Boston is the Place to be for Recent College Graduates
As if it were not obvious enough, roughly one third of the population of the city of Boston is inhabited by college students. However, what about once the diploma is in hand and embarking on ones next life journey comes into play? Well, as it turns out, staying, living and working in Boston seems to be one of the best options for college graduates, this according to Rent.com and Forbes.
This recent report studied information from the Census Bureau, Rent.coms database as well as data from the Bureau of Labor Statistics. What was determined were the top twenty-five markets with the most rental listings. After acquiring these destinations found in cities nationwide, they were then compared via the mean annual incomes of individuals, the median price for a one-bedroom apartment and finally, the unemployment rate.
Last March, Rent.com actually ranked Boston as the #1 city for recent college graduates, however this year they have decided to release the Top 10 but in no particular order. So where are recent college grads most likely to find housing, work and obtain a reasonable paycheck? Here they are below:
Boston, Mass.
Mean annual income: $57,500
Median price for a one-bedroom apartment: $1,590
Unemployment rate: 5.9%
Washington, D.C.
Mean annual income: $62,900
Median price for a one-bedroom apartment: $1,600
Unemployment rate: 5.2%
Seattle, Wash.
Mean annual income: $54,800
Median price for a one-bedroom apartment: $1,300
Unemployment rate: 6.7%
Atlanta, Ga.
Mean annual income: $46,600
Median price for a one-bedroom apartment: $800
Unemployment rate: 8.4%
Houston, Texas
Mean annual income: $47,500
Median price for a one-bedroom apartment: $800
Unemployment rate: 6%
Denver, Colo.
Mean annual income: $50,300
Median price for a one-bedroom apartment: $970
Unemployment rate: 7.4%
Minneapolis/St. Paul, Minn.
Mean annual income: $49,800
Median price for a one-bedroom apartment: $900
Unemployment rate: 5.1%
Dallas, Texas
Mean annual income: $46,200
Median price for a one-bedroom apartment: $900
Unemployment rate: 5.9%
Raleigh, N.C.
Mean annual income: $45,200
Median price for a one-bedroom apartment: $800
Unemployment rate: 7.5%
St. Louis, Mo.
Mean annual income: $44,200
Median price for a one-bedroom apartment: $960
Unemployment rate: 7%
More Information: BostInno
