The Atlantic Cities ran a story in January from Richard Florida that asks, “Does Human Capital Tend to Cluster in Center Cities or the Suburbs?”
Human capital, another way to describe educated people, represents “a key factor in the growth of cities and metro regions,” the story reads.
Florida studied the way that human capital spreads out in cities and suburbs throughout the country and its impact on local economies. He used 2000 U.S. Census data to get the percentages of college grads for those areas.
Minneapolis and St. Paul are among the top 10 large metros with the most college grads in the center city, it reads. About 35 percent of the area’s residents hold bachelor’s degrees, the study found.
“Knowledge-based high tech metros top the list,” the story states.