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Corvallis, known as The Heart of the Valley, has a college town atmosphere and an economy rooted in education, high-technology industries, and healthcare. Surrounded by mountain ranges containing dense forests and wineries, Corvallis has more than 50 parks and designated wildlife preserves. It is well-suited for those who enjoy outdoor recreation, known as a Bike-Friendly City that boasts miles of bike paths and trails, offering hiking and biking. It's also one of the top cities in the nation for buying electricity produced from renewable energy as 21 percent of power is from green energy. Corvallis is also home to a number of annual events and festivals, including Red White & Blues Festival, Philomath Frolic & Rodeo, and Corvallis Fall Festival.