( WJET/WFXP )– An annual study and index of the best-performing small cities in the United States recently ranked Erie in the lower third of over 200 eligible cities entering 2024 and lower than the city’s 2023 rank.
Each year, the Milken Institute releases an index of the best-performing small cities across the country based on numerous factors and recently ranked Erie 162nd out of 203 eligible cities, the second lowest in Pennsylvania only to Gettysburg. Last year, Erie ranked 12 spots higher at 150.
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The study from the Milken Institute ranks cities on 13 components such as broadband coverage, community resilience, the Gini (inequality) index, housing affordability, location quotient as well as GDP, job and wage growth among other factors.
Cities are then separated into five tiers with one being the highest and five the lowest. At rank 162, Erie was placed in the fourth tier.
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