Forbes magazine puts Lubbock in the top 25 of business locations its size with emphasis on affordability.

Factors that may have attributed to this standing include:

• The cost of living ratio is ranked 8th in the Texas and 23rd in the overall nation

• Cost of living translates to the workfoce with a median home price of $92,300

• Texas has no state income tax

• Lubbock has variable but comparably low property taxes

• Class A and B real estate offerings range between $9 and $16 a square foot

• Space is abundant and competitive

• Proximity to large metros, logistic centers, and ports represent a single day drive

• Utility costs are well below the national average

• Local and state incentive packages are competitive