Evansville is below the national average, and the median home price of $109,682 is about $100,000 less than the national median price for metro areas.
A new, four-bedroom home goes for around $150,000. The real deals, though, are on brick-paved First Street in the historic district downtown, where you can find beautiful 4,000-square-foot homes in good condition for less than $300,000.
Like many of Kiplinger's Best City picks, Evansville is witnessing redevelopment of its downtown. The city saw a steady decline in population since the 50s as people moved to the suburbs, says Mayor Jonathan Weinzapfel. But revitalization efforts in downtown neighborhoods reversed that trend in 2007, when the city's population actually increased.
As testament to the city's downtown redevelopment efforts, loft apartments now are filling once-vacant buildings. Two corporations, Berry Plastics and American General Finance (a division of AIG), are building their headquarters downtown. Casino Aztar, the city's biggest tourist attraction, built a $40 million entertainment district that includes a boutique hotel and hip lounge. And individuals and corporations chipped in more than $4 million to help build the Koch Family Children's Museum of Evansville in the former Central Library downtown.
A pedestrian and bicycle trail now runs the length of downtown along the river. The city installed this first 4.2-mile section of Pigeon Creak Greenway in 2007. When completed, the trail will be 42 miles, encircling the city.
The single best thing that has happened to Evansville, though, was the opening of a Toyota plant in 1996 in nearby Princeton, says Zimmer, who is an economics professor at University of Evansville. With about 4,600 employees, it's the area's biggest employer. Toyota also has provided a stabilizing influence in a city that had a history of union troubles, Zimmer says.
Although manufacturing still dominates the area, Evansville is becoming a mini financial center and a regional health-care hub. And the city's two universities, University of Evansville and University of Southern Indiana, provide an educated workforce.
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POSTED BY: Harold Lockyear (September 08, 2008 09:46 AM)
I live in this area and find this article to be true. It is not perfect by no means, but many people who have come here to work from outside stay for the rest of their lives.
POSTED BY: Hector Frodo (September 17, 2008 12:54 PM)
I was raised in Evansville and left when I was 18. The world has a 1000 cities more interesting, with more opportunities for employment, more cultural activities and certainly more natural resource areas of interest. The people who loaded this poll must need reassurance they don't live in the arm pit of the midwest, but they do.
POSTED BY: Transplant (October 14, 2008 10:11 AM)
I have lived in Evansville for 6 years and after moving from the East Coast, and find it boring and unsophisticated ...Housing is very affordable but does not appreciate as in other areas. There is no music scene, unless you like twangy country. The Philharmonic is good but certainly far from excellent. Evansville is a great place to raise children but for older adults, it is ho-hum. If my job didn't keep me here--I would be gone!



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