5. Austin, TX
Austin’s reputation as a hip, affordable city with a college atmosphere has always attracted young job seekers—in fact, before the recession, Austin was the top city young people were moving to. Now D.C. has knocked it off the number-one spot, but that doesn’t make Austin unattractive.
CNN Money recently called it the top city for entrepreneurs, unsurprising with the state’s business-friendly policies and young population. Austin is also the home of the annual South by Southwest festival, which is perhaps best known for its music, but also attracts creative minds from all kinds of businesses to meet and share ideas.
Carla Lake is an assistant managing editor at InvestorPlace living in the D.C. metro area who now feels justified in her decision not to move far from home after college. As of this writing, she did not hold a position in any of the aforementioned securities.