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High Point Named Top Ten 'American City of the Future'

The accolade comes from a publication of the Financial Times of London, which ranked High Point in the top ten for cost effectiveness.

HIGH POINT, N.C. — High Point has been recognized as one of the 'American Cities of the Future' when it comes to cost effectiveness for 2019-2020, according to a release from the City. 

The accolade comes from fDi Magazine, a publication of the Financial Times of London.

According to Loren Hill, President of the High Point Economic Development Corporation, High Point has more than 80 foreign-based companies with full-time operations in the city. 

"We’re so proud of those international companies that are here and we want more," he said. "As we deal now with prospects in the future, international companies considering a United States location, this will definitely be a great bragging point."

The magazine measured several cities for economic potential, business friendliness, human capital and lifestyle, cost effectiveness and connectivity. 

High Point was ranked 6th in the cost effectiveness category for mid-sized cities in North America and South America. 

"A community dies if we’re not adding jobs and increasing our tax base, so this will be a great way to add that into our mix as companies are considering locating here," Hill added.

Here are the top 10 cities for cost effectiveness: 

  1. Alajuela, Costa Rica
  2. Heredia, Costa Rica
  3. Cartago, Costa Rica
  4. Akron, Ohio, United States
  5. Ensenada, Baja California, Mexico
  6. High Point, NC, United States
  7. Spartanburg, SC, United States
  8. Ciudad Acuna, Coahuila, Mexico
  9. Reno, Nevada, United States
  10. Fort Wayne, Indiana, United States

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