University graduates start in racing and the creation of houses in new cities may not think of Austin, TX, as the most affordable place to live, but this would be a mistake.
It has everything a young adult could, including employment opportunities, shorter journeys to work and many amenities such as coffee shops, restaurants and nightlife, according to Realtor.com’s latest report.
Median monthly income is now $ 1,450, under the $ 1,699 National Median.
“Austin emphasizes as the most well -classified city thanks to its strong performance through several factors that most care for the recent university graduates, including relatively affordable housing, robust labor perspectives, a larger network of colleagues and an animated and culturally rich environment,” says Jiayi Xu, economist at Realtor.com.
“In addition to affordable life costs, prosperous labor markets and vibrant lifestyles, many of these cities host universities and prestigious research centers, such as the University of Texas in Austin, the Carnegie Mellon University and the Emory University.”
The report analyzed 318 cities and cities with populations of more than 75,000 that are within the 50 larger metro areas and took into account these important factors for recent university graduates: accessibility of rent (estimated by the proportion of rental-rental for homes between 25 and 34 years old); Rental availability; university occupations fee for graduates; labor stability rates; and employment opportunities.
No. 1: Austin, tx
Austin, Tx, went to the top, especially due to its 18.9%rental-rental proportion, the lowest in the list. All markets have a lower proportion than the city/city average of 28.3% and the average of 24.9% in the 50 best subway areas. The lower the speed, the better.
In addition, local Austin technology -based companies (among these, the headquarters of Realtor.com) promise stable and well -offs that can pay the income.
“Although it is true that Austin Median Income and sale prices are not the lowest nationally, Austin remains relatively affordable compared to other important metropolitan areas, especially the large nuclei of the city/ technology such as New York and San Jose, where median rents are more than double Austin,” says Xu.
Realtor.com
And, although reasonable pricing rents are important, it is able to find a rent. The report took into account the ease of doing in each site.
The upper markets have an average rental vacancy rate of 8.3%, higher than the city/city average of 6.6% and the average of 7.2% in the 50 best metro areas.
Since being able to land a well -paid job after college is so vital to pay rent, even a lower market income, the report also assigned each subway a number based on the hiring index.
The index has been standardized at 100 from February 2020. As a result, the greater the index, the greater the opportunities of the labor market compared to the pre-pandemic reference line.
The cities with the highest index numbers on the list were Scottsdale, Az and Richmond. Only one area falls below the base line: Minneapolis, Mn, at the age of 96.
Rental-income ratio: 18.9%
Rental vacancies rate: 29.4%
In fact, the hiring index: 114
It has six colleges, Austin Local can pay an average monthly income of $ 2,560, according to Realtor.com data, with an average annual income of $ 95,475, which is 15.6% higher than the average among the 50 best -Americans.
However, the average income of this vibrant city of Texas is only $ 1,470.
Austin obtained his nickname “Silicon Hills” due to his numerous local technology entrepreneurs such as Dell, IBM, Google and Apple. It also has a vibrant nightlife scene, with bars, restaurants and music places.
Rental-rental ratio: 20%
Rental vacancies rate: 9%
In fact, the hiring index: 113
Raleigh surpasses Bloomington, Mn, for second place on the list this year. While premises can pay a monthly rent of $ 2,453, they only have to pay $ 1,489 on average. Raleigh also has the highest share (30.4%) of university occupations that can be in the 10 most important places.
Rental-income ratio: 20.6%
Rental vacancies rate: 9.2%
In fact, the hiring index: 114
In the average of 22 minutes, Overland Park has the shortest time. Longer journeys are not only more expensive but also affect labor-life balance and mental health. Long journeys and knots can also indicate a city that has not kept the rhythm with its growing population.
Rental-income ratio: 19.7%
Rental vacancies rate: 5.2%
In fact, the hiring index: 96
Known for being “the city of lakes” and also to have the largest mall in the country, the shopping center of America, Minneapolis has one of the lower rental relationships on the list on the list. But it also has the lower hiring rate, which means that while the average person will spend less on rent, it may also have a harder time finding a job than in the other cities on the list.
Rental-income ratio: 20.8%
Rental vacancies rate: 8%
In fact, the hiring index: 114
With a rental vacancy rate of 8.0%, it will be easier to find a rent in St. Louis that most of the other places on the list, but with a rent of rent of 20.8%, will spend a little more.
Rental-income ratio: 23.2%
Rental vacancies rate: 8.2%
In fact, the hiring index: 126
Tied with Scottsdale, AZ, for the highest recruitment index, Richmond offers better chances of finding a job than other places on the list. But, with a proportion of renting-23.2%, it is a bit more expensive to rent here than in other cities.
One of the oldest cities in America, Richmond offers excellent proximity to the expansive beaches of Washington, DC and Delaware.
Rental-rental ratio: 22.3%
Rental vacancies rate: 8.7%
In fact, the hiring index: 113
Pittsburgh has been playing in Philadelphia for some time, but he has recently arrived in his place as an affordable place to live, and is being recognized for his beauty and vibration instead of his past as a steel.
With a median April 2025, requesting a rent of $ 1,459, Pittsburgh offers reasonable rents and many things to do.
Rental-rental ratio: 22.5%
Rental vacancies rate: 7.9%
In fact, the hiring index: 126
Although Scottsdale can be known for its golf communities, retirees and “dry heat”, it is also a place that is kind to the recent university graduates, with a high hiring rate of 126 and high participation (23.0%) of university occupations.
Bonus points: Many apartment complexes have pools.
Rental-rental ratio: 22.4%
Rental vacancies rate: 8.9%
In fact, the hiring index: 112
New on the list, Richardson is certainly not so well known as Austin, but it gives him a chance. The city explodes on the list with a high (25.3%) share of university occupations and a very low (3%) unemployment rate (3%).
“Richardson not only surpasses the key metrics mentioned above, but also has different and dynamic economies,” says Xu. “The city benefits from the important synergy of the sector, especially between technology, health care, finance and business services.”
Rental-rental ratio: 24.1%
Rental vacancies rate: 9.3%
In fact, the hiring index: 124
Although Atlanta may be a little more expensive than other areas on the list, it benefits from having the highest rental vacancies rate.
A possible explanation for high vacancies is an increase in the new multifamily construction, which has expanded the overall supply of rental units. Atlanta-Sandy Springs-Roswell, Ga, is among the markets with some of the latest highest ones that allow in relation to the previous five years.
And of course, the city is not known as “Hotlanta” for nothing. Its location score, a measure of services such as purchases, restaurants, cafes and nightlife, contributes the list to 4.9.
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