The 10 best places for young adults

Anything and everything relating to Seattle-area real estate.

Moderators: synthetik, The Tim, Lake Hills Renter

The 10 best places for young adults

Postby Cougar » Wed May 14, 2008 8:50 am

Seattle makes #8 per Puget Sound Bizjournal!

What makes it attractive;

Young adults are attracted by Seattle's image as a hip center of high-tech activity. The robust nature of the local economy doesn't hurt, either. Just six markets added jobs at a faster pace than Seattle between 2006 and 2007. Per capita income is well above the national average.

A point of concern;

Seattle is getting pricey. Rent runs about 10 percent higher here than in the typical metropolitan area.

Quick stats;

Metro population: 3,309,347
Annual rate of population growth (2000-07): 1.2%
Annual rate of job growth (2002-07): 1.9%
Unemployment rate for young adults: 7.6%
Householders younger than 25
who earn $75,000-plus: 12.7%
Median monthly rent: $758

#1 Raleigh
#2 Austin
#3 Washington DC
#4 Las Vegas
#5 Phoenix
#6 Salt Lake City
#7 Charlotte
#8 Seattle
#9 Orlando
#10 Houston

So young folk, are they right?
Cougar
Bubble Blatherer
 
Posts: 71
Joined: Fri Feb 22, 2008 10:51 am
Location: Redmond

Re: The 10 best places for young adults

Postby Alan » Wed May 14, 2008 8:52 am

I've lived in Raleigh and Austin. While I agree that Austin is a great place for young people, Raleigh is not. Raleigh is a great place for older married people.

As far as young people go, I'm going to say Austin > Seattle > Raleigh.

As far as RE prices go Seattle > Austin > Raleigh.
Alan
Bubble Banter Boss
 
Posts: 780
Joined: Sun Feb 18, 2007 7:08 pm

Re: The 10 best places for young adults

Postby WestSideBilly » Thu May 15, 2008 7:28 am

What are Phoenix and SLC doing on that list?

Alan, when were you in Raleigh? I have a couple of young single friends that moved there in the last two years, and both love it. Lots of growth, still affordable. Of course that might be a case of relativity, as they left a craptastic midwest town to go there.
WestSideBilly
Bubble Banter Boss
 
Posts: 562
Joined: Mon Feb 04, 2008 1:41 pm
Location: Land of entitlement

Re: The 10 best places for young adults

Postby Alan » Thu May 15, 2008 11:31 am

It's been seven or eight years since I've been in Raleigh.
Alan
Bubble Banter Boss
 
Posts: 780
Joined: Sun Feb 18, 2007 7:08 pm


Return to Seattle Real Estate

Who is online

Users browsing this forum: No registered users and 9 guests

cron