Pittsburgh Is Third Best City for New College Grads
With the average college student graduating with $37,090 in federal student loan debt, recent graduates are keeping money in mind and seeking affordable cities.
Pittsburgh is the third best city for new college graduates, according to Realtor.com’s analysis of U.S. cities based on rental affordability, rental availability, number of job opportunities, job stability, share of recent college graduates, average commute and lifestyle.
The rent-to-income ratio in the City of Bridges is 21.7%. The share of recent college grad-friendly jobs is 24.9%, with the average commute time clocking in at 25 minutes. The University of Pittsburgh and Carnegie Mellon also help give Pittsburgh a younger feel while offering further education and employment opportunities.
“For decades, Pittsburgh has been ranked among the nation’s top most livable cities,” Michelle Senko, president-elect of the Realtors® Association of Metropolitan Pittsburgh notes.
“While rich in history, education, culture and art, Pittsburgh hosts a growing number of industries including research, healthcare and technology. Highly sought-after colleges and universities line the city and give way to creating highly desirable rental and investment markets in the surrounding area neighborhoods.”
“As a matter of fact,” she adds, “Over 90 unique neighborhoods make up the city of Pittsburgh, offering a host of lifestyle amenities for everyone. Nationwide, Pittsburgh’s housing market stands out as one of the top in value and affordability.”
“Many people who come from out of town – ranging from visitors, students professionals, relocations and more – end up falling in love with our dynamic and friendly city,” Senko says. “And many end up making Pittsburgh the place they call home.”
Topics
Share this post
Member Discussion
Recent Articles
-
Seller Disclosures Unmasked: The Spooky Truth Behind What You Need to Share
- October 25, 2024
- 4 min. read
Seller’s Disclosure Law is all about making sure no one gets tricked by unexpected “treats” in their new home. However, there are several instances where a seller does not have to disclose certain information.
-
Nearly 70% of Homeowners Feel Secondhand Embarrassed by Neighboring Yards
- October 24, 2024
- 2 min. read
A large majority of homeowners expressed negative feelings toward their neighbors’ home upkeep and yard maintenance habits.
-
Winter Maintenance: Chimney and Heating Tips
- October 23, 2024
- 3 min. read
Experts share their insights and advice for the maintenance of chimneys and HVAC systems.
Daily Emails
You’ll be the first to know about real estate trends and various legal happenings. Stay up-to-date by subscribing to JustListed.