Home | Newsletter | Advertise
loading...

DC Ranks High For Young Adults

  • March 16th 2010

by Mark Wellborn

✉️ Want to forward this article? Click here.

DC Ranks High For Young Adults: Figure 1

DC ranked the second best U.S city for young adults in a recent study by Portfolio magazine. The city was edged out by Austin, Texas.

Popular as they are among national financial magazines, lists like these are anything but scientific. Still, it can be irresistible to link to them when your city ranks well.

For this list, Portfolio research included a ten-part study that took into account per capita income, median rent, and the share of residents between 18 and 34 years old. The study covered 67 metropolitan areas that had at least 750,000 residents as of mid-2008. They ranged from New York City, with a population of 19 million, to Baton Rouge, Louisiana, at 774,000.

According to Portfolio, “educated young adults flock to the nation’s capital.” Some of the deciding factors for DC’s high ranking included the fact that 35.8 percent of all 18-to-34-year-olds in the city hold bachelor’s degrees, and that the per capita income for this group ($56,510) is well above the national average.

The full top 10:

  1. Austin
  2. DC
  3. Raleigh
  4. Boston
  5. Houston
  6. Oklahoma City
  7. Dallas Ft-Worth
  8. Tulsa
  9. Seattle
  10. Baton Rouge

Who were the lowest ranked? Detroit, Cleveland, Dayton, Tampa-St. Petersburg, and the Riverside-San Bernardino area.

Similar Posts:

See other articles related to: lists, rankings, young adults

This article originally published at https://dc.urbanturf.com/articles/blog/dc_ranks_high_for_young_adults/1877.

DC Real Estate Guides

Short guides to navigating the DC-area real estate market

We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!

First-Timer Primers

Intro guides for first-time home buyers

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse