+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Austin, home to Elon Musk's Tesla, is the best city to start your career, a study has found. See the top 5.

Jun 29, 2023, 21:05 IST
Business Insider
Austin ranked highly for percentage of remote workers.Evan Semones - cosmophotography/Getty Images
  • Some cities are a much better bet than others for people starting out in their careers.
  • Financial services company Bankrate ranked the best and worst cities for young professionals.
Advertisement

Some cities offer much better opportunities than others for people attempting to start a career, a study has found.

Bankrate, a financial services company, put together a list of the best and worst cities for professionals who are just starting out. Austin, Texas, took the top spot.

The report analyzed metropolitan areas across the US on categories including GDP per capita, year-on-year job growth, cost of living, and percentage of remote workers.

Alex Gailey, an analyst at Bankrate, said: "More than ever, young workers crave work-life balance, the flexibility to work remotely, and higher pay – and these cities offer what young professionals are looking for."

Austin ranked highly for five-year population change of 25-34-year-olds, year-over-year job growth, and percentage of remote workers. The city is known as "Silicon Hills" and serves as a base for major companies such as Elon Musk's Tesla. Musk moved Tesla's headquarters to Texas from California at the end of 2021.

Advertisement

Some of the worst cities to launch a career were Birmingham, Memphis, and New Orleans, the study found.

5. Nashville-Davidson-Murfreesboro-Franklin

Nashville, TennesseeMichael Warren/Getty Images

4. Raleigh-Cary

Raleigh, North Carolina.Getty Images

3. Salt Lake City

Salt Lake City, Utah.DANIEL SLIM/AFP via Getty Images

2. Seattle-Tacoma-Bellevue

Seattle, Washingtonspotmatik / Shutterstock.com

1. Austin-Round Rock-Georgetown

Austin, Texasbenedek/Getty Images
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article