Salt Lake City ranks 5th on Kiplinger's list of best cities

SALT LAKE CITY — Salt Lake City will be the fifth-best city nationwide in which to do business in the next 10 years, according to Kiplinger's Personal Finance magazine.

The magazine selected Salt Lake because of its internationally recognized research in genetics and health sciences that has spawned dozens of new and successful businesses. Also highlighted was the local labor pool that Kiplinger's labeled "tops for its technical knowledge and outstanding work ethic. Utah's relatively low wages, taxes and operating costs create an ideal haven to run a business — and you can't beat the easy access to myriad ski resorts."

In order, the top 10 cities in the Kiplinger's report are Austin, Texas; Seattle; Washington, D.C.; Boulder, Colo.; Salt Lake City; Rochester, N.Y.; Des Moines, Iowa; Burlington, Vt.; West Hartford, Conn.; and Topeka, Kan.

The Best Cities list appears in the July issue of Kiplinger's, which is on newsstands June 8. It is online now at www.kiplinger.com/links/bestcities.

— James Thalman