In a recent study by Verizon, Sugar Land was named the No. 1 most business-ready city in the nation. The ranking was based in part on the city’s mean household income of $157,923 and three percent unemployment rate.
Other factors used to determine "The 15 Most Ambitious U.S. Cities" included the number of residents with a bachelor's degree or higher, number of business applications, percent of population that starts a new business and home ownership.
Director of Economic Development Elizabeth Huff said in a press release the city was excited for this national recognition.
"It's proof that our proactive efforts ensure a strong economy, support quality services for our residents and allow our city to maintain the second-lowest tax rate in the state among cities of similar size," Huff said.
