Des Moines ranks top place for young professionals to live

For young professionals starting to grow their careers and incomes, navigating the uncertainty and volatility of the current economy can feel like an uphill battle—especially for those hoping to make the leap from renting to homeownership.

To determine the best places for young professionals to achieve their homeownership goals, Forbes Advisor compared the 100 most-populous metropolitan areas (99 of which had available data) across 10 metrics spanning four key categories: employment and pay, housing affordability, lifestyle and cost of living.

The Des Moines-West Des Moines, Iowa area ranks as the best place for young professionals. It ranked eighth-lowest for monthly rent costs at $1,103 and the area’s median home price is just $265,300. Plus, the area’s unemployment rate ranks seventh-lowest study-wide at 2.4%.

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Published July 2023 by Forbes Advisor.