Not a surprise: Young professionals love San Antonio. It's not just the history and culture that attracts recent grads but San Antonio's healthy job prospects and low cost of living.
All of this is reinforced by a new report that names San Antonio the No. 5 best big city for new grads. For the study, OnlineDegrees.com ranked 40 U.S. cities on eight factors: median rent, renter-occupied housing, percent of the population between ages 20 and 34, median earnings, cost of living, arts and entertainment options, state-level job growth, and unemployment.
Alamo City is the second-most affordable in terms of cost of living, and it has the third-lowest unemployment rate. Local bachelor's degree holders can expect to earn a median income of $50,279, while job growth statewide is projected to grow 21.5 percent between 2012-2022.
Austin comes in at No. 1, with Houston (No. 3) and Dallas (No. 7) also scoring high marks. Austin has the lowest unemployment rate, and Houston boasts more Fortune 500 company headquarters than any other city in the U.S. except New York. Dallas gets a nod for its plethora of entertainment options and status as a "travel hub," thanks to Southwest Airlines and Dallas-Fort Worth International Airport.
California also shows well, with San Francisco, San Diego, and San Jose all making the top 10.
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