A new study by Kiplinger’s Personal Finance magazine rates Seattle second on the list of “10 Best Cities for the Next Decade.”

Seattle finished behind only Austin, Texas in the study conducted by Kevin Stolarick, research director of the Martin Prosperity Institute, for the magazine.

Seattle’s well-educated workforce, its world-class research university in the University of Washington and the presence of innovative companies such as Amazon, Microsoft and Boeing, elevated the city above the crowd.

“We only have two products here:” the magazine quoted soon-to-depart UW president Mark Emmert, “smart people and great ideas.”

Other cities on the list beginning at number three Washington, D.C. were Boulder, Colo.; Salt Lake City; Rochester, Minn.; Des Moines, Iowa; Burlington, Vt.; West Hartford, Conn., and Topeka, Kan.