Naperville #9 best city for new college graduates

Livability.com just named Naperville as the #9 city for college graduates. Here is the criteria they used:

To determine the best cities for recent college graduates, we analyzed factors such as the number of 25- to 34-year-olds living in each city, the availability of rental properties, unemployment rates, educational attainment levels, use of public transportation and the types of jobs these places offer. We also sought out cities that cater to a younger demographic by offering lots of recreational activities, hot nightlife and a hip vibe. What we found were places where new college graduates are likely to find jobs they’d actually want, homes they can afford and a social scene that allows them to more easily make new friends, fit in and engage with the community.

In assessing the best cities for new college grads, we took into account the top-hiring industries, which, according to the National Association of Colleges and Employers, are: educational services; professional, scientific and technical services; health care and social assistance; and government.

While it doesn’t say how these different factors are weighted, it seems to be a mix of job and quality of life opportunities. The list isn’t just about unemployment; it also includes cultural elements the “creative class” looks for in an exciting place to live.

And here is what they said about Naperville:

Just 30 miles west of Chicago and located along the DuPage River, Naperville, Ill., provides recent college grads with a blend of small-town charm and big-city amenities. It’s an ideal setting for young professionals who feel more comfortable in a suburban environment but want quick access to the offerings of a major metropolis.

An low unemployment rate of 5.5 percent among 25- to 34-year-olds, a high percentage of non-service industry jobs and excellent public transportation make Naperville an attractive area to start a job search. The city’s employment base includes technology firms, energy companies, retailers and factories. Citizens here are well-educated; more than 66 percent of 25- to 34-year-olds in Naperville hold bachelor’s degrees or higher. Finding an affordable place to rent won’t be difficult as nearly a quarter of residential properties in the city are rentals, many of which cost less than 30 percent of an average resident’s annual income.

The city’s picturesque Riverwalk and community parks see lots of activity from residents who exercise, play sports or just relax. Naperville’s quaint downtown includes the Theater District, which is home to the widely attended North Central College theater program. Residents can choose from more than 260 restaurants, including the Spanish-themed Meson Sabika and the award-winning Café Buonaro’s Italian restaurant.

This summary hits the high points that most profiles of Naperville:

1. Big city (over 140,000) but small-town feel. Perhaps it is the quaint but bustling downtown that sums this up well: it isn’t too big to be overwhelming but it does offer lots of shopping and dining options.

2. Thriving jobs center. Though Naperville has a large population, it is not just a bedroom community. There are numerous major companies with offices in town and this attracts an educated workforce.

3. The Riverwalk is a scenic and well-designed outside feature. Few communities have such pedestrian-friendly options so close to a vibrant downtown.

A “single lifestyle” the primary factor in making a city one of the worst for singles?

A recent list of the “10 Worst Cities for Singles” uses this criteria:

How did we come up with our list of the worst cities for singles? We started by looking for metropolitan areas with more than 125,000 people. Then we penalized places with small populations of singles, including the never-married, divorced and widowed. The share of unmarried residents in each of these bottom-ten cities is well shy of the national average.

Financial indicators didn’t boost the cities’ attractiveness. Although many of these areas boast below-average living costs, paychecks typically are way below average, too. We also factored in education level, keeping in mind that people with bachelor’s and advanced degrees are more likely to be gainfully employed. After all, you can’t exactly rock the single lifestyle without the earnings to fund it.

So there two primary factors in this analysis:

1. The number of single people. Presumably this has something to do with an exciting social scene, a la the culture and scene sought by the creative class. However, just measuring the number of single people doesn’t necessarily signal a more or less exciting cultural and entertainment scene.

2. The financial indicators are mainly about income, suggesting that single workers don’t want to be in places without high incomes. Does this mean younger workers only want higher-paying jobs? Is a high paying job the number one goal? The last line in the second paragraph above drives this point home: younger workers want a flashier “single lifestyle.”

All this seems to make some assumptions about single workers: they want high incomes, they want other singles around, and they want to “rock the single lifestyle.” While this may be the case for a number of them, it does highlight some different reasons for moving that are fairly accepted in American society today:

1. Economics. People need jobs. They should move where the jobs are. Young workers are particularly assumed to be more mobile and willing to move.

2. Finding exciting cultural centers. Places like Austin are held up as cities where one should move to enjoy life.

Are there other acceptable reasons for choosing where to live?

The “trick or treat index” for metropolitan areas and Chicago neighborhoods

In a ranking sure to bring in some Internet traffic, Zillow has put together a “trick or treat index”. The top ten cities: San Francisco, Boston, Honolulu, San Jose, Seattle, Los Angeles, Chicago, Washington D.C., Portland, and Philadelphia. You can also see the top neighborhoods for these cities. Here is what goes into the index:

Zillow takes numbers seriously, even when it comes to trick or treating. Taking the most holistic approach, the Trick-or-Treat Index is calculated using four equally weighted data variables: Zillow Home Value Index, population density, Walk Score and local crime data from Relocation Essentials. Based on these variables, the Index represents cities that will provide the most candy, with the fewest walking and safety risks.

A brief and clear explanation. The index includes four equally weighted factors: the price of homes (giving some indication of the wealth in the neighborhood), density (how many people/households are available to go to for candy), walkability (can easily walk to more candy locations), and crime rates (safety while trick-or-treating). All of this presumably adds up to identifying the best places to get candy: wealthy people are likely to give better candy, there are more households within a short walk, and it is safe. But, why don’t we get the actual ratings in these four categories for the top cities?

It is probably not worth anyone doing a serious research project on this but it would be interesting to crowdsource some data from Halloween to see how this index matches up with experiences on the ground. In other words, does this index have validity? This seems like a perfect Internet project – think GasBuddy for Halloween candy.

Can you name “America’s 50 Healthiest Counties for Kids” when you only account for 38% of US counties?

US News & World Report recently released a list of “America’s 50 Healthiest Counties for Kids.” However, there is a problem with the rankings: more than half of American counties aren’t included in the data.

About 1,200 of the nation’s 3,143 counties (a total that takes in county equivalents such as Louisiana’s parishes) were evaluated for the rankings. Many states don’t collect county-level information on residents’ health, whereas populous states, such as California, Florida and New York, tend to gather and report more data. In some counties, the population is so small that the numbers are unreliable, or the few events fall below state or federal reporting thresholds. And because states don’t collect county-level information on childhood smoking and obesity, the rankings incorporated percentages for adults. Catlin says this is justified because more adult smokers mean more children are exposed to secondhand smoke, a demonstrated health risk. Studies have also shown a moderately strong correlation between adult and childhood obesity, she says.

The experts who study community health yearn for more and better data. “We don’t have county-level data on kids with diabetes, controlled or uncontrolled, or on childhood obesity rates,” says Ali Mokdad of the Institute for Health Metrics and Evaluation at the University of Washington. “Almost every kid in this country goes to school. We could measure height and weight, but nobody’s connecting the dots.”

This won’t stop counties high on the list from touting their position. See this Daily Herald article about DuPage County coming in at #20. But, there should be some disclaimer or something on this list if a majority of US counties aren’t even considered. Or, perhaps such a list shouldn’t be too together at all.

How to define a good college town

Livability recently released a list of the Top 10 college towns and here is some discussion of how they defined such communities:

And for starters, we need a basic definition of a college town. “True college towns are places where the identity of the city is both shaped by and complementary to the presence of its university, creating an environment enjoyable to all residents, whether they are enrolled in classes or not,” Livability’s editors write. “They’re true melting pots, where young minds meet old traditions, and political, social, and cultural ideas of all kinds are welcomed.”

That’s pretty broad. But the editors go on: In a college town, “the college is not only a major employer, but also the reason for more plentiful shops, restaurants, and entertainment businesses.” And it has to look like a college town, too: “It doesn’t seem right to call a place a college town if you can’t tell classes are in session with a quick glance at the mix of people on a busy sidewalk.”…

For example, what would Baltimore be without the Johns Hopkins University? The economic equivalent of a smoldering hole in the ground, that’s what. Or consider Rochester or Syracuse, N.Y., from the same perspective. And what about Boston and Philadelphia—are they “college towns”?

As you’ll see from the list below, most of Livability’s “best” college towns are relatively small, remote places, based on colleges that are highly ranked by the Princeton Review. Livability, true to its name, also factored in cost of living and walkability. (College towns, by their nature, should be among the most pedestrian-friendly communities America has left.)

This sounds like a very traditional use of the term “college town”: places that are heavily dependent on the university or college and that are quaint yet cosmopolitan enough. I like the contrast with the big cities which often have a variety of colleges and amenities that cater to college students, faculty, and staff.

This leads to a few thoughts:

1. How many college students today pick colleges based on it being in a “college town”? The surrounding atmosphere must matter some.

2. How have college towns been affected by the recent economic downturn and its effects on college campuses? Let’s say the college bubble bursts like some are predicting: how badly hit will college towns be? Another way to put it might be to ask how resilient these communities would be if the college/university started struggling or is this another example of what could happen to communities that rely too heavily on one industry.

3. Why not include an attitudinal component with local residents asking how much they like or approve of or even know what is going on with the college? Town and gown relationships can be difficult and simply because a place is a “college town” doesn’t mean there isn’t some tension.

4. It would be interesting to trace the history of college towns and their appeal. Historically, were there advantages to having colleges in communities that were heavily dependent on them?

5. Just because a place looks like it is where learning should take place (and this seems very constructed), does it actually improve learning?

Washington D.C., not Chicago or LA, the real “second city” of the United States?

Perhaps Chicago should be worried about moving to #7 in a ranking of global cities: here is an argument that the real “second city” of the United States is not Chicago or Los Angeles but rather Washington D.C.

“I don’t think most people in the U.K.have any idea where Chicago is,” said Rowan Bridge, a BBC Radio producer who last year spent six months based in Washington D.C. “Most people in England think the United States consists of three cities — New York, Washington D.C., and Los Angeles — because they’re the ones that run the media, they’re the ones where the celebrities hang out, they’re the ones where the politicians are.”

Rosenthal notes that Chicago has long worried about its image, and it has never been a top global tourist destination, but a recent drop in international visitors highlights the challenge even a colossus like Chicago faces in getting its word out in a competitive global economy.

Reading this, it once again strikes me that the old urban hierarchy is being reordered by globalization and the dramatic expansion of the US federal government, to the disadvantage of Chicago and other cities. This, I believe, helps account for its recent struggle.

Joel Kotkin has tirelessly documented the remorseless rise of Washington, DC, rain or shine, in a manner defiant of business cycles. Washington, once a sort of commercial backwater, is now becoming much more a national capital of the type other countries have had…

So we have New York entrenched as America’s first city, and Washington, DC increasingly its new “Second City.” Los Angeles, which seems to have never quite recovered from the early 90s defense draw down, and Chicago with its 2000s malaise, seem to be the victims of DC’s rise. Another loser is Boston, which has seen its status as a financial hub decline and whose Route 128 corridor of tech, having first lost out to Silicon Valley, now appears to be losing out to NYC.

One way you could take this argument: politics and the power and money involved has increased in importance in recent decades. Hence, Washington D.C. has grown in importance because more is dependent on what takes place there. Interestingly, the rankings I discussed yesterday assign the lowest weight to the government: 30% is business activity, 30% is human capital, 15% for information exchange, 15% for cultural experience, and 10% for political engagement.

If that quote from Rowan Bridge accurately represents how people view the United States, what could Chicago do to stand out moving forward? Historically, Chicago has been known for several things. It was a true American boom city (particularly coming out of the Chicago Fire – this is clearly not the case today after population loss during the 2000s). It was and still is a transportation center as air, rail, truck, and ship traffic merge in the middle of the country. It has been known for financial innovations, such as selling and trading commodities, as well as architectural innovation (such as the International Style). Others have suggested it is “the most American city.” It has also been known for less noble things such as gangsters, segregation, corruption, the 1968 Democratic National Convention, and more recently, budget deficits. Mayor Emanuel and other leaders have work to do to help Chicago tread water and maintain its place among global cities…

In new Global Cities Index, Chicago drops a spot to #7

The 2012 Global Cities Index was released this week and Chicago dropped one spot to #7, swapping with Los Angeles:

In the rivalry between the world’s biggest cities, put another feather in the cap of New York. It bests London and Tokyo on a new Global Cities Index by A.T. Kearney and the Chicago Council on Global Affairs.

The ranking is based on five* key factors: business activity, human capital, information exchange, cultural experience, and political engagement. It covers the 66 largest cities around the world.

Paris, Tokyo, and Hong Kong round out the top five. Los Angeles is 6th, Chicago 7th, Washington, D.C. 10th, Boston 15th, Toronto 16th, and San Francisco 17th.

This new list is consistent with a ranking of the World’s Most Economically Powerful Cities, with Tokyo, New York, London, Chicago and Paris in the top five spots, published last fall here on Cities. While the leading global cities remain stable, globalization is increasing the turbulence and churning faced by other large world cities, as the study notes…

Read the article and also look at the top 66 cities in a chart (which includes the 2010 and 2008 rankings) – there is quite a gap between the top cities and everyone else. Also, Saskia Sassen offers some interesting analysis of “urban vectors” including this bit: “Washington, New York, and Chicago. These cities are becoming more important geopolitically than the United States is as a country.”

I don’t think Chicago should be worried about dropping a spot – there has been some small movement in the top 10 in recent rankings. At the same time, there is always a chance that Chicagoans might read a lot into this in their interest in remaining relevant.

See the full AT Kearney report here.

 

Why two media sources ranking the world’s wealthiest people is a good thing

While Forbes had the corner on the market for years in compiling a ranking of the world’s richest people, there is now another option: this week Bloomberg released its Billionaires Index. One commentator thinks we don’t need both Forbes and Bloomberg examining this topic:

The Forbes list, available online today, is published every March. (Its companion, the “Forbes 400” list of richest Americans published in September.) It’s hard to not feel that Bloomberg’s outing takes some of the air out of Forbes usually-hyped cover story on who are the world’s richest people. This year’s edition proves unexciting not only because there were few shake-ups in the top spots from 2011’s list, but also because these rankings don’t appear all that different from Bloomberg’s.

Highlights from 2012’s version: With $69 billion, Mexico’s Carlos Slim Helu ranks No. 1 again for the third year in the row. (The magazine also profiled him.) Helu was followed by another 1,225 billionaires, starting with Bill Gates, Warren Buffett, and Bernard Arnault (of Louis Vuitton fame), who were also two through four last year. But beside no one being knocked off the top of this year’s Forbes list, it’s markedly similar to how rich Bloomberg News told us these folks were. Here’s a side-by-side comparison, with Forbes on the left and Bloomberg on the right.

So there are slight differences. Bloomberg has Arnault one spot lower and places fashion mogul Amancio Ortega down to seventh. Bloomberg puts the Koch brothers in the top 10, whereas Forbes had them both pegged at 12th. But isn’t this hair-splitting? If anything, the discrepancies show how hard it is to measure rich people’s riches.

What today’s Forbes list shows more than anything is that we don’t need two billionaires lists reminding us how wealthy the wealthy are. If we had to choose one, we’d go with Bloomberg’s, since it’s updated daily instead of once a year. But we doubt that will stop Forbes from producing its longstanding annual issue as long folks keep buying it.

I disagree. Here is why: I think that having two media sources looking at this topic will actually give readers better information. With two publications tackling the subject, I hope this improves their measurement of wealth for both publications. Perhaps we could average the rankings across the publications to get a more accurate assessment of what is going on. In the end, two sets of people looking at the data is better than one. Because Bloomberg is updating this list daily, perhaps this will push Forbes to update their lists more frequently and move away from a magazine era schedule to an Internet era schedule. The two lists do have some differences and this is not inconsequential. Lots of people are interested in this list and I’m sure some of the people at the top of the list have some interest in where they rank. Of course, these differences can indicate “how hard it is to measure rich people’s riches” but this doesn’t mean we should just throw up our hands and go with one list. Just because these people are really wealthy doesn’t mean that we shouldn’t have more fine-grained analysis of their financial holdings. (This sometimes seems to happen quite a bit in sociology: we assume we know about the elites and so spend more time studying marginalized groups but we have fewer in-depth studies of the elites who do have a lot of influence in society.)

A second issue: Bloomberg obviously thinks there is a market for another list that is updated daily and so this is a market decision as well as a journalistic interest in updating this information more frequently. The Forbes list always gets a lot of attention and Bloomberg probably wants to draw away some of that market. I imagine there is enough room in the market for both lists to survive, particularly as the two could serve different markets. However, it will be interesting to see how the rest of the media responds to changes in the Bloomberg list: if someone moves up from #3 to #2 in the next few days, will there be news stories about it? Will journalists providing background information about the wealthy reference the Forbes or the Bloomberg list?

When the South’s top-ranked community for quality of life is full of McMansions

I think there is some annoyance in this article that On Numbers named West University Place that top suburb in the South for quality of life. How do I know? The reference to McMansions is a hint…

What makes a suburb an awesome suburb? If you said McMansions, refreshing homogeneity and a proximity to a Chili’s restaurant, then have we got a suburb for you.

Houston’s ritziest city-within-a-city, West University Place, was named the ‘burb with the best quality of life in the South by On Numbers.

On Numbers, a Business Journals publication, looked at more than 1,100 cities, towns, villages, municipalities and otherwise census-designated places with populations greater than 10,000 from Maryland to Texas, and graded them on 20 criteria, including household income, poverty rate, length of commute, percentage of professional workers, the percentage of homes that were built after 1990, and the rate of adults that have advanced degrees.

I don’t know if West University Place has a lot of McMansions but this comment seems fairly pointed. The McMansions are tied to bland suburbia, full of homogeneity (race? social class? attitudes and beliefs?) and chain restaurants.

For the record, On Numbers argues that they chose this community because of its high education levels:

Many streets in the Houston suburb are named after colleges, authors or poets. Rice University is located nearby. And 85 percent of West University Place’s adults hold bachelor’s degrees, the highest percentage in any Southern community.

This strong educational background is a key reason why West University Place ranks No. 1 in On Numbers’ quality-of-life standings for the Southern United States.

This is a wealthy community – a median household income of just over $180k and a median house value of over $660k – so it makes sense that it has a high quality-of-life.

The negative comment does raise some questions about quality-of-life measures. Should it include something like community atmosphere or history? Should a community be knocked down the list if it full of mass culture? Can you pick up on something like this from 20 statistics? Without a visit to the community, it would be hard. Additionally, the ratings privilege a more recent housing stock (homes built since 1990) and big houses (percent with 9+ rooms). New does not necessarily equal quality.

In order to put rankings like these together, you have to have a certain idea about what Americans want in their communities.

How to rank the luckiest cities in the United States

Perhaps we have taken these rankings lists too far: Men’s Health has ranked the luckiest cities in the United States.

Luck is like that dark matter stuff scientists have spent billions of dollars trying to find with the Large Hadron Collider—a powerful presence that people surmise exists but no one has actually seen. The difference is that we found luck. Using statistics instead of protons, we pinpointed the location of a large supply in, of all places, San Diego.

Wondering how Vegas didn’t hit this jackpot? Here’s our definition of good luck: the most winners of Powerball, Mega Millions, and Publishers Clearing House sweepstakes; most hole-in-ones (PGA); fewest lightning strikes (including the fatal kind) and deaths from falling objects (Vaisala Inc., National Climatic Data Center, CDC); and least money lost on lottery tickets and race betting (Bureau of Labor Statistics).

San Diego is number one on the list with Baltimore, Phoenix, Wilmington (Delaware), and Richmond rounding out the top five. Chicago is #36. The bottom five: Sioux Falls, Memphis, Jackson (Mississippi), Tampa, and Charleston (West Virginia).

What I like about this is that they are straightforward with what factors went into the rankings (though they might have been weighted). These are what we might consider “very rare” and cultural conditioned lucky events. The lottery is perhaps the poster child for this. If someone wins more than once, some suspicions might surface (see a story about a four-time Texas winner here). What about lesser luck, such as avoiding a car accident at the last minute or local sports teams coming up with miraculous plays at the end of a game or avoiding natural disasters? Such things would be much more difficult to measure and it might always be an open statistical question of whether strange occurrences could be explained by some other unmeasured or unknown factor.

Should anyone move to the luckier cities to really improve their chances? No, the statistical odds of any of these things happening is still quite small. In fact, it would be interesting to see how much really separates the luckiest cities from the unluckiest – are we talking a difference of 1 in a million? Ten in a million?

In the end, I think these rankings don’t really tell us much about anything. People shouldn’t use them as a guide and measuring luck is fraught with difficulty. Take the lottery winnings: could this simply reflect the fact that people in certain cities buy more tickets or their states have bigger lottery jackpots which encourages more participation? This is a story that uses real numbers to make a nebulous point in order to gain website clicks (guilty as charged) and sell magazines.