Nashville has made the list as one of the country’s brainpower cities. The cities chosen for this list have the most college graduates rather than just the highest amount of students studying in their cities. This information is more relevant in order to see what will carry over into the future.
Demographer Wendell Cox studied the change in how many people had a bachelor degree from the years 2007 through 2012. Each 51 metropolitans studied had increased in bachelor degree holders. Cox found the fastest growing area was the Intermountain West and the South. Educated students are heading to the South because job growth is thriving and the cost of living is much more affordable than cities like Los Angeles and New York.
New Orleans and San Antonio tied for the top locations on the list. New Orleans has seen a return of people that had fled due to Katrina. This is partially the reason for the increase to the area but it’s also because New Orleans has seen a 25% growth in college graduates. From 2007 to 2012, college graduates have increased by 44,000 in this area.
Nashville made number four on the list. They have seen an increase in college graduates from 2007 to 2012 increase by 68,476 people. That is a 23.8% increase. Another very hot city with plenty to offer new residents, this is just one of the many top city lists Nashville has been named to.
Why People Choose These Top Cities
People are looking for thriving economies, cultural amenities and natural amenities. This is most important for long-term settlement. Formerly popular cities, such as San Francisco or the Silicon Valley are simply too expensive with housing prices two to three times more expensive than Nashville and other top areas.
A dollar doesn’t stretch as far in San Francisco as it would in Nasvhille. Your salary in San Francisco may only afford you a roommate and no car, while the same salary in New Orleans would get you your own place and vehicle.
People are simply looking for a thriving economy, job growth, affordable housing, culture, beautiful scenery and an active nightlife. Nashville and other cities on this list offer just what the educated are looking for.
The Ashton Real Estate Group of RE/MAX Advantage
The #1 Real Estate Team in Tennessee and #2 RE/MAX team in the World!