Wednesday, May 17, 2017

2017's Best & Worst Places to Start a Career.

With graduation season upon us, WalletHub has released its report on 2017's Best & Worst Places to Start a Career. To help recent graduates launch their careers in the right place, WalletHub's analysts compared the 150 largest markets in the U.S. based on 23 key indicators of career-friendliness. The data set ranges from availability of entry-level jobs to monthly average starting salary to housing affordability.

Best Places to Start a Career

1. Salt Lake City, UT
2. Orlando, FL
3. Austin, TX
4. Grand Rapids, MI
5. Tempe, AZ
6. Atlanta, GA
7. Miami, FL
8. Denver, CO
9. Irving, TX
10. Madison, WI

Worst Places to Start a Career

141. Jackson, MS
142. Chesapeake, VA
143. Shreveport, LA
144. Detroit, MI
145. Yonkers, NY
146. Toledo, OH
147. Montgomery, AL
148. Augusta, GA
149. Cleveland, OH
150. Newark, NJ

Best vs. Worst: 

  • Durham, NC, has the highest monthly average starting salary (adjusted for cost of living), $3,909, which is 2.7 times higher than in Honolulu, the city with the lowest at $1,447. 
  • Gilbert, AZ, has the highest median annual household income (adjusted for cost of living), $84,973, which is 3.3 times higher than in Hialeah, FL, the city with the lowest at $25,850. 
  • Oxnard, CA, has the highest workforce diversity, which is 1.8 times higher than in Durham, NC, the city with the lowest. 
  • Madison, WI, has the lowest unemployment rate, 2.7 percent, which is 4.6 times lower than in Detroit, the city with the highest at 12.3 percent. 
  • Boston has the highest share of the population aged 25 to 34, 22.8 percent, which is 2.2 times higher than in Cape Coral, FL, the city with the lowest at 10.4 percent. 
  • Irvine, CA, has the highest share of the population with at least a bachelor's degree, 66.4 percent, which is 5.8 times higher than in San Bernardino, CA, the city with the lowest at 11.5 percent. 


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