They may not always be the brightest, but the college-educated third of Americans often have a leg up on their degree-less peers. With more schooling, they not only have access to better job opportunities and bigger salaries, but educated workers also fill their citiesâ€™ coffers with the most tax dollars over time, according to the Economic Policy Institute.
One way to strengthen an economy, the EPI suggests, is to attract well-paying employers â€śby investing in education and increasing the number of well-educated workers.â€ť In states with the least schooled workforces, the median wage is $15 an hour compared with $19 to $20 an hour in states where 40 percent or more of the working population holds at least a bachelorâ€™s degree. Local governments appear to be catching on and maximizing the appeal of their cities to college graduates.
As the fall semester commences, WalletHub determined where the most educated Americans are choosing to settle. In order to do so, the research company compared the 150 largest U.S. metropolitan statistical areas across nine key metrics. The data set ranges from the percentage of adults aged 25 and older with a bachelorâ€™s degree or higher to the attainment gap between women and men.
The top give cities for educated families were: Ann Arbor, MI, Washington, DC. Madison, WI, Provo, UT and Colorado Springs, CO. The five least educated cities were: Lakeland, FL, Beaumont, TX, McAllen, TX, Bakersfield, CA and finally Visalia, CA.
Boise ranked no. 50 out of the 150 cities WalletHub considered.
For the full report, visit http://wallethub.com/edu/most-and-least-educated-cities/6656/.