While the upheaval caused by the current COVID-19 pandemic has been felt by just about every generation, one group in particular has faced a more difficult type of new world. Much of Gen Z – identified as those born between 1997 and 2012 with an age range of 16 to 24 by Pew Research Center – had to enter the labor market for the first time in an unprecedented context economic recession due to the pandemic. While Millennials were coined the most racially and ethnically diverse generation, the Pew Research Center noted that Gen Z has proven to be even more diverse, even after taking shape to become best educated generation again.
As Generation Z stands ready to transform the economic and social fabric of the nation, buddha, a mobile estimation site, released a new report on America’s Best Cities for the Post-Millennial Generation. Analyzing economic and social data sets, including population estimates (via the US Census Bureau), rent costs, employment opportunities, and the dating scene, the report focused on the best 25 American cities for the next generation of young adults. Read below for the main findings.
Three of the top five cities with the better job prospects are sprawling metropolises of more than 6 million inhabitants: Washington DC; San Francisco, California; and Boston, Massachusetts. The report also identified some of the major fields of study among Gen Z (business, health, social sciences and psychology) and has referenced the best cities for these degrees, naming places like Durham and Chapel Hill in North Carolina; Minneapolis and Saint Paul, Minnesota; Portland, Oregon; and Pittsburgh, Pennsylvania; among others.
In terms of affordability, Cincinnati, Ohio (up to ~ $ 676 for a one-bedroom apartment); Sioux Falls, South Dakota (up to ~ $ 700); and Fargo, North Dakota (up to ~ $ 696) lower than average rents and more room for maneuver in spending. Other affordable cities that have made the list include Madison, Wisconsin; Seattle, Tacoma and Bellevue in Washington; and Manchester, New Hampshire. Unsurprisingly, San Francisco, California ranked as the city with the highest cost of living. Finally, cities with a high concentration of young adults and people with a bachelor’s degree or above include Madison, Wisconsin; Fargo, North Dakota; Columbus, Ohio; and San Francisco, California.
For a more complete breakdown of the report, visit buddha.