About a quarter more young college grads live in a major metro area today than in 2000, double the percentage increase in cities’ total populations, according to a report by the City Observatory.
College graduates aren’t just moving on to the usual big cities, like New York, Washington, D.C., and San Francisco. Instead, the biggest magnets for college grads lately has been Houston, Denver, San Diego, Nashville, Salt Lake City, and Portland, Ore., to begin their careers, according to a report by City Observatory. In fact, in Denver alone, the young professional population is up 47 percent since 2000, nearly double the percentage increase in the New York metro area.
Where these young grads call home is giving a big boost to the cities’ economies.