Austin Still Best City for Young AdultsPosted by Realty Austin on Friday, June 24th, 2011 at 11:22am.
Austin is still the best city for young adults starting their careers, according to an On Numbers report from American City Business Journals based on data from U.S. Census Bureau. The study affirms last year's reports by Portfolio.com and Kiplinger.com which also ranked Austin as the best city for young adults in 2010.
Cities which ranked high on 2011's list had high populations of adults between 18-34, increasing job growth rates and low unemployment rates for educated young adults, and affordable costs of living.
Austin ranked #1 on ACBJ's list with young adults making up 29.3% of its population, 1.73% job growth rate, 10% unemployment, and 29.3% with higher education.
Two other Texas metros dominated the top 5 best cities for young adults. Houston ranked 2nd followed by Washington D.C., Raleigh, and Dallas.
Click here for a complete list of Austin's rankings and how the city compares nationwide.
- Austin Record Hiring Growth
- Business Climate More Favorable in Texas
- Austin 2nd Best City to Find Job