A new report published on Monday by City Observatory shows that young, fresh grads are flocking to cities after getting their diplomas. The top city of choice for the go-getters - Houston, TX.
Between the years 2000 and 2013, the millennial population of Houston (residents ages 25 through 34) grew by 49.8 percent, according to the report
One major factor for the appeal of the Texan city is the abundant music scene and it has become known as America's No. 1 job creator according to Business Insider.
Other cities that saw a growth in the college grad population are Nashville at 47.6 percent, Denver at 46.6 percent, Austin at 44.3 percent, Portland at 37.3 percent, and Washington at 36.3 percent.
On the lower end of the spectrum, Providence's young population only grew by six percent, followed by Atlanta at three percent, Cleveland at one percent, and Detroit at a negative ten percent.
Another reason why metropolitan cities are appealing more to fresh graduates as opposed to the suburbs is because of the increase of opportunities in the innovation and technology industry. According to the New York Times, when one graduate moves to a city for work, it opens up five more jobs for people in the service sector.
"They want something exciting, culturally fun, involving a lot of diversity - and their fathers' suburban lifestyle doesn't seem to be all that thrilling to many of them," said Edward Glaeser, an economist at Harvard University, on the appeal of moving to big cities to the newly graduated population of the United States.
The full report by City Observatory may be accessed [pdf] online on their website.
