The 10 best places for young adults
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?
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?
Comments
As far as young people go, I'm going to say Austin > Seattle > Raleigh.
As far as RE prices go Seattle > Austin > Raleigh.
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.