University of Rochester ranked 17th for total R&D expenditures
• University of Rochester reported $375 million in R&D expenditures, making it 17th on National Science Foundation's list of the top 20 private universities and colleges for FY 2008.
"Overall Innovation Capacity"
• Ranked 5th for "Overall Innovation Capacity" upon the basis of 1. Jobs in high-tech industries 2. Degrees granted in science and engineering 3. Number of patents 4. Academic research and development funding 5. Venture capital invested. Metropolitan New Economy Index: Benchmarking Economic Transformation in the Nation's Metropolitan Areas, 2001
Local Housing Market Tops for Affordability
• Rochester has the most affordable housing among the 52 major markets around the US. (source: Business First of Buffalo/US Census Bureau, April 2010)