Close

Best Places to Live: 7 Cities For Young Professionals

I hope neither Ryan Gosling nor Emma Stone will blame me for quoting a line from a La La Land’s song. But how could I resist if ‘City of stars, are you shining just for me?’ is exactly the words young professional whisper when planting their roots somewhere in New York City or Boston?

Trading a calm of a small city for an endless chase after success is sure worth it, but here’s a tricky part: you need to find out what city is most likely to shine for you and make you shine in return? This question needs an answer, and I’m here exactly for the purpose. Read on to learn what American cities are best for starting a career and living a well-balanced life young people are so concerned about.

For the starters, it’s crucial to find out what factors make cities good for launching a career. Needless to say, the list of factors is not limited to career opportunities and affordable housing. There is much more than that – the median salary, unemployment rate, night out options, the median age of locals, the number of sunny days, to name but a few. Yes, this all counts. So let’s see if any city uniquely delivers on all fronts.

 

Austin, TX

Median Annual Salary: $49,560
Young Population (25-34 y.o.): 17.2%
Median Rent: $1,047/mo
Unemployment Rate: 3.1%

Featured among the best cities for launching a startup and the greatest cities to live in, Austin attracts young professionals faster than you can imagine. You’ll be surprised to learn that the population of Austin grows by 157 people per day. You can either call it another hype or try to take advantage of the trend. Austin is a combination of a growing tech scene, remarkable employment landscape, booming infrastructure, and a relatively low cost of living all rolled into one. Sounds like a great place to kick-start your career.

New York City, NY

Median Annual Salary: $60,108
Young Population (25-34 y.o.): 14.3%
Median Rent: $1,255/mo
Unemployment Rate: 4.4%

Ranked highly for diversity and nightlife, NYC is deservedly considered the capital of the world. No wonder why young people are flocking there to chase their most cherished dreams (read: money, love, and fame). The cost of living there is insanely high, the unemployment rate is slightly above the nation’s average, the rent costs way more than it should, but it all counts for little compared to the magic spell the city puts on everyone who dares to move there for good.

San Francisco, CA

Median Annual Salary: $66,900
Young Population (25-34 y.o.): 15.5%
Median Rent: $1,558/mo
Unemployment Rate: 2.4%

It might sometimes seem to you that this city passes judgment on anyone who’s not in tech or startups or venture investments, but a closer look will sure change your mind. Yes, it’s expensive to live there. And yes, the average commute time in San Francisco is above the nation’s average. But if you’re smart and innovative and young, this place will pay you off with a quick career boost before you even know it.

Boston is one of the best places for young professionals

Boston, MA

Median Annual Salary: $62,070
Young Population (25-34 y.o.): 14.4%
Median Rent: $1,320/mo
Unemployment Rate: 3.6%

Boston is America’s most educated cities, and one of its most beautiful. No wonder it primes itself on the remarkably low unemployment rate, high median salaries, and plenty of career opportunities to suit every taste and talent. What’s especially important is that only during the last year the number of employed workers in Boston has grown by 4.4%, proving the up and coming economic conditions.

Seattle, WA

Median Annual Salary: $59,060
Young Population (25-34 y.o.): 15.8%
Median Rent: $1,185/mo
Unemployment Rate: 3.9%

Back in 70’s, Seattle was only good for career opportunities related to coffee. Yes, Starbucks was launched there, and yes, it’s become a worldwide success. Today, in 2017, this city is a great choice for young professionals of different industries. Not as competitive and demanding as the Big Apple, Seattle still has all the charm of a big city. However, it won’t make you feel burn out as fast as other megapolises. It is slower, greener, and way more walkable. No wonder it’s ranked high on the list of greatest places to live in America.

San Jose, CA

Median Annual Salary: $78,620
Young Population (25-34 y.o.): 15.1%
Median Rent: $1,585/mo
Unemployment Rate: 2.8%

Although the unemployment rate in San Jose is slightly higher than in other cities from this list, the median annual salary compensates all possible discomfort. In fact, local compensations are among the highest in the country. Especially, if you’re lucky and smart enough to land a dream job in tech. Now add to that a perfect weather all year round, and you’ll see why so many people are trading their current locations for a California-like life in San Jose.

Denver, CO

Median Annual Salary: $54,450
Young Population (25-34 y.o.): 15.8%
Median Rent: $962/mo
Unemployment Rate: 2.9%

If such a choice seems counterintuitive to you, I’m here to bring in details. It’s true that not so many young professionals would even consider moving to Colorado after graduation. Yes, the image of Denver might be not yet well-established, but it’s sure on the rise. This city uniquely delivers on all fronts – consider low unemployment rate, ridiculously cheap rental prices, relatively high salaries, and you’ll see what I’m talking about. In the last 15 years, the city experienced a remarkably large influx of domestic migrants, and the trend is gaining momentum.

Although there is always a common sense in patterns we retrieve from valuable metrics, here’s a little truth you should know: something special is oftentimes hidden behind the numbers. So please, please don’t limit yourself to this list. There are no equal life stories, and no ratings to suit everyone. Don’t narrow your choices down to what we’ve picked for this article, but feel free to use it as a helping guide.

Don’t agree with our choice or want to make valuable comments on any of the listed cities? Get in touch via comments section you’ll find below. We’re always happy to hear from you.

1 Comment

  1. Denver is becoming very expensive no longer a good choice

Write Your Comment

You may use these HTML tags and attributes:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Join our newsletter

What is Rentberry?

Rental Service

Rentberry unites landlords and tenants to make their rental experience fair, secure and transparent.

Price Negotiation Platform

Affordable rent is not a myth. Negotiate the final price with your potential landlord and find a common ground together.

Time-Saving Tools

Having your whole rental experience in one place is real. Sign electronic agreements and rent a perfect place in a few clicks.