65 of 100
BACK NEXT
65. State College, Pa.
Population: 39,185
Pros: Highly educated workforce, the resources of Penn State
Con: Everything in town is dominated by Penn State

State College, located in central Pennsylvania, is home to Pennsylvania State University. The university, with its 40,000 students, is the city's largest employer, thanks in part to the 75% tuition discount it offers employees. But it also offers businesses a highly educated workforce, a small-business development center, and a strong source of innovation.

The manufacturing industry has slowed over the years, but growth has emerged in health services and business-to-business technology - top employers outside of the public sphere include defense contractor Raytheon and Jostens Printing and Publishing. Startups can grow in the city's 20,000-square-foot-incubator, which offers spaces specifically tailored to IT businesses, technology, and biosciences.

Residents enjoy a vibrant downtown full of restaurants, galleries, the State Theater and The Pennsylvania State Orchestra. Canoeing, hiking and cycling are just a few miles out of town in the Allegheny mountain region. -Peter McDougall and Mina Kimes

Interactive map: State College, Pa.
Homes for sale Find homes for sale in State College, Pa.


NEXT: 66. San Jose, Calif.

Last updated July 02 2008: 11:16 AM ET
More Galleries
A sampling of beers being made with traditional Latin flavors A small but growing number of craft breweries are including passion fruit, Mexican cinnamon and other traditional Latin flavors. More
Banks won't lend? Use these guys instead Banks often have exhaustive approval processes, high minimums, and flawless credit requirements. But there's a wealth of non-bank alternatives for those who need capital fast. Here are some of the leaders. More
Facebook launched my startup These entrepreneurs relied exclusively on Facebook, Twitter and Instagram to jumpstart their small businesses. 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 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.