Current faculty graduates have loads on their minds this summer season: The nationwide unemployment charge ticked up final month, and a widening generational wealth hole is making it more durable than ever to purchase a primary dwelling. The place are they speculated to go now?
A brand new examine by Zumper may assist. It analyzed the nation’s 100 most populous cities to seek out the perfect ones for brand spanking new graduates primarily based on a number of metrics (the place enough knowledge was out there). They embrace median one-bedroom rents and eating places per capita, in addition to U.S. Census Bureau knowledge on the inhabitants of 18-to-34 yr olds, the variety of 25-year-olds with bachelor’s levels, the variety of single folks, the median earnings of youthful residents, and native unemployment charges.
Topping the checklist was Minneapolis, which had an inexpensive median one-bedroom hire ($1,150 a month) and ranked fifteenth for its unemployment charge (5.2 %). Oklahoma Metropolis’s median hire ($849) was the bottom among the many prime 15 cities, serving to it rank tenth total. San Francisco ranked fifth due to its excessive median earnings ($87,946) for folks 25 and youthful — which helps with its large median hire ($2,895).
Laredo, Texas, fell to the underside of the checklist with its small share of 25-year-olds with bachelor’s levels. It additionally ranked low in median earnings and the variety of eating places per capita. Its increased scores for median hire ($850) and unemployment charge (5.5 %) weren’t sufficient to make up for its downsides. Augusta, Ga., which ranked 91st for median earnings ($22,861) got here in 99th total. Windfall, R.I., completed only one spot increased, rating thirty first for unemployment charge (7.1 %), and far decrease than that for its paltry inhabitants of younger residents.
If you happen to’re fascinated about New York Metropolis, which completed twentieth total, it had the best median hire of any metro within the examine. However it additionally had the most important inhabitants of residents between the ages of 18 and 34 (greater than 2 million), and scored properly for median earnings.
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