Thursday, August 30, 2012

North Dakota: #1 -- Top State For Young Adults

Link here.
North Dakota tops the rankings in MoneyRates.com’s list of 10 States Where Youth Rules, a study that compared a number of key factors across U.S. states to determine which ones offer the best conditions for young adults. The nine economic and lifestyle factors used in determining the rankings include: employment for young people, insurance costs for young drivers, college costs, affordability of housing, youth-oriented retailing, nightlife, healthfulness, the state’s youthfulness and housing availability.

The 10 best states for young adults, as determined by MoneyRates.com, include:
1. North Dakota
2. South Dakota
3. Iowa
4. Montana
5. Nebraska
6. Delaware
7. Vermont
8. Alaska
9. Utah
10. New Hampshire
Comment: With perhaps the exception of Alaska, none of the other states are known for its oil economy. Certainly South Dakota (#2) and Iowa (#3) are not, so one could argue that North Dakota earned #1 spot despite the housing availability and affordability of housing in the oil patch.  The state's oil patch would have lost points for those two parameters. The survey speaks well, then, for Minot, Bismarck, Jamestown, Devils Lake, Grand Forks, Fargo, and Glen Ullin.

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