NerdWallet, a personal financial education and consumer advocacy website, recently undertook a nationwide analysis to identify the best places in the U.S. for STEM (science, technology, engineering and math) graduates to live. The Wilmington metropolitan area ranked #28 out of the Top 100. In its analysis, NerdWallet considered the median income of STEM employment opportunities in the area, the size of the area's STEM industry per 1,000 total jobs, and the area's median rental rate. The 354 largest U.S. metropolitan areas were analyzed using Bureau of Labor Statistics and U.S. Census data. In addition to income and affordability, the following were key factors in the ranking:
The Wilmington metro area features 74.18 STEM employees per 1,000 jobs and an impressive average STEM salary of $87,260.
Along with a median rent of $997, lower than many other top cities on this list, the Wilmington area has become an attractive destination for employees seeking to work in the STEM fields.
"It is our goal to continue to make Wilmington a city that is appealing to STEM-trained graduates, as well as to the companies who rely on them," said Mayor Dennis P. Williams. "This is made possible through a successful combination of partnerships between existing businesses, developers, residents, local colleges and universities, and a concentrated effort to create a economic climate conducive to STEM employers. We are very fortunate to have everyone in our community at the table, working to diversify and strengthen our economy."
Other metro areas that made the Top 30 include Seattle, Washington; San Francisco, California; and Boulder, Colorado.
Visit this link to read the full study or for more information and articles from NerdWallet.