May 27, 2018

The 8 Best Cities for College Grads

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The 8 Best Cities for College Grads

The nation has 1.9 million new graduates, and many may be looking for that perfect place to relocate to.®’s research team sought to find the best metros for new college grads by analyzing 200 of the largest metros to see which ones offered the most in-demand job opportunities, affordable housing, and largest single and millennial populations, among other factors.

Read more: Court College Grads: Here's Why

About half of those who recently graduated hold jobs that aren’t related to their degrees, according to a study by Accenture, a management consulting company.

As such, “it’s all a matter of finding where the opportunities are,” says Roy Cohen, author of The Wall Street Professional’s Survival Guide. “For some jobs, options are as bright, if not brighter [in smaller cities]. And their cost of living is cheaper.”

The following are the top eight cities for new college grads, according to®’s research:

1. Fargo, N.D.

  • Median home price: $265,000

2. Lincoln, Neb.

  • Median home price: $257,400

3. Austin, Texas

  • Median home price: $392,000

4. Madison, Wis.

  • Median home price: $287,700

5. Charlottesville, Va.

  • Median home price: $379,500

6. Sioux Falls, S.D.

  • Median home price: $219,900

7. Des Moines, Iowa

  • Median home price: $280,500

8. Columbus, Ohio

  • Median home price: $199,700

Source: “Diplomas in Hand, College Grads Should Flock to These 10 Cities,”® (May 15, 2017)