Thursday, January 24, 2013
California Best Run US Cites
Credit rating: Not rated
Violent crime per 1,000 people: 1.77 (sixth lowest)
Unemployment rate: 7.5% (tie,-23rd lowest)
Fremont was incorporated in 1956, when five towns merged to establish the city. Fremont is near the core of Silicon Valley and has a direct connection to San Francisco via the Bay Area Rapid Transit system.
It has one of the best-educated and highest-earning populations in the country, with more than 51% of residents age 25 and older holding a college degree as of 2011. That year, median household income in Fremont was $92,665, the highest of any large U.S. city.
The city has an exceptionally strong manufacturing base, with almost 22% of working adults employed in the sector. Among the companies with manufacturing operations in Fremont are tech manufacturers Western Digital (WDC) and Seagate Technology (STX), as well as electric car pioneer Tesla Motors (TSLA
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