New York City is home to the most companies on Inc.'s top 5,000 list
Inc. Magazine lists the 5,000 fastest-growing businesses in the United States each year. Among these organizations are tech-savvy agencies, governmental services and more. However, when you break down the list further to cities with the highest number of growing companies, you get a better idea of the business landscape and atmosphere across the nation. The Big Apple is home to 350 of the companies named on Inc. Magazine's list. As a result, people may want to become a part of the active job market, and invest in real estate in New York, New York.
The news source credits the metro area with having a growing high-tech and new-media marketplace, which is in stark contrast to the city's more established financial reputation. Recently, the city pledged $100 million for CornellNYC Tech to build a grad school on Roosevelt Island - a sign that technology will become a more common staple of the area.
Currently, housing in New York City is in an active, but affordable, state. The Department of Numbers reports that the median asking price in the metro area is $345,000, which is down 1.3 percent month-over-month and down 1.1 percent year-over-year. Job seekers looking to relocate to an active tech market may want to invest in property in the Big Apple while prices remain relatively low.