Population between 20-29: 21.2 percent
Population 25 or older with a Bachelor's degree: 29.5 percent
Median earnings for Bachelor's degree holders: $45,023
Cost of living index: 93.2
Workers with management, business, science or arts jobs: 45.2 percent
Unemployment rate: 4.8 percent
Overall score: 70.64
Austin has a high percentage of young professionals, a well-educated population, an affordable cost of living and a low unemployment rate compared to other large cities in the country. In addition to a lively arts and music scene, Austin is home to the headquarters of some major technology corporations such as Dell and IBM. Contributing to the city’s well-educated workforce are 27 public and private colleges and universities in the region, the largest of which is the University of Texas at Austin.
