Survey: D.C. #2 In U.S., Best Market For Young Adults | WAMU 88.5 - American University Radio

: News

Filed Under:

Survey: D.C. #2 In U.S., Best Market For Young Adults

Play associated audio

New survey results released today ranks D.C. number two in the nation as the best market in the country for young adults. The ranking is the latest installment of Portfolio.com’s U.S. Uncovered series – a monthly collection of U.S. lifestyle trends. Austin, Texas takes the top spot, and the Southwest region was named best region.

"Entrepreneurs looking to jump-start their business and marketers looking for the disposable income of this crucial demographic now know where to focus," said J. Jennings Moss, editor of Portfolio.com.

"The Southwest is making headway in attracting younger crowds and re-establishing itself as a destination for those in their 20s and 30s looking for opportunities during the recession," said Moss.

Behind Austin and D.C. at the top of the list: Raleigh, Boston, Houston and Oklahoma City. Detroit, with a loss of 343,700 jobs in the past five years, sits at the bottom of the ranking, along with two Midwest industrial and two Sun belt metros: Cleveland, Dayton, Tampa-St. Petersburg and Riverside-San Bernadino.

Businesses looking for where the most affluent young Americans will do well to focus on the coasts, according to the Portfolio.com analysis. Metropolitan areas where more than one-third of households under age 45 have incomes of $100,000 or more are led by San Francisco Bay-area metros, while the Northeast Corridor is also well-represented.

For the "Best Markets for Young Adults" survey, Portfolio.com analyzed 67 U.S. metros with populations above 750,000 that offered the best opportunities for workers in their 20s and early 30s. A 10-part formula looked at strong growth rates, moderate costs of living, and substantial pools of young adults who are college-educated and employed.

NPR

From Her Dad To Her 'Jamish' Roots, A Poet Pieces Her Story Together

Salena Godden grew up in 1970s England with a Jamaican mom and an absent English-Irish dad. In her memoir, Springfield Road, she looks back on her struggle to find her personal identity.
NPR

If You've Ever Looked For Faces In Your Potato Chips, Thank Myrtle Young

The Potato Chip Lady, aka Myrtle Young, died in August of this year. She was 90. Young became famous after showing her collection of unusually shaped chips to Tonight Show host Johnny Carson in 1987.
NPR

Tennessee's Medicaid Deal Dodges A Partisan Fight

An agreement between the Tennessee Hospital Association and Republican Gov. Bill Haslam expands Medicaid without tax dollars, an agreement that could be a blueprint for other states.
NPR

Die-In, Vortex, Selfie Stick: What's The Word Of 2014?

In January, members of the American Dialect Society will vote on the 2014 Word of the Year. Linguist Ben Zimmer runs through some contenders — including words both old and new.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.