Boston ranks among the top U.S. cities for recent college graduates seeking to live, work, and thrive. The ranking uses measures such as mobility, opportunity, and entertainment drawn from sources including the U.S. Census Bureau and other datasets. Boston places well for job opportunities and transit systems, with a low unemployment rate of 2.11% and many jobs for recent graduates. Walkability ranks No. 4 nationally and transit ranks No. 3, supporting the city’s appeal. Boston also ranks No. 5 for the share of young adult residents. Rental costs remain high, though rent burden for post-grad earners is slightly lower, raising questions about long-term paths to homeownership.
"Boston offers an uplifting atmosphere for this demographic, according to a new study from ApartmentAdvisor. The real estate company ranked U.S. cities based on criteria like mobility, opportunity and entertainment using data from the U.S. Census Bureau, The Council for Community and Economic Research and other sources. Boston ranked No. 7 thanks to plentiful job opportunities and strong transit systems. Beantown boasted a low unemployment rate at 2.11% and abundant jobs for recent grads at companies like LEGO."
"Features like walkability (No. 4 in the nation) and transit options (No. 3) also make Boston an appealing choice. Perhaps that's why the city ranked No. 5 for percentage of young adult residents. "Boston has all the makings of a great city for post-grads, with strong career opportunity, world-class walkability, a vibrant restaurant and culture scene and one of the largest young adult communities in the country," ApartmentAdvisor Vice President of Marketing, Amy Mueller told Boston Agent magazine."
"Still, she pointed out, costs may be prohibitive. "Boston is also one of the more expensive rental markets in the country, so there's always been a tradeoff for young renters," she said. "This year's ranking tells a slightly more encouraging story on that front, with the rent burden calculation showing slightly lower for post-grad earners. The bigger question for agents in this market may be what comes next. Will young renters who plant roots here eventually see a path to ownership in and around Boston?""
Read at Boston Condos For Sale Ford Realty
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