Austin ranks among top 50 cities in the world. Here's why.

A global consulting firm has named Austin as the 43rd best city in the world in a ranking of the top 100 urban areas worldwide for 2024.

The list by Resonance, a firm that says it empowers cities and communities with "transformative strategies, plans, brands and campaigns," has been hailed as the most comprehensive city ranking by Bloomberg, according to the organization.

More: Tesla delivered a record number of vehicles in 2023, but did it meet Elon Musk's prediction?

Resonance says the list is the result of an analysis of more than 270 metropolitan areas with more than 1 million residents. The rankings are weighed by examining 24 metrics tied to three overarching categories.

Austin was named the 43rd best city in the world in a ranking by a global consulting firm.
Austin was named the 43rd best city in the world in a ranking by a global consulting firm.

Livability encompassed items like recreation and airport connectivity. Lovability covered things to do and online popularity tied to check-ins, social hashtags, and search results. Lastly, Prosperity included labor force participation, the poverty rate and the number of registered startups.

Why is Austin among the 50 best cities in the world?

At No. 43, Austin ranked just ahead of Oslo, Norway, and just behind Taipei, Taiwan, on the list. The other Texas cities in the top 100 were Houston at No. 66 and Dallas at No. 73.

Under a subhead reading, "The American dream has a new hometown," Resonance went on to label Austin "rebellious."

"Forged by can-do persistence cut with a university town’s progressive livability — is now a well-oiled, talent-attraction machine," the report says of Austin. "Talk to any entrepreneur leaving Silicon Valley, NYC or Seattle and chances are they've considered Austin."

More: Austin in line for 35-story tower planned by affiliate of Dallas Stars' Canadian owner

The attraction to the area of such major employers as Oracle, Tesla and BAE systems, and plans for more skyscrapers are among the accolades that stood out. The University of Texas did, too, with Resonance calling the school a "talent magnet" focused on research and expanding the skills pipeline to the private sector.

Of the three categories used to compile Resonance's top 100 cities list, Austin did best under Prosperity, coming in at No. 29 in that category.
Of the three categories used to compile Resonance's top 100 cities list, Austin did best under Prosperity, coming in at No. 29 in that category.

And, of course, Austin's music scene got a well-deserved shoutout.

Of the 24 metrics weighed, Austin ranked highest in the Google Search subcategory (No. 6) under the Lovability category and for higher education (No. 23) under Livability. Of the three categories, Austin ranked best under Prosperity (No. 29), followed by Lovability (No. 56) and Livability (No. 60).

More: City of Austin, Travis County leaders give update on winter weather preparations

Austin "is now a well-oiled, talent-attraction machine," the Resonance report says.
Austin "is now a well-oiled, talent-attraction machine," the Resonance report says.

These are the 10 best cities in the world in 2024

At the very top of the list is London. The English city was at the top of Livability and Lovability categories, coming in third behind Singapore and Abu Dhabi, United Arab Emirates, under Prosperity.

Here's a look at the top cities on the list:

  1. London

  2. Paris

  3. New York City

  4. Tokyo

  5. Singapore

  6. Dubai, UAE

  7. San Francisco

  8. Barcelona, Spain

  9. Amsterdam

  10. Seoul, South Korea

The 10 best cities in the United States

New York City was the top-ranked American city, ranking third overall, just behind Paris. The city ranked best under Lovability (No. 2), then Livability (No. 6) and finally, Prosperity (No. 12).

Here's a look at the top 10 U.S. cities on the list:

  1. New York City (No. 3 overall)

  2. San Francisco (No. 7 overall)

  3. Los Angeles (No. 15 overall)

  4. Chicago (No. 16 overall)

  5. Washington, D.C. (No. 17 overall)

  6. Seattle (No. 34 overall)

  7. San Jose, Calif. (No. 38 overall)

  8. Austin (No. 43 overall)

  9. San Diego (No. 51 overall)

  10. Orlando, Fla. (No. 52 overall)

This article originally appeared on Austin American-Statesman: Austin ranks among top 50 cities in the world. Here's why.