BUFFALO, N.Y. (WIVB) — You’re in your 20s. You have a college degree in hand, thousands of dollars in debt attached to your name and your whole life ahead of you. Where would you choose to live? More and more recent graduates are saying ‘Buffalo.’
An article in Monday’s New York Times, ‘Where Young College Graduates Are Choosing to Live,’ mentions the City of Good Neighbors among cities where college-educated people age 25 to 34 are putting down roots. The article draws from a new report by City Observatory, a new think tank.
“And as young people continue to spurn the suburbs for urban living, more of them are moving to the very heart of cities — even in economically troubled places like Buffalo and Cleveland,” the Times article states.
According to the City Observatory report, Buffalo saw its population of college graduates, age 25 to 34, increase 34 percent from 2000 to 2012. The national average for the nation’s top 51 metro areas was 25 percent. Buffalo’s percentage change outpaced gains in such cities as Chicago, Boston, San Francisco and Atlanta.
Houston led the way in building its stock of recent college graduates, seeing its population double. Nashville, Denver, Austin and Portland, Oregon also experienced gains stronger than Buffalo.
The City Observer says some of the growth can be attributed to the urban renewal movement. About 25 percent more young college graduates live in metropolitan areas now than in 2000. And this age group as a whole is attracted to the ‘cool’ factor that cities have to offer – from loft apartments, bike-sharing and microbreweries to live theatre, sports and cultural acceptance.
“They want something exciting, culturally fun, involving a lot of diversity — and their fathers’ suburban lifestyle doesn’t seem to be all that thrilling to many of them,” economist Edward Glaeser is quoted as saying.
“If the trends continue, places like Pittsburgh and Buffalo could develop a new reputation — as role models for resurgance,” the Times article concludes.
You can read the full article here.