WASHINGTON – Many college graduates are passing up industrial centers and former hotspots in the Southwest, which have been hit hard by the recession, in favor of life in urban, high-tech meccas. Their moves are fueling a resurgence of brainiacs in parts of California, North Carolina and Texas.
Census data released Tuesday offer the first detailed look at U.S. migration data, broken down by education and income, since the recession began in late 2007.
The data covering 2006-2008 show that Austin, Texas, Portland, Ore., Charlotte and Raleigh, both in North Carolina, and Seattle saw large jumps in residents with at least a college degree. Each offers the promise of specialized tech jobs and hip lifestyles.
San Francisco, with its burgeoning biotech industry, saw significant increases in residents with advanced-level graduate degrees. Houston, home to NASA and several medical centers, saw gains in more educated residents but also those with only a high school diploma.
In contrast, metropolitan areas with high rates of foreclosures, less tech-based economies or increasing unemployment saw declines or slower rates of growth in residents with a college degree or higher. They included Los Angeles, Atlanta, Orlando, Fla., New Orleans, Detroit and Cleveland.
“During this economic downturn, young, educated professionals are heading for the high-tech ‘cool’ metros rather than the fast growing upstarts of the mid-decade,” said Dr. William Frey, a demographer at Brookings Institution, who analyzed the data. “The investment in knowledge industries and young professional amenities in places like Austin, Raleigh and Seattle is now paying off.”
The United States is becoming increasingly educated. More than one in four U.S. residents now has a college degree, with many recent graduates looking for jobs in a depressed economy. States and cities are also striving to boost their tax bases and stay competitive by attracting highly educated and higher income residents.
