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Minneapolis top livability city for college grads

Downtown Minneapolis, courtesy Minneapolis Convention & Visitors Bureau

Livability.com just named Minneapolis a Top 10 Best City for News College Grads 2014. The city was placed #5 on the list, for great job opportunities, a high concentration of young professionals and a diversity of cultural amenities.

The editors of Livability.com, in compiling the list, considered such factors as the number of 25- to 34-year olds living in each city, the availability of rental properties, unemployment rates, educational attainment levels, use of public transportation and type of jobs available. The editors also worked into the mix recreational activities, nightlife and "a hip vibe," according to the website.

Also taken into account were the top-hiring industries, which, according to the National Association of Colleges and Employers, are: educational services; professional, scientific and technical services; health care and social assistance; and government.

Minneapolis, the study found, "has more than 82,000 residents here between the ages of 25 and 34, with vast job opportunities available, especially in the city’s major industries including retail, marketing and banking. Finding an apartment or rental property is relatively easy as more than 50 percent of homes in Minneapolis are rentals, and roughly five percent of them are unoccupied. The majority of Minneapolis residents spend less than 30 percent of their annual income on housing, leaving them with plenty of money to spend on the city's array of entertainment options."
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