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Downtown New Haven, Indiana

Tuesday, June 27, 2017

With graduation season upon us, the personal-finance website WalletHub today released its report on 2017’s Best & Worst Places to Start a Career.

To help recent graduates launch their careers in the right place, WalletHub’s analysts compared the 150 largest markets in the U.S. based on 23 key indicators of career-friendliness. The data set ranges from availability of entry-level jobs to monthly average starting salary to housing affordability.

Best Places to Start a Career Worst Places to Start a Career
1 Salt Lake City, UT 141 Jackson, MS
2 Orlando, FL 142 Chesapeake, VA
3 Austin, TX 143 Shreveport, LA
4 Grand Rapids, MI 144 Detroit, MI
5 Tempe, AZ 145 Yonkers, NY
6 Atlanta, GA 146 Toledo, OH
7 Miami, FL 147 Montgomery, AL
8 Denver, CO 148 Augusta, GA
9 Irving, TX 149 Cleveland, OH
10 Madison, WI 150 Newark, NJ

Best vs. Worst

  • Durham, N.C., has the highest monthly average starting salary (adjusted for cost of living), $3,909, which is 2.7 times higher than in Honolulu, the city with the lowest at $1,447.
  • Gilbert, Ariz., has the highest median annual household income (adjusted for cost of living), $84,973, which is 3.3 times higher than in Hialeah, Fla., the city with the lowest at $25,850.
  • Oxnard, Calif., has the highest workforce diversity, which is 1.8 times higher than in Durham, N.C., the city with the lowest.
  • Madison, Wis., has the lowest unemployment rate, 2.7 percent, which is 4.6 times lower than in Detroit, the city with the highest at 12.3 percent.
  • Boston has the highest share of the population aged 25 to 34, 22.8 percent, which is 2.2 times higher than in Cape Coral, Fla., the city with the lowest at 10.4 percent.
  • Irvine, Calif., has the highest share of the population with at least a bachelor’s degree, 66.4 percent, which is 5.8 times higher than in San Bernardino, Calif., the city with the lowest at 11.5 percent.

To view the full report and your city’s rank, please visit:
https://wallethub.com/edu/best-worst-cities-to-start-a-career/3626/

POSTED: 05/16/17 at 1:42 pm. FILED UNDER: Business, News