Among the market fundamentals every multifamily investor tracks when looking to expand a portfolio is a region’s potential for future job growth. And with Millennial college graduates making up such a large chunk of the current and future workforce, and their willingness to travel to find jobs, it’s critical to track employment-based migration trends.
That’s why financial reporting outlet InvestorPlace Media, sifted through its data and came up with a list of the 10 best cities for recent college graduates in 2013, based on entry-level salary, unemployment numbers, cost of living, and percentage of population umarried between age 20 and 24:
1. Washington, D.C.
2. Boston, Mass.
3. Atlanta, Ga.
4. Madison, Wis.
5. San Jose, Calif.
6. Baltimore, Md.
7. New York, N.Y.
8. Houston, Texas
9. Chicago, Ill.
10. Lincoln, Neb.