College grads welcome here!
This just in … According to “Nerdwallet” (gotta love the name) Arlington is the second-best “city” in the country for recent college graduates live in — second to Madison, Wisconsin, go figure.
The financial services site NerdWallet compared the median income, percentage of income spent on rent and percentage of the population between ages 20 and 29 to determine its list. Minneapolis, Minn., Boston and D.C. finished in the top five.
Among the 100 biggest municipalities in the U.S., Arlington had the second-highest median rent, at $1,761 a month. According to Nerdwallet, that cost is outweighed by Arlington’s $64,957 median income, the third-highest among the cities compared in the study.
The report states that “Washington, D.C., and neighboring Arlington, Va., stood out among our top 10 cities with up to 67 percent of the workforce finding jobs in management, business, science or the arts.”
Twenty-three percent of Arlington’s population is between 20 and 29 years old, according to U.S. Census Bureau data, making it more appealing for the recent college graduates in their early 20s. This is no surprise, considering Arlington’s reputation as one of the country’s best places to live in the country for millennials, as reported by the hyper local website Arlnow.
Image credit goes to NerdWallet