Best Cities For New Grads 2020
With the impact of COVID-19 this year, it is more important than ever for the promotion of 2020 to find the good cities to live in that offer employment opportunities, a manageable cost of living, with wages that have meaning with the rents of the respective cities, and the potential for a good social life once the orders for refuge on the spot or stay at home lifted. Zumper’s ranking takes all this into account with an index of 7 categories to cover in-depth the 100 best cities in the country.
Best Cities For New Grads 2020
Top 10 of the best cities
1. Salt Lake City, UT
With a high concentration of young people (which we define as 20-34 year olds) and the 5th largest population, Salt Lake City was catapulted to the top of this list for new graduates. This city also ranked in the top third for the median income of people aged 25 and under and had high potential for job opportunities, especially with its growing technology scene, as its unemployment rate in March 2020 was 3.8%. All of this combined with great outdoor activities makes Salt Lake City Zumper 2020 the best city for new graduates.
2. Raleigh, NC
Raleigh did well in all areas in terms of categories, ranking in the top half for all. This city has performed particularly well with its large population of people with a bachelor’s degree, which means there are many people with similar educational backgrounds to new graduates this year, and ranked in the top 20 for median income .
3. San Francisco, California
San Francisco, the first and only west coast city in the top 10, had the highest median income in the country for people aged 25 and under and the 8th lowest unemployment rate in March, so new graduates have ample opportunity to find gainful employment. highly in this city.
4. Columbus, OH
Columbus was our 4th best city for new graduates due to its affordable rent, high concentration of young people and generous amount of restaurants per capita, when orders for Shelter-in-Place and Stay-at-Home increased .
5. Nashville, TN
Particularly high ranking in the number of restaurants per inhabitant (hello hot chicken from Nashville) and with the 7th highest income for recent graduates, Nashville was our 5th best city for graduates. Nashville also had the 6th lowest unemployment rate, which also shows great job opportunities here.
6. Minneapolis, MN
Minneapolis ranked in the top 10 for potential job opportunities, concentration of young people and educated graduates, making it the 6th best city for new graduates.
7. Boston, MA
As the first city on the East Coast to enter the top cities, Boston was placed at the top of the ranking by its high density of young people, singles and excellent job opportunities, with the 6th highest unemployment rate low overall.
8. Lincoln, NE
Lincoln was the 8th best city for new graduates because of its very affordable rent, as the one-bedroom rooms in this city cost less than $ 800 and its large number of graduates.
9. Norfolk, VA
Ranked 9th among the best cities in the world, Norfolk entered our top 10 because of its 6th highest youth population and ranking in the top quarter for the singles and median income categories.
10. Madison, WI
To complete our top 10 cities, Madison was the 10th best city for new graduates. It had the highest concentration of young people in the country as well as the greatest potential for employment opportunities with the lowest unemployment rate at 2%.
Cities broken down by main categories
4 Californian cities have risen among the top 5 markets for the highest incomes for people 25 and under. A Washington City, Seattle, was also added to the list. The west coast seems to be paying its young workers the best.
All the 5 cities with the highest employment opportunities had an unemployment rate of less than 3%. The majority of these top 5 cities were located in the central or southwestern region of the country, with the exception of Honolulu.
Providence had the highest percentage of singles in the country, with 2 of the 3 people living in this city being single. 2 cities in Louisiana were the next best places to find singles, followed closely by Rochester and Salt Lake City.
In terms of concentration of young people, we have considered the population of 20-34 year olds in each city. Madison, Boston, Seattle and Salt Lake City all had more than a third of their population aged 20 to 34. Minneapolis was right with 33%.
To determine the best cities for new graduates, we analyzed data from the top 100 American cities on seven key metrics. These measures included:
- Median room rent on Zumper.com
- Population of 20-34 year olds (for the highest concentration of “young people”) according to the 2018 American Community Survey
- 25-year-old population with a bachelor’s degree from the American Community Survey 2018
- Median income of people 25 and under according to the 2017 American Community Survey
- Unmarried population according to American Community Survey 2018
- Restaurants for 100,000 people from the Yelp API
- March 2020 Unemployment rate from (https://www.bls.gov/home.htm)
Each city received a ranking and a weighted score for each metric. In terms of weights, the median rental price, median income and unemployment rate of March 2020 each represented 20% of the final score. The single population represented 15%, the population of young people and the population of 25 years and over holding a baccalaureate each 10% and restaurants per capita the last 5%. The final ranking was determined by adding the weighted scores from each city to see who got the highest score.
This product uses the Census Bureau data API, but is not endorsed or certified by the Census Bureau.
(How each city ranked in the individual categories)
|General classification||City||Median rent||Young people||Population of people with baccalaureate||Median income||Restaurants per capita||Population alone||Unemployment rate|
|1||Salt Lake City, UT||51||4||17||31||94||5||21|
|3||San Francisco, California||100||16||2||1||26||31||8|
|22||Greensboro, North Carolina||ten||74||26||33||25||72||48|
|25||Virginia Beach, Virginia||49||62||34||13||72||98||9|
|26||Santa Ana, California||90||32||97||5||22||39||17|
|27||Oklahoma City, OK||12||75||61||44||64||91||4|
|30||San Diego, California||92||29||19||ten||76||52||34|
|36||Kansas City, MO||39||50||42||40||47||56||52|
|40||San Jose, California||97||81||20||2||28||90||16|
|41||Charlotte, North Carolina||67||46||14||57||54||62||31|
|48||El Paso, TX||5||70||80||46||18||88||59|
|49||Baton Rouge, LA||16||21||51||100||82||2||85|
|50||Des Moines, IA||36||67||65||53||33||59||52|
|50||St Louis, MO||33||25||51||85||63||23||71|
|52||Colorado Springs, CO||46||56||36||17||3||96||79|
|54||San antonio, tx||30||55||83||78||39||55||34|
|60||New York, NY||99||56||39||22||68||49||44|
|62||St. Petersburg, FL||63||84||31||42||81||68||34|
|73||Winston Salem, NC||19||86||57||88||42||66||41|
|80||Fort Lauderdale, FL||89||97||46||37||23||54||48|
|85||Fort Worth, TX||49||78||60||50||57||83||52|
|86||Los Angeles, CA||94||40||42||34||89||29||89|
|94||Corpus Christi, TX||25||90||91||67||77||85||78|
|95||Las Vegas, NV||43||96||85||52||20||82||95|
|97||Long Beach, California||86||44||58||84||37||37||92|
|98||New Orleans, LA||80||58||47||95||86||23||85|