Charlotte is one of the 10 best cities in America for college grads. Here’s why
It’s graduation season for college students across the country about to kick-start new careers.
And Charlotte was named one of the best cities to enter the workforce.
Stacker ranked Charlotte 10th out of 15 cities as one of “the best places for college grads to start their careers.”
The analysis report showed that the median income of households headed by people under 25 in the area is $42,831, with the median rent for a one-bedroom apartment at $1,284. Data shows the unemployment rate is 4.6%.
Stacker analyzed data from the Labor Department, U.S. Census Bureau, and Apartment List to compile a list of the best metro areas for college students to start their careers based on the unemployment rate, housing costs, and median income.
According to Stacker, Charlotte and the other cities on this list have stronger job markets and lower costs of living than major cities like New York, Chicago, or Atlanta. Employers such as “Bank of America and Wells Fargo” along with tech companies like “Microsoft, Amazon, and IBM” make Charlotte an attractive city for new graduates entering the job market.
“Charlotte is one of the fastest-growing metros in the U.S., and for good reason. Not only are the median income high and median rent low compared to the average, but it’s host to major sports teams, including the Carolina Panthers and Charlotte FC,” the report states.
Here’s how Charlotte compared to other cities that made the list:
Savannah, Georgia
Crestview, Florida
Honolulu, Hawaii
Boise, Idaho
Sioux Falls, South Dakota
Des Moines, Iowa
Jacksonville, Florida
San Jose, California
Indianapolis, Indiana
Charlotte, North Carolina
Virginia Beach, Virginia
Rochester, New York
Fort Collins, Colorado
Lincoln, Nebraska
Omaha, Nebraska