By KIMBERLEY HAAS
Professional opportunities, affordability, and fun in the country’s cities are being measured as commencement ceremonies wrap up nationally and Atlanta is coming out on top as the best place for college graduates to move to.
Earlier this week, WalletHub named Atlanta, Georgia, the best city to start a career after comparing the relative market strength and overall livability of 182 cities using 26 key metrics ranging from the monthly average starting salary to housing affordability.
Atlanta did well in the WalletHub ranking because of the availability of entry-level jobs and its low unemployment rate.
On May 2, CoworkingCafe named Atlanta the best city to start a career with a bachelor’s degree. The underlying analysis took into account the share of the local population with college degrees, opportunities for recent graduates, income levels, costs of living, and lifestyle amenities.
Despite the moderate share (54%) of young bachelor’s degree holders, wide health insurance coverage, average affordability, and the city’s leisure amenities pushed Atlanta to the top of the list.
ApartmentAdvisor.com ranked Atlanta fourth in their 2023 Top 10 Best Cities for Recent College Graduates. The number of Fortune 500 headquarters, the regional economy, and the number of music festivals held there were taken into account.
The average rent for an apartment in Atlanta is about $1,850, with 45% of units costing between $1,501 and $2,000, according to RentCafe.
Traditional college graduates in 2023 are members of Generation Z.
Gen Z is defined as people born between 1997 and 2012. They are considered to be the most diverse and best-educated generation so far.
Members of Gen Z, who are now up to 26 years old, will play an important role in the housing market as they establish themselves in the workforce. Redfin data released in April shows that 30% of 25-year-olds owned their own home in 2022.
Overall, 26% of adult Gen Zers own their home, according to the data.
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