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Forbes’ 17th annual list of the Best Places for Business and Careers has granted the beautiful Denver, Colorado the number one spot for  2015. According to Forbes, Denver is becoming homes to more citizens and businesses thanks to a high-educated workforce, diverse economy, and an abundance of outdoor activities.

Since the Great Recession of the late 2000s, people are still trying to recover, but there has been quite a progress. The Gross National Product (market value of all products and services produced in one year) has reached an average of 2.2 percent over the course of five years. Now, companies are choosing Denver as a new home and between 2010 and 2014, 100,000 out-of-staters migrated to Denver to get in on the action.

Industries like aerospace, healthcare, telecommunications, energy, financial services and more have benefitted from Denver’s most educated workforce of the country. Lockheed Martin has more than 4,500 employers in the Denver area and had moved the $46 billion-in-sales aerospace and global security company headquarters to Denver.

The city has the largest number of private aerospace jobs of any area in the U.S. Panasonic North America’s new technology and solar energy division, Panasonic Enterprise Solutions, picked Denver over 22 cities to be the home of the U.S. sales company. It is expected to create an average wage of $90k giving those in the industry 330 jobs.

Despite Denver being below the national average of business costs by three percent due to stiff competition with New York and California, the booming city has been noted to have a great value of life that is continuing to be recognized and is adopting talented people from all over. With companies and newcomers recognizing what Denver has to offer, those numbers will surely increase in due time.

For now, Denver can celebrate moving four spots up the Forbes’ chart in under a year. Now, how should we celebrate?