"Washington, D.C., is ranked No. 1 for the budding professionals, according to a recent report from Glassdoor and Redfin; average annual early-career earnings in D.C. rest at $79,857, the median price of a starter home is $320,000, and monthly rent accounts for about 34% of income."
"Omaha came in at second place. While the Midwest city's average annual early-career earnings are a bit lower than others, $59,123, the average price of a starter home is just $195,000."
"People move here from many different parts of the country because there's a great community for the younger crowd ... And with a lot of homes selling for under $300,000, young grads actually have a shot at purchasing a house."
"Boston came in third, thanks to having the list's highest early-career earnings of $80,026 and ample job opportunities."
Recent college graduates are advised to consider cities with strong job markets and affordable housing. Washington, D.C. ranks first for early-career earnings at $79,857, despite high housing costs. Omaha follows in second place with lower earnings of $59,123 but affordable starter homes at $195,000. Boston ranks third with the highest early-career earnings of $80,026. Texas cities like Dallas, Houston, and Austin also provide promising opportunities for young professionals, emphasizing the importance of work-life balance and community.
Read at Fortune
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