New Study Names Raleigh 3rd Best Market for Young Adults

A study by Portfolio.com/bizjournals analyzed the 67 U.S. metros with populations above 750,000, searching for qualities that would appeal to workers in their 20s and early 30s. Raleigh came in at #3, beating other NC metros such as Charlotte that ranked at #28.

The Raleigh metro area ranked high in the categories of population growth, employment growth, share of total population and the jobless rate for people ages 18-34. Raleigh also boasts a large number of households led by people under the age of 45 with incomes of more than $100,000 and residents with bachelor's degrees between the ages of 18 and 34, according to the new report from Portfolio.com/bizjournals.

Click here to view the complete rankings

The study's 10-part formula gave the highest marks to places with strong growth rates, moderate costs of living and substantial pools of young adults who are college-educated and employed.

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(Source: Triangle Business Journal)