Pittsburgh tops list of best places to move after college
Photo courtesy University of Pittsburgh.
Figuring out where to work after graduation is one of the biggest decisions you make in life.
According to a new national ranking, Pittsburgh is the best place for new college graduates to get a fresh start in their working lives.
Researchers at Porch – a Seattle-based online household services company with sales of more than $ 77 million in 2019 – examined prepandemic data from the US Census Bureau, the US Department of Housing and Urban Development, and the US Economic analysis offices.
The company created a composite assessment based on:
- Median income for graduates
- Unemployment rate for graduates
- Number of employing companies per 1,000 inhabitants
- Concentration of the youngest graduates compared to the national average
- Median 1-room rent
- Cost of living compared to the national average
At 88.2, Pittsburgh’s composite value is the highest among the major cities studied (population over one million). The median income for new grads is $ 41,600, and the unemployment rate for new grads is a shockingly low 1.9 percent. The median rent for a bedroom is $ 839 and the cost of living is 7.6% below the average.
St. Louis and Omaha took second and third place among the major cities.
Oddly enough, Johnstown, PA (9) and Charleston, W.Va. (14) high among small towns, as are knowledge-based boomtowns like Ann Arbor, Michigan and Sunbelt boomtowns like Wilmington, North Carolina.
Read the entire study here.
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