With a recession-proof and stable economy, Austin is the most attractive city to college grads. According to new research from William Frey at the Brookings Institution, 2010 was a record-slow year for interstate migration, or migration from one state to another, for everywhere except Austin. From 2007-2009, Austin increased its college graduate populations by an average migration gain of 2.81% annually (up from 2.31% in 2005-2007), while the national average declined. This national stall in migration is due to a brutal job market and housing crisis, forcing college graduates to move home or stay put. As the only large metro with an increase in college graduate migration gains of more than 2 percent, Austin’s healthy job market and affordable housing wiil continue to attract college-educated adults.
Read time: 1 minute