Thinking about moving to a new city for a job? Turns out, all cities are not created equal for jobs.
That’s why Glassdoor is revealing its newest report on the 25 Best Cities for Jobs. These 25 metros stand out for having the highest Glassdoor Job Score*, determined by weighting three factors equally: how easy it is to get a job (hiring opportunity), how affordable it is to live there (cost of living), and how satisfied employees are working there (job satisfaction).
As part of this report, we include each metro’s median pay for employees, median home value, job satisfaction rating, number of current job openings and population. Check out which cities made the cut.
How 50 Cities Compare for Jobs
Want to see how 50 cities compare by rank for each of the specific three factors – hiring opportunity, cost of living and job satisfaction? By doing so, you’ll discover which cities are best for what matters most to you when it comes to finding a job. Check out Glassdoor’s interactive tool.
In addition, there are key takeaways from this report that job seekers may want to keep in mind. Glassdoor Chief Economist Dr. Andrew Chamberlain weighs in:
Why Raleigh Takes Top Honor
Raleigh has long held a reputation for tech companies looking to flee the expensive and congested Northeast corridor, with companies like IBM, Cisco and SAS setting up shop in North Carolina. Raleigh is also situated in the famous “Research Triangle” and has several universities feeding skilled workers to employers. Couple this with Raleigh’s walkable neighborhoods and affordable homes, it’s no surprise that Raleigh stands out as the best city for jobs.
What the Best Have in Common
Raleigh’s appeal mirrors the overarching trend we’re seeing across this list. The cities that really stand out offer job seekers what they really want: a stable career that they’re happy with, and the feeling that they can get ahead and eventually own a home. We see this taking place in fast-growing, mid-sized tech magnets like Austin and Seattle, which have benefitted tremendously from the tech boom as an alternative to high-cost tech hubs such as San Francisco, Boston and New York City. Job seekers are also being pulled towards cities like Kansas City and Louisville that boast a stable middle-class and affordable, family-friendly neighborhoods. While these cities may not have scorching tech job growth, they make up for it with low housing costs compared to paychecks and affordable middle-class neighborhoods.
Many cities on this list offer great economic value for job seekers, but are facing a roadblock with branding. The dramatic transformation of America’s mid-sized cities hasn’t kept up with public perception of where the best places for work really are. While salaries tend to skew on the lower side in these cities, they counter this with affordable housing options and vibrant job markets in which people can get hired, then advance their careers. A key takeaway for job seekers is that a bigger city doesn’t always mean better when it comes to finding a job, being satisfied in that job and affording a mortgage.
Want to find a job you love where you live, or in a new city? Search for jobs today.
*Methodology: Glassdoor’s Best Cities for Jobs report identifies U.S. metros with the highest overall Glassdoor Job Score, based on a comparison of the 50 most populated U.S. metros. Each region’s Glassdoor Job Score, based on a 5-point scale (5.0=best city for a job, 1.0=worst city for a job), is determined by weighting three factors equally: hiring opportunity, cost of living and job satisfaction.
- Hiring opportunity is determined by the ratio of active job openings to population. (Job openings per metro represent active job listings on Glassdoor as of 4/30/15. Population data is according to the U.S. Office of Management & Budget).
- Cost of living is determined by the ratio of median annual base salary to median metro home value. (Median annual base salary per metro based on at least 1,100 salary reports shared by local employees on Glassdoor over the past year (4/28/14-4/27/15). Median home value is according to the Zillow Home Value Index for All Homes, as of March 2015).
- Job satisfaction ratings per metro is based on at least 1,000 company reviews shared by local employees on Glassdoor over the past year (4/28/14-4/27/15; Ratings based on a 5-point scale: 5.0=very satisfied, 1.0=very dissatisfied).