You may have heard the news, but if you haven’t Forbes magazine recently ranked Denver amongst the best places for young adults to live.
They looked at the 100 largest metro areas and ranked their list based on
- projected job growth rates for 2010 to 2012 (data from Moody’s Economy.com)
- cost of living data (data from Moody’s Economy.com)
- median salaries for 24-34y.o. employed college grads (data from Payscale.com)
- unemployment rates
- Census Bureau data on the number of small businesses and large businesses per capita
- percentage of college graduates in the local population
Denver was ranked #7 because ‘The Mile High City boasts a significant college-educated population, a note-worthy number of small businesses and a healthy job growth rate that’s bolstered by the presence of companies like Lockheed Martin and IBM’ (Forbes, The 15 Best Cities For Young Adults).
We think that Denver will always remain popular amongst the younger residents as well as those young at heart because
- Denver is an active city with plenty of outdoor activities
- Denver has a vibrant culture with events and venues from sports to the arts
- So basically its not just a place to live but the lifestyle of living in Denver…
Trailing Denver, Colorado Springs was ranked #8 because ‘The Rocky Mountain metro area is home to an impressive number of defense contractors and universities, ensuring big business job opportunities and a notable number of college-educated residents” (Forbes, The 15 Best Cities For Young Adults).
But in case you were wondering, Des Moines Iowa took the title as the Best Place for Young Adults to live in the United States because: “The corn-belt city has the most big businesses per capita, a brag-worthy unemployment rate, low cost of living and a flourishing number of young professionals residing in the area” (Forbes, The 15 Best Cities For Young Adults).
But really? Would you really want to leave the Denver walking neighborhoods of Wash Park and Highlands for the midwest? Or would you really want to leave those foothills views from most Colorado Springs homes for the midwest? I can speak for those of us at 8z Real Estate that I think we’re pretty happy in Colorado!