Lexington No. 31, Louisville 37th
LEXINGTON, Ky. (Dec. 27, 2016) — Nerdwallet, a personal finance website, has ranked Lexington No. 31 and Louisville No. 37 among the best 100 cities for job seekers in 2017.
Cities were ranked based on October 2016 unemployment rates from the U.S. Bureau of Labor Statistics and the increase in the working-age population from 2010 to 2015 from U.S. Census Bureau data. These two metrics, which represent the health of a city’s job market, were given the most weight. Methodology also includes census data for median earnings and median monthly rent in each city to provide a gauge of cost of living.
Lexington received a score of 62.80. According to Nerdwallet, Lexington had a 3.4 percent unemployment rate in October, 12.68 percent employment growth from 2010-2015, $42,247 median 2015 annual earnings for full-time workers and $816 median monthly rent.
Louisville scored 62.01, with a 3.9 percent unemployment rate in October, 14.54 percent employment growth from 2010-2015, $41,134 median 2015 annual earnings for full-time workers and $769 median monthly rent.
Austin, Texas was No. 1 with a score of 78.96.