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According to data from the Bureau of Labor Statistics, full-time workers with a bachelor’s degree have median weekly earnings of $1,189, while median weekly earnings for high school graduates are $718 and $515 for full-time workers without a high school degree.
Being a college graduate usually leads to a higher paying job, which is oftentimes found within desirable cities and neighborhoods or in close proximity to them.
When enough college graduates are living in one town or city, the housing market becomes competitive and home values increase, which all homeowners hope for when they make the massive investment of buying a house.
Using the most up-to-date data on over 25,000 American cities, LendEDU found the places that have the highest proportions of residents with a bachelor’s degree.
This can be valuable information for any prospective homebuyer as the cities featured below likely have convenient proximity to high paying jobs and competitive housing markets which should lead to an excellent return on investment when it becomes time to sell down the road.
After analyzing data for over 25,000 American cities, each was ranked according to its percentage of college graduates relative to its current population.
Specifically, Longwood has 10,773 college graduates out of a population of 53,707, which is 20.06% as a percentage. The analysis looked at both incorporated and unincorporated areas around each city.
These numbers rank Longwood #474 in the entire country and #14 in Florida.