A new year typically means a new start. Well, we certainly made the most of that new start. The City of Fremont was recently ranked the second Best Run City in the nation by 24/7 Wall St.

Rising from last year’s fifth place spot, Fremont was found to be the wealthiest large U.S. city. With the highest median income at more than $100,000 per household (nearly double the national income average) and the lowest poverty rate of 6.7 percent (less than half the national rate), we can’t help but be proud of Fremont’s smart, hard-working residents.

Fremont also continues to make its name as an innovation hub for advanced manufacturing. With companies like Tesla and LAM Research leading the pack, the study found that a whopping 17.5 percent of workers in Fremont are employed in manufacturing – one of the highest percentages in the nation! Fremont was the only Silicon Valley city (as well as Northern California city) to make the top 10, ranking just behind Irvine, Calif.

And that’s not all. Fremont is also a safe and productive place to live. The City was ranked the third lowest large city for violent crimes, and the unemployment rate was only 6.5 percent.

The annual ranking of “The Best and Worst Run Cities in America” by 24/7 Wall St. looks at data from a number of sources for the 100 largest cities in the country, as measured by population figures from the U.S. Census Bureau’s 2012 American Community Survey. Categories evaluated include income/poverty levels, graduation rates, health insurance coverage, the change in home values between 2008 and 2012, unemployment rates, debt ratings, violent crime rates, gross metropolitan product data, and foreclosure rates. Once sources are reviewed and final metrics compiled, 24/7 Wall St. ranks each city based on its performance in all the categories. For more information on the methodology, visit here.

2014 has barely begun, and we’re already seeing big things happening. We can’t wait to see what else this year has in store for Fremont.

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