Raleigh brought home yet another accolade from Forbes this week ranking third on its list of the Best Cities for Young Professionals.
Scored among the top 100 U.S. metros, our bustling City of Oaks racked up points for job growth, median salary, cost of living and a low unemployment rate:
- Median salary (0 to 5 years of experience): $51,200
- Unemployment rate (projected 2016): 4.72%
- Cost of living (compare to national average): +0.55%
- Population with bachelor’s degree: 43.4%
- Average yearly job growth (2015-2017): 3.32%
According to Forbes, Raleigh “has an abundance of local universities–the University of North Carolina at Chapel Hill, North Carolina State University in Raleigh, and Duke in nearby Durham–which pump out a perpetually educated workforce (43% of the population 25 or older has a bachelor’s degree). And the metro’s proximity to the Research Triangle Park, where more than 170 companies (IBM, GlaxoSmithKline, Credit Suisse) have outposts, makes it a major job center.”
The spotlight on our Raleigh metro and the broader Triangle area as an ideal place for young professionals supports the recent census data indicating a surge in residents due to job opportunities and interest in major employers. Not only is the Triangle a great place to work, it also offers a supreme quality of life with an abundance of shopping, dining, entertainment and cultural and recreational amenities.
Read the complete Forbes article entitled “America’s 20 Best Cities for Young Professionals in 2016” here.