Buoyed by transportation, fine art, and Fortune 500 companies, Dallas ranks as the 14th best city in the country and one of the top cities in Texas, according to a consulting firm’s annual study.
The study, published by Vancouver, Canada-based Resonance Consultancy Ltd. — which specializes in marketing, strategy, and research for the real estate, tourism, and economic development sectors — ranks large U.S. cities by relying on a mix of 26 performance and quality measures. This year, New York City tops the list, followed by Los Angeles; San Francisco; Chicago; Washington, D.C.; San Diego; Las Vegas; San Jose, California; Miami; and Boston.
Of No. 14 Dallas, the report says, "Dallas-boosters like to say that 'Big Things Happen Here,' and as the city climbs up our ranking, we’d have to agree ... the city isn’t just big money; it’s big on fun and culture, too."
Highlights for Dallas include:
- No. 1 ranking for airport connectivity, thanks largely to the presence of Dallas/Fort Worth International Airport.
- Country’s highest concentration of corporate headquarters (more than 10,000).
- Country’s third largest grouping of Fortune 500 companies (24 in Dallas-Fort Worth).
- Sixth largest LGBTQ community in the U.S., with bars and restaurants concentrated in Oak Lawn
- Dallas Arts District, the country’s largest contiguous urban arts district.
Three spots ahead of Dallas is Houston, at No. 11. Austin comes in at No. 17 and San Antonio at No. 28. Fort Worth isn’t included in the ranking.
“Smart, skilled, and soulful, Houston is the American city of the future,” says the report.
The study praises Houston for its:
- Ethnic diversity, with more than 145 languages spoken in Houston-area homes.
- Highly regarded restaurants, rated fourth behind Los Angeles, New York City, and Chicago.
- Healthy concentration of Fortune 500 companies, representing the country’s biggest businesses. Twenty-two companies based in the Houston area are listed on this year’s Fortune 500.
- Airport connectivity (No. 7 ranking).
The study further lauds the city for development of the Houston Spaceport, a hub for the region’s space industry. However, the study notes that Houston ranks 47th for prosperity, 74th for employment, and 99th (next to last) for income equality.
“From medicine to space to energy, we are at the forefront of innovation. We are resilient problem-solvers who work together to find common solutions, no matter if we’re facing Hurricane Harvey or a global pandemic,” real estate developer David Mincberg, chairman of Houston First Corp., says in an August 6 release.
Sitting at No. 17, Austin boasts No. 8 rankings for educational attainment and nightlife, the study says, along with a vibrant cultural scene anchored by events such as SXSW and a flourishing tech landscape dotted by the likes of Apple, Dell, Facebook, Google, and Oracle.
Austin’s showing in the Resonance Consultancy study comes on the heels of the city being hailed by U.S. News & World Report as the No. 1 place to live in the country, with particularly high marks for desirability, jobs, and quality of life.
“With a strong, continually growing tech-talent labor force and an overall lower cost of living and doing business, I think Austin could end up being a beneficiary market in the recovery of the pandemic as many tech users look to move out of more densely populated areas like New York City or San Francisco,” Erin Morales, senior vice president of commercial real estate services company CBRE, said in a July news release.
At No. 28, San Antonio earns kudos from Resonance Consultancy for its plethora of attractions, including the River Walk, five colonial missions, San Antonio Zoo, San Antonio Museum of Art, and Texas Golf Hall of Fame. Alamo City shows up at No. 7 in the study’s attractions category.
In addition, the study highlights San Antonio’s popular mixed-use Pearl district, whose assets include a campus of the Culinary Institute of America. “Around the esteemed school, a host of grads and chefs have clustered, creating a smorgasbord of choices from Italian to ’cue to bakery to vegetarian cuisine,” according to the study.