Young professional certainly want to find a city that is not only livable but also offering the most interesting career opportunities and salaries. So, what are top 3 places for young professionals in 2017? There are actually tens of metropolitan cities in the United States, which offer interesting opportunities for young professionals and fresh graduates. The interests are determined by some aspects, such as employment prospects, salary, rent, social outlook, and networking experience.
List of Top 3 Cities for Young Professionals in the US
Are young looking for a great city to live and work? According to Forbes, the following are top 3 places for young professionals in the United States.
San Francisco – Redwood City – South San Francisco MSA
The MSA is located in San Francisco and San Mateo Counties, which have about 1.629.951 population. The Metropolitan Statistical Area also offers an interesting median salary, namely around $68.400. Having per capita income of $54.404, its per capita income is nearly double the average amount in the United States, namely $29.979. As a result, the poverty rate is also below the average. When 14.7% of the US citizens live below the poverty line, only 10.5% of the people in San Francisco – Redwood City – South San Francisco live below the poverty line.
Unemployment rate in the MSA is 2.4%, while the growth opportunity growth is reported as high as 2% every year. This may be attributable to the educational level of the people. It is reported that 47% of people in the three cities have bachelor’s degree or higher.
Most job opportunities come from Office and Administrative Support, Food Preparation and Serving, and Business and Financial Operations. However, the most interesting salaries come from General and Operation Managers, Legal Occupation, and Managerial occupations. Lawyers and registered nurses also have interesting offers here.
San Jose – Sunnyvale – Santa Clara MSA
The Metropolitan Statistical Area is located in Santa Clara and San Benito. The MSA is particularly interesting as it offers one of the highest median salary. In 2017, the median salary is around $69.200, with median rent 13% of the salary. However, the MSA has a relatively high unemployment rate, namely 3.5. Annual job opportunities grow by 1.99% on average. Adults with bachelor’s degree or higher is around 30%.
Management occupation still offers the largest opportunities for young professionals here, with annual mean wage of $166.590 in 2016. Chief Executives and Marketing Managers are the most interesting positions when it comes to salary.
Oakland-Hayward-Berkeley MSA
The Metropolitan Statistical Area is located in Alameda and Contra Costa Counties. The median salary in this MSA is around $58.100, while the unemployment rate is 4.1%. Job opportunities grow by 2.87% every year, but the human resource quality in this area is not as high as that in other MSAs. Only about 21% of people in this three cities have bachelor’s degree or higher.
The MSA offers the most interesting job opportunities in office and administrative sector, where about 163.200 professional worked in 2016. The median annual wage in this sector was $44.690 in the same year. Young professionals who are looking for the most interesting salary in this MSA may choose management occupation, which offers annual mean wage of $139.330 or business and financial operation, which offers annual mean wage of $89.470.
Of course, beside the top 3 places for young professionals in the United States above, there are certainly interesting opportunities in other Metropolitan Statistical Areas.