While a national recession has made life harder for recent college graduates, today Portfolio.com recently recognized Oklahoma City as one of the best metro areas in the United States for young adults. Oklahoma City comes in at No. 6 in their rankings just ahead of cities like Dallas, Seattle and Tulsa.
“Over the past 20 years, Oklahoma City has evolved into an outstanding location for young adults,” Roy Williams President and CEO of the Greater Oklahoma City Chamber said. “Through initiatives like our Greater Grads program, we have made a real effort to connect our recent graduates and young professionals with the business community of Oklahoma City. Add that to the low unemployment rate, vast entertainment options and low cost of living, and this is a highly desirable place for a young person to live.”
A multitude of factors went into the rankings including annual population growth, jobless rate for young adults, young adults with a bachelor’s degree and homeowners younger than 45 with household incomes of $100,000 or less.
Oklahoma City scored highest in jobless rate, coming in at third, for 18 to 34-year olds. The metro area’s annual rate of employment growth and share of total population for the 18 to 34 age range also helped Oklahoma City’s ranking.
“The unemployment rate for young adults is lower here than anywhere but Salt Lake City and Tulsa. Oklahoma City also enjoys the nation’s third-best pace for annual income growth, a rapid 7.2 percent,” Portfolio.com said.
Overall, the southwest region dominated the ranking with five of the Web site’s top-10 coming from this part of the country. Austin came in at first followed by Washington, Raleigh, Boston and Houston, respectively.
For the full story visit http://www.portfolio.com/business-news/us-uncovered/2010/03/15/austin-washington-raleigh-and-boston-top-2010-rank-of-best-cities-for-young-americans/?ana=e_pft.
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