Feb 13

atlanta

Best Cities for College Graduates to get jobs

According to the Bureau of Labor Statistics, the unemployment rate for high school grads age 20 to 24 with no college degree was 17.9% in 2012, compared to 7.7% for those with college degrees. However, jobs are still difficult to find for recent college graduates, and student debt continues to rise. According to a 2012 study by the Economic Policy Institute, the hourly wage for recent college grads fell over the last decade by 11% for men, to $21.68 and 6.7% for women, to $18.80.

A new ranking from Rent.com, looks at the top 25 markets with the most rental listings, and compares figures for unemployment, cost of living and annual mean wages. The research is based on information taken from the Census Bureau as well as Rent.com’s own apartment rental database.  From this information, Rent.com came up with a list of ten cities where recent grads would be most likely to find housing, a job, and a practical paycheck.

Here is a list of top ten cities for college graduates, with unemployment and wage figures from the Census Bureau:

Atlanta, Ga.
Mean annual income: $46,600
Median price for a one-bedroom apartment: $800
Unemployment rate: 8.4%

Boston, Mass.
Mean annual income: $57,500
Median price for a one-bedroom apartment: $1,590
Unemployment rate: 5.9%

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%

Seattle, Wash.
Mean annual income: $54,800
Median price for a one-bedroom apartment: $1,300
Unemployment rate: 6.7%

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%

Washington, D.C.
Mean annual income: $62,900
Median price for a one-bedroom apartment: $1,600
Unemployment rate: 5.2%

St. Louis, Mo.
Mean annual income: $44,200
Median price for a one-bedroom apartment: $960
Unemployment rate: 7%

Leave a comment

Current day month ye@r *