The Job Opportunities Grade provides a comprehensive assessment of the job market and strength of the local economy. This grade takes into account key factors, such as unemployment rates, stability of the job market, and affordability, in an attempt to capture the condition of an area’s employment opportunities. Learn where our data comes from.
|Percent Change in Employees||The percent change in the number of employed individuals from 2011 to 2014 at the county level.||U.S. Census||15.0%|
|Unemployment Rate||Percentage of residents who are unemployed.||U.S. Census||15.0%|
|Home Value to Income Ratio||The ratio of the median home value to the median family income, where lower is considered better.||U.S. Census||10.0%|
|Monthly Housing Cost to Income Ratio||The ratio of the median monthly housing cost for homeowners to the median monthly household income, where lower is better.||U.S. Census||10.0%|
|Percent Change in Establishments||The percent change in the number of businesses/establishments from 2011 to 2014 at the county level.||U.S. Census||10.0%|
|Rent to Income Ratio||The ratio of the median monthly rent to the median monthly individual income, where lower is better.||U.S. Census||10.0%|
|Working Age Newcomers||The percent of residents between the ages of 20 and 64 who moved into the area within the last year.||U.S. Census||10.0%|
|Higher Education Rate||Percentage of residents who have received a bachelor’s degree or higher.||U.S. Census||7.5%|
|Median Household Income||The median household income for the area.||U.S. Census||7.5%|
|Gini Index||A measure of an area’s income inequality, where a higher value indicates more inequality.||U.S. Census||5.0%|
The same methodology is used to produce the Jobs Grade for each ranked place. Statistics are primarily obtained from the U.S. Census and represent the most recent data available.
For more details about how we calculate our rankings, click here.