What Do Sioux Falls and Omaha Have in Common?
Graduation time is here and for people on their 20’s and 30’s who are looking to start their careers and find a place to live can be stressful. Business insider did a survey evaluated the 200 largest metropolitan areas in the U.S. on a variety of measures such as:
- population of each city that had young adults between the ages of 20 and 34
- the percent of people who had never been married as a proxy for single people
- the share of the population with a bachelor’s degree or higher
- March 2014 unemployment figures
Sioux Falls came in tied at #12 with Omaha for the 13 Best Cities For Brand-New College Grads and here is what they said:
Sioux Falls had an extremely low unemployment rate at 3.9% in March. Sioux Falls also, by one measure, has the most affordable apartment rent in the country: 71.1% of apartment households spent less than 35% of their monthly incomes on housing costs, a much higher proportion than in any of the other cities.
Something that might give a 20- or 30-something college graduate pause is that Sioux Falls has somewhat fewer highly educated people than the other cities on this list, with just 29.2% of its residents holding a bachelor’s degree or higher.
To see the rest of the list, click here.