Data: Milken Institute; Table: Jacque Schrag/Axios. Editor's note: This chart has been corrected to reflect that the rankings include metro areas with at least 275,000 residents (not 250,000).
The Washington area comes in at number 62 this year on a list of the country's best-performing big cities, according to an annual report ranking metros across a range of economic factors.
Why it matters: The Milken Institute's yearly rankings highlight U.S. metro areas with job growth, affordable housing, economic equality and other big draws.
The big picture: The top five spots are claimed byRaleigh, North Carolina; Ogden, Utah and Salt Lake City, Utah; Huntsville, Alabama; and Colorado Springs.
Yes, but: The DMV has actually improved in its ranking: Last year it came in at number 98, and it was number 134 in 2023.
Reality check: The report doesn't explicitly look at other quality-of-life factors people may consider when picking a place to live, like traffic congestion, public transit access and green space— meaning D.C. perks like museums and Metro likely weren't considered.