The best advice for young people seeking the American Dream isn’t “go west, young man” or “go east, young woman.” It’s: “check out Pittsburgh, Minneapolis, and Salt Lake City.”–The Atlantic
The Twin Cities have some of the best economic conditions for millennials in the country. A writer for The Atlantic recently combined several different outlooks and economic factors and found that that Minneapolis is one out of only three cities in the U.S with the combination of at least 50 percent of houses affordable to middle-class Millennials, and a top-10 finish in Chetty’s mobility calculations, meaning lower income families have better odds of working their way into middle class.
Credit: The Atlantic
Building off of several articles done by The Atlantic’s Derek Thompson that illustrate the favorable economic conditions in our fair state, Vox writer, Matt Yglesias crunched the numbers and found the Twin Cities offer the best economic conditions for millennials in the country.
Yglesias wrote that the metro’s high median household income, low cost of living, housing affordability, and high level of economic mobility all factor into the Twin Cities’ top ranking.
Graph credit: City Pages, Ben Johnson/Data: Wikipedia
City pages also noted that while Pittsburgh and Salt Lake City also rank high in affordability and mobility, we make more money. Making the Twin Cities the best place for young people.
