Atlanta Wins in Battle of Cities for Young and Hip

The New York Times reports on Atlanta's success at luring the 25-34 year old group between 1990 and 2000:

the number of 25- to-34-year-olds with four-year college degrees in the city increased by 46 percent, placing Atlanta in the top five metropolitan areas in terms of growth rate, and a close second to San Francisco in terms of overall numbers. Charlotte, N.C., also outperformed Atlanta, with a growth rate of 57 percent, the second highest in the country after Las Vegas.

(Demographers point out that Las Vegas started with very small numbers and still ranks last among major cities when it comes to the percentage of its 25- to 34-year-olds with a college degree.)

Atlanta did particularly well with young, educated blacks — a boon for employers seeking to diversify their ranks. The city’s report zeroed in on people like Tiffany Patterson, 27, who on a recent Thursday night was hanging out at Verve, the sleek new Midtown bar and restaurant that is one of her marketing clients.

The place was thrumming with young African-Americans in leather jackets, stilettos or pinstripe suits — the kind of vibe, said Ms. Patterson, who is from Dallas, that made her stay in Atlanta after college.

“If I go home, women my age are looking for a husband,” she said. “They have a cubicle job.”

In Atlanta, Ms. Patterson said, she can afford a new town house. A few years ago, she decided to leave her financial sector job and start her own business as a marketing consultant.

“I thought, I can break out and do it myself,” she said. “It really is the city of the fearless.”

The recent study, based on census figures and conducted by Joe Cortright of Impresa Consulting in Portland and Carol Coletta, president and chief executive of CEOs for Cities, a nonprofit organization in Chicago, showed that Atlanta won its net gain in educated young people by luring them from New York, Washington, Los Angeles, Chicago and Houston.

By and large, affordable cities real estate wise seem to be attracting people.This article is well worth your read.