Forbes Says Houston Is The Best City For Young Professionals, So It Must Be, Right?
|Better than Boston or San Francisco!|
Okay, we'll give them an item, since they named Houston as the bestest, most perfect, unicorns-and-rainbows place in America for "young professionals."
Young professional whats they don't say, but it obviously doesn't include baseball players.
The highly rigorous analysis includes, Forbes said, they
ranked each city based on its current unemployment rate. Then we looked at what those people who have jobs actually earn, ranking all metros based on the average salary of college graduates, using data from Payscale.com. We also wanted to focus on places where those just starting out could stretch their salary the farthest, so we factored in the cost of living index from Moody's Economy.com. To measure the diversity of high-profile employment options, we ranked each metro based on how many of the 200 largest U.S. public companies call that city home.And then, just to add further scientific facts, they "counted how many members of the Class of 2000 at Princeton University, Harvard University, Stanford University, Duke University, Rice University, and Northwestern University are currently living in each city."
Thank God for Rice.
But wait!! Forbes.com says don't make such a big deal out of the Rice thing:
Because of its business-friendly environment and abundance of oil money, 14 of the country's largest companies (as measured by market capitalization) are based in our No. 1 city, Houston. Only New York, N.Y., which ranks No. 4 on our list, boasts more big employers. Houston also shines thanks to high average incomes and a concentration of grads from elite colleges -- and not just from local Rice University, but from across the country.At any rate, Dallas came in sixth, Austin tenth.
So go celebrate, if you're a young professional. Unless you're an Astro.