31. New Mexico
> Most educated city: Santa Fe
> Pct. of adults with a bachelor’s degree or higher: 41.7%
> Median household income: $57,863
> Unemployment rate: 5.2%
> Number of postsecondary institutions: 7
Santa Fe is New Mexico’s most educated city with more than 40% of its adult residents holding at least a college degree. Santa Fe beat out New Mexico’s three other metro areas: Albuquerque, Las Cruces, and Farmington.
Santa Fe’s poverty rate of 14.3% is more than 5 percentage points below the state poverty rate of 19.8%. Similarly, the metro area’s 5.2% jobless rate — while higher than that of most metro areas — compares favorably to the 6.3% statewide unemployment rate.
32. New York
> Most educated city: Ithaca
> Pct. of adults with a bachelor’s degree or higher: 51.7%
> Median household income: $56,349
> Unemployment rate: 4.2%
> Number of postsecondary institutions: 4
In several states, the most educated metro area is a college town, and few American college towns are as iconic as Ithaca, New York. Home to Cornell University and Ithaca College, Ithaca is the only metro area in the state in which over half of all adults have a four-year college degree.
As is often the case in metro areas with well-educated populations, Ithaca’s economy is relatively healthy. Only 4.2% of Ithaca’s labor force is out of a job, the lowest unemployment rate of any New York metro area and well below the statewide unemployment rate of 4.8%.
33. North Carolina
> Most educated city: Raleigh
> Pct. of adults with a bachelor’s degree or higher: 47.2%
> Median household income: $71,685
> Unemployment rate: 3.6%
> Number of postsecondary institutions: 21
With a 47.2% bachelor’s degree attainment rate, Raleigh is the most educated metro area in North Carolina and one of the most educated in the United States. Higher educational attainment often leads to higher paying jobs, and incomes in Raleigh are far above comparable figures across the state. The typical Raleigh household earns $71,685 a year, about $21,100 more than the typical North Carolina household.
34. North Dakota
> Most educated city: Fargo
> Pct. of adults with a bachelor’s degree or higher: 38.9%
> Median household income: $60,009
> Unemployment rate: 2.2%
> Number of postsecondary institutions: 10
Fargo beat out Bismarck and Grand Forks as North Dakota’s most educated city. Some 38.9% of Fargo’s adults graduated from college, compared to 29.6% of North Dakotan adults overall.
Fargo has the nation’s fourth-lowest unemployment rate at just 2.2%. The state’s job market as a whole is very strong. North Dakota’s unemployment rate is just a tick higher than Fargo’s at 2.3%. That number gives North Dakota the lowest unemployment rate of any state.
> Most educated city: Columbus
> Pct. of adults with a bachelor’s degree or higher: 36.0%
> Median household income: $60,294
> Unemployment rate: 4.3%
> Number of postsecondary institutions: 59
Columbus has a higher share of adults with at least a bachelor’s degree than any of Ohio’s 10 other metro areas. The city’s 36.0% college attainment rate exceeds the Buckeye State’s rate of 27.5%.
Columbus has much going for it. It is home to Ohio State University, which has one of the largest enrollments among U.S. universities. Nearly 60,000 students attend the school’s Columbus campus. Columbus is also the state capital, which may explain why 5.8% of the city’s labor force hold state government jobs, many of which require a college degree.
Sponsored: Find a Qualified Financial Advisor
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.