50 of 100
BACK NEXT
50. Greensboro, N.C.
Population: 231,720
Pros: Family-friendly, actively encouraging development of new industries
Con: Economy has suffered from the decline of major industries

Greensboro's economy has taken a hit because of the decline in the tobacco, textiles, manufacturing and furniture industries. However, the city is capitalizing on the growth in its new target sectors: advanced manufacturing, aviation, financial services and data centers, life sciences, and transportation and logistics. Greensboro's infrastructure works well for companies in these fields. No inventory tax and low rates for utilities like power and water are attractive to manufacturing firms, while biotech startups receive support from a government-funded organization dedicated to developing this sector, the North Carolina Biotechnology Center.

As proud as Greensboro is of where it stands now, it has not forgotten where it came from. Historical landmarks and reenactments commemorate the area's Civil War history throughout the city. The kid-friendly town is also home to a zoo, planetarium, children's museum and large water park. A new minor-league baseball park appeals to resident sports fans, as does the PGA's Wyndham Championship gold tournament, which is scheduled to tee off at Greensboro's Sedgefield Country Club this summer. For patrons of the arts, Greensboro offers its own symphony, opera, ballet companies and a collection of art galleries. -Brandi Stewart

Interactive map: Greensboro, N.C.
Homes for sale Find homes for sale in Greensboro, N.C.


NEXT: 51. Doral, Fla.

Last updated July 02 2008: 11:16 AM ET
More Galleries
7 hot businesses to start now It's hard to predict what businesses will take off, but these startup ideas have been drawing tons of interest from entrepreneurs and their customers on Thumbtack.com. More
How will a minimum wage hike hit businesses? Thirteen states increased the minimum wage on Jan. 1, and President Obama supports raising the federal rate to $10.10. 4 small business owners weigh in on how an increase would affect them. More
America's favorite businesses From a science camp for girls to a kombucha brewer, communities around the country voted on their favorite small businesses. These 12 came out on top, each scoring a $250,000 grant from Chase and a trip to Google's headquarters. More

Special Offer
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.