DC Ranked 5th Best City For Young People
Posted by Mark Washburn on Tuesday, October 4, 2011 at 10:21:38 AM
By Mark Washburn / October 4, 2011
1 Comment
AOL Real Estate has ranked DC as the fifth best city in the country for young people. DC trailed Cincinnati, Seattle, Baton Rouge and Minneapolis. This 5th place ranking is a couple of positions lower than CNN's 2nd place ranking last year.
The criteria used by AOL Real Estate in establishing these rankings includes: starting salaries for college graduates; cost of living; and percentage of residents in their 20s. DC had higher than average cost of living scores but excelled in starting salaries that are 17% higher than national averages and low unemployment rates.
District neighborhoods popular with young people where more affordable housing option are available include Columbia Heights, Shaw and the H Street Corridor.
Discussion
I agree that graduates gravitate to DC because of the government's high paying positions and job security which is the foundation of the city.
Post a Comment