Richmond is ranked the sixth-best place in the nation to start over

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If you're one of those Richmonders looking for a good place to make a new start, just look out the window.

Richmond is ranked the sixth-best place in the nation to start over for someone who has been laid off or is just looking for a career or lifestyle change, according to BusinessWeek.com.

To be sure, the region has suffered plenty of lumps in this economic downturn, with job losses across many business sectors. But its diverse mix of employers, relatively low jobless rate and good quality of life make it a top 10 choice for people trying to navigate the changing course of the economy, based on the BusinessWeek list.

If you are looking for the absolute best place to start over, you'll will have to go North -- way, way North -- all the way to Anchorage, Alaska, which was ranked as the top place for a new beginning.

Find out why the Richmond area made the list and what local experts have to say about it:

Why we're on the list:

  • Hiring plans: About 22 percent of local businesses in an April survey by the international staffing firm Manpower Inc. said they plan to hire people from July to September. For top-ranked Anchorage, that was 28 percent.
    • Unemployment: The Richmond region's unemployment rate in March was 7.8 percent, seasonally unadjusted. While that was more than double the rate of the previous March, it was still below the national rate of 9 percent. In April, the region's unemployment rate was 7.6 percent, compared with 8.6 percent for the nation.

    • Diverse economy: The region has a good mix of industries such as food, chemical and tobacco manufacturing, along with biotech.

    • Home prices: At $167,185 in January, the average home price in the Richmond area was well below the $313,796 average price in Anchorage.

    What some local experts say:

    • The BusinessWeek report should give people who have been laid off here some hope for finding work, said Gregory H. Wingfield, president of the Greater Richmond Partnership.

    "There are opportunities . . . on the horizon," Wingfield said. "There's a good mix of jobs in those areas" cited by the BusinessWeek.com report.

    • The report "sends a message that the economy's strongerhere than other places," said Kim Scheeler, president of the Greater Richmond Chamber. "That's a good thing for businesses looking for places where they want to locate. They'd rather be in a market where the economy's doing better. . . . That creates opportunities for other businesses."

    • "If you actually know how to do it, Richmond is a good place to look for a job," said career coach Bud Whitehouse of Career Management of Virginia. "There is a lot here, a lot of diversity.

    "Companies keep starting up here and keep growing," he said.

    • "I imagine Richmond probably made that list a lot because of the cost of living," said Meg O. Wagner-Diggs, director of communications at the Richmond Human Resource Management Association. "The quality of life here is definitely good."

    Wagner-Diggs said companies are hiring, but she is not sure if they are hiring enough to absorb all the employees that were part of large layoffs that hit the area at the beginning of the year.

    • "That's great for Richmond to be in the top 10," said Nancy Thomas, president of Richmond's Retail Merchants Association.

    "If they're saying that, then hopefully, more businesses will come to the area," Thomas said, "and those [already] in the area will gain more business and hire more people."

    • "I wouldn't dispute [the Richmond area] being in the top 10," said Brett Vassey, president and chief executive of the Virginia Manufacturers Association. "For the baby boomers that are looking to start over mid-career, we are a great location, because we have fantastic health care and low housing costs, and still pretty good job opportunities."

    "The future is my concern," Vassey said. "We have a lot to plan for. How do we position ourselves" to capture the next big growth industries?



    Contact John Reid Blackwell at (804) 775-8123 or .

    Contact Peter Bacque at (804) 649-6813 or .

    Staff writer Emily C. Dooley contributed to this report.

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    Reader Reactions

    Flag Comment Posted by J-Reb on June 24, 2009 at 8:59 pm

    I love Richmond.  I’ve lived all over the USA and simply take a reasonable perspective.  Every places has its pluses and minuses.  Don’t expect Richmond to be Paris or London—it’s never gonna happen.  But take it for what it is, and get some experience in the wider world, and you’ll realize it’s a manageable, civilized place to live.  The relative lack of pretense is actually a plus for some of us.

    Flag Comment Posted by DMiller on June 24, 2009 at 8:55 pm

    For those who hate Richmond, the Mayor wants to build you High-Speed rail to get you outta here much quicker.

    Flag Comment Posted by MeToo on June 24, 2009 at 6:57 pm

    If you hate Richmond so much, why do you live here?  Move, you can have your pick of cities.  Go find the one that suits your political, philosophical, social, mental, religious, etc views.  Of course then you wont have anything to complain about…

    I think, of those on the list of ‘best’ the only drawback Richmond seems to have in comparison is housing prices.  I think most would agree that Richmond does have great variability in housing choices, locals, and costs, but there is a bit of lacking in the good houses for under $200K.  Most of the other cities on the list had a median home price from $100-120 it seemed.  I have friends who live in some of those cities/areas and they have new construction 3/2 homes with a decent lot, good schools, and lots of perks for under $200.

    Flag Comment Posted by ddub28 on June 24, 2009 at 6:47 pm

    Well, I’d imagine that you can’t get much worse than South Florida. So any place has to be a step up. You don’t have property values decreasing by 40%...

    Flag Comment Posted by 23230 on June 24, 2009 at 6:23 pm

    And I too agree with Bud Whitehouse & other analysts quoted by this article. Right now I’m making more money than I ever have, and I’m definitely not anyone high-up on the ladder. Just a middle-aged worker. Perhaps the economy is better here than anywhere else. Knock on wood, I haven’t felt the pinch yet.

    Flag Comment Posted by Opinion8d on June 24, 2009 at 5:54 pm

    Richmond is a pretty nice place to live. A lot of history (the nation’s first capital, among other notables) and both the beaches and mountains are only 2 hours away. The humidity, thought, UGH…However, for those wondering why such harsh criticism by Richmonders about their town, much of it seems to be (and probably rightfully so), fueled by much of the local governments’ waste and abuses. The leaders around here at times tend to be notorious for using Virginia as a stepping stone convenient to Washington. I think we are not so dissatisfied with our city nearly as much as we are many of our representatives.

    Flag Comment Posted by Ethan on June 24, 2009 at 2:42 pm

    Maybe the governor of SC should consider relocating here…

    Flag Comment Posted by dee65 on June 24, 2009 at 1:56 pm

    To the haters go somewhere else. I relocated to Richmond from S.Fla. and I wouldn’t go back if someone paid me. I absolutely love Richmond and Virginia. I found a job that I would never have had in Fla. and am in the process of purchasing a home which also wouldn’t have happened in S.Fla. I can get to my job in 15 mins. from the East end of Henrico to downtown. I have different places to go, the mountains, the beach or other states north or south or west. In S.Fla. you can’t go anywhere but N.Fla. and the traffic is horrible. 1 hour to travel 10 miles. The job market is terrible and the properties are sky high. I would say the same for most major cities. Appreciate that we’re sixth on a good list and on a bad list.

    Flag Comment Posted by Dave on June 24, 2009 at 1:15 pm

    If this article was about the best places in the country to start over on a new ball park plan, we would definitely be #1.

    Flag Comment Posted by wahoo2010 on June 24, 2009 at 1:12 pm

    So, clearly Richmond isn’t for everyone, and I agree that its haters should consider relocating.  For me, having grown up in rural Southwest Virginia, Richmond comparatively beckons as a mecca of social and professional opportunities.  I absolutely love this city: the river-centered layout, the unique architecture of the Fan and Church Hill, peaceful drives through Old Money Richmond, evenings in Carytown and Short Pump, the museums, Belle Isle, cruising down Broad or Cary from the suburbs to downtown and noting the vast demographic and geographic differences of the two subcultures, the bridges, and, of course, the friendly and down-to-earth nature of its inhabitants.  I guess it really depends on one’s perspective, but for a simpleton like myself, I look forward to coming back after residency and calling Richmond home once more.

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