Austin / Central Texas Real Estate News & Updates

Keep up to date with the latest Central Texas real estate trends and news.

Wednesday, January 23, 2013

Austin Tops List of The 10 Best Cities For Job Seekers


Austin, Texas, emerged as the best city for job seekers, with explosive population growth and a below average unemployment rate. It also features a low cost of living–renting a two-bedroom apartment, for example, averages just $968 a month.
“If a city is growing quickly, there’s an underlying ripple effect of more companies and a greater need for services,” says Stephanie Wei, VP of Financial Literacy at NerdWallet. “Austin is becoming a tech hub. IBM andDell are there, and it’s attracting more biotechnology businesses.”
In fact, five of the top 10 cities are located in Texas. Not only does the state generally feature a low cost of living, but Wei says its cities have done a nice job differentiating themselves. Houston, Fort Worth, Dallas and San Antonio are all up-and-coming hubs for niche industries like telecom and bioscience.
No. 1: Austin, TX
Population Growth: 3.8%
Unemployment Rate: 6.2%
Median Income: $31,170
Median Rent: $968
No. 2: Washington, DC
Population Growth: 2.7%
Unemployment Rate: 10.2%
Median Income: $43,993
Median Rent: $1,823
No. 3: San Francisco, CA
Population Growth: 0.9%
Unemployment Rate: 8.6%
Median Income: $46,777
Median Rent: $2,702
No. 4: Denver, CO
Population Growth: 3.3%
Unemployment Rate: 9.1%
Median Income: $32,051
Median Rent: $931
No. 5: Houston, TX
Population Growth: 2.2%
Unemployment Rate: 8.2%
Median Income: $26,849
Median Rent: $1,311
No. 6: Fort Worth, TX
Population Growth: 2.3%
Unemployment Rate: 8.0%
Median Income: $24,270
Median Rent: $980
No. 7: Dallas, TX
Population Growth: 2.1%
Unemployment Rate: 8.5%
Median Income: $27,251
Median Rent: $792
No. 8: Seattle, WA     
Population Growth: 2.0%
Unemployment Rate: 7.5%
Median Income: $41,695
Median Rent: $1,417
No. 9: San Antonio, TX
Population Growth: 2.4%
Unemployment Rate: 7.4%
Median Income: $22,333
Median Rent: $823
No. 10: Charlotte, NC
Population Growth: 2.7%
Unemployment Rate: 9.2%
Median Income: $31,667
Median Rent: $790


Labels: , , , ,

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home