Even before hundreds of thousands of students deferred college as a result of the coronavirus pandemic, enrollment in higher education in the U.S. had declined 11%, from 20.5 million in 2011 to 18.2 million in 2019. Reasons for this decline include rising tuition and a record-low streak of unemployment that encouraged would-be college students to enter the workforce instead. (This is the cost of college the year you were born.)
This decline came despite the fact college graduates typically earn higher wages. The median annual income for a full-time worker without a college education is $30,000, or $22,000 less than a full-time worker with a bachelor’s degree, according to recent data from the Federal Reserve Bank of New York.
Nationwide, 32.9% of the 25 and older population have a bachelor’s degree or higher, but the bachelor’s degree attainment rate varies considerably nationwide.
To find the most educated cities in the country, 24/7 Wall St. ranked metropolitan areas by the percentage of the 25 and older residents who have a bachelor’s degree or higher. Educational attainment rates, median household income, and population data are five-year estimates for 2020 and came from the U.S. Census Bureau’s 2020 American Community Survey. April 2022 unemployment rates came from the U.S. Bureau of Labor Statistics.
So where are the most educated metropolitan areas in the United States? They tend to be centered around universities, but not all of them have large populations. One of the most educated cities in the country is Corvallis, Oregon. The metro, home to Oregon State University, has a population of just 95,184. Ten of the most educated cities in the country have populations of fewer than 200,000.
The share of adults over the age of 25 holding at least a bachelor’s degree in the metropolitan areas on the list ranges from 39% in Tallahassee, Florida, to 63% in Boulder, Colorado. California is home to four cities on the list, the most of any state. (Find out if any of these metros are among the cities where a college education pays off the most.)
Though 15 metro areas on the list have a median household income below the comparable national figure of $64,994, the rest have median incomes above the national median. In six metro areas, the median annual household income is above $90,000, including Boston, Bridgeport, and Washington D.C.
The unemployment rate in 13 of these 50 most-educated cities is above the national unemployment rate of 3.6% in April 2022, the most recent estimates for metro areas. The rest of the metros have a lower unemployment rate.
At least 15 states do not have cities that are among the 50 most educated, including Ohio, the country’s seventh largest state by population. Two other high-population states that did not make the list are Arizona and Tennessee.
Here is the most-educated city in the country
50. Chicago-Naperville-Elgin, IL-IN-WI
> Adults with at least a bachelor’s degree: 39.0%
> Adults with a graduate or professional degree: 15.4%
> Median household income: $74,621
> Unemployment rate April, 2022: 4.4%
> Population: 9,618,502
[in-text-ad]
49. Tallahassee, FL
> Adults with at least a bachelor’s degree: 39.0%
> Adults with a graduate or professional degree: 16.4%
> Median household income: $53,423
> Unemployment rate April, 2022: 3.0%
> Population: 384,298
48. Fargo, ND-MN
> Adults with at least a bachelor’s degree: 39.1%
> Adults with a graduate or professional degree: 12.0%
> Median household income: $65,995
> Unemployment rate April, 2022: 2.0%
> Population: 249,843
47. Lincoln, NE
> Adults with at least a bachelor’s degree: 39.3%
> Adults with a graduate or professional degree: 14.6%
> Median household income: $62,883
> Unemployment rate April, 2022: 1.9%
> Population: 340,217
[in-text-ad-2]
46. Hilton Head Island-Bluffton, SC
> Adults with at least a bachelor’s degree: 39.3%
> Adults with a graduate or professional degree: 16.1%
> Median household income: $67,723
> Unemployment rate April, 2022: 3.1%
> Population: 215,908
45. Wilmington, NC
> Adults with at least a bachelor’s degree: 39.4%
> Adults with a graduate or professional degree: 13.4%
> Median household income: $57,488
> Unemployment rate April, 2022: 3.1%
> Population: 285,905
[in-text-ad]
44. Atlanta-Sandy Springs-Alpharetta, GA
> Adults with at least a bachelor’s degree: 39.5%
> Adults with a graduate or professional degree: 15.0%
> Median household income: $71,193
> Unemployment rate April, 2022: 3.1%
> Population: 6,089,815
43. San Diego-Chula Vista-Carlsbad, CA
> Adults with at least a bachelor’s degree: 39.5%
> Adults with a graduate or professional degree: 15.3%
> Median household income: $82,426
> Unemployment rate April, 2022: 3.9%
> Population: 3,298,634
42. Hartford-East Hartford-Middletown, CT
> Adults with at least a bachelor’s degree: 39.6%
> Adults with a graduate or professional degree: 17.2%
> Median household income: $78,631
> Unemployment rate April, 2022: 4.3%
> Population: 1,213,531
[in-text-ad-2]
41. Huntsville, AL
> Adults with at least a bachelor’s degree: 39.8%
> Adults with a graduate or professional degree: 15.0%
> Median household income: $66,450
> Unemployment rate April, 2022: 2.1%
> Population: 491,723
40. Kalamazoo-Portage, MI
> Adults with at least a bachelor’s degree: 39.8%
> Adults with a graduate or professional degree: 15.7%
> Median household income: $58,836
> Unemployment rate April, 2022: 4.0%
> Population: 261,670
[in-text-ad]
39. Athens-Clarke County, GA
> Adults with at least a bachelor’s degree: 40.1%
> Adults with a graduate or professional degree: 20.3%
> Median household income: $49,503
> Unemployment rate April, 2022: 2.8%
> Population: 215,415
24/7 Wall St.
38. Rochester, MN
> Adults with at least a bachelor’s degree: 40.3%
> Adults with a graduate or professional degree: 16.3%
> Median household income: $76,787
> Unemployment rate April, 2022: 1.9%
> Population: 226,329
37. Portland-Vancouver-Hillsboro, OR-WA
> Adults with at least a bachelor’s degree: 40.4%
> Adults with a graduate or professional degree: 15.2%
> Median household income: $77,511
> Unemployment rate April, 2022: 3.7%
> Population: 2,512,859
[in-text-ad-2]
36. Provo-Orem, UT
> Adults with at least a bachelor’s degree: 40.7%
> Adults with a graduate or professional degree: 12.5%
> Median household income: $76,864
> Unemployment rate April, 2022: 1.8%
> Population: 671,185
35. Bloomington, IN
> Adults with at least a bachelor’s degree: 40.7%
> Adults with a graduate or professional degree: 19.4%
> Median household income: $52,226
> Unemployment rate April, 2022: 2.0%
> Population: 161,039
[in-text-ad]
34. Santa Fe, NM
> Adults with at least a bachelor’s degree: 40.7%
> Adults with a graduate or professional degree: 20.1%
> Median household income: $60,668
> Unemployment rate April, 2022: 4.5%
> Population: 154,823
33. Baltimore-Columbia-Towson, MD
> Adults with at least a bachelor’s degree: 41.0%
> Adults with a graduate or professional degree: 18.4%
> Median household income: $83,811
> Unemployment rate April, 2022: 4.2%
> Population: 2,844,510
32. Portland-South Portland, ME
> Adults with at least a bachelor’s degree: 41.2%
> Adults with a graduate or professional degree: 15.8%
> Median household income: $72,552
> Unemployment rate April, 2022: 3.0%
> Population: 551,740
[in-text-ad-2]
31. New York-Newark-Jersey City, NY-NJ-PA
> Adults with at least a bachelor’s degree: 41.4%
> Adults with a graduate or professional degree: 17.5%
> Median household income: $81,951
> Unemployment rate April, 2022: 4.8%
> Population: 20,140,470
30. Santa Cruz-Watsonville, CA
> Adults with at least a bachelor’s degree: 41.8%
> Adults with a graduate or professional degree: 17.4%
> Median household income: $89,986
> Unemployment rate April, 2022: 4.4%
> Population: 270,861
[in-text-ad]
29. Minneapolis-St. Paul-Bloomington, MN-WI
> Adults with at least a bachelor’s degree: 42.7%
> Adults with a graduate or professional degree: 14.8%
> Median household income: $82,887
> Unemployment rate April, 2022: 2.2%
> Population: 3,690,261
28. Trenton-Princeton, NJ
> Adults with at least a bachelor’s degree: 43.5%
> Adults with a graduate or professional degree: 20.4%
> Median household income: $83,306
> Unemployment rate April, 2022: 3.4%
> Population: 387,340
27. Seattle-Tacoma-Bellevue, WA
> Adults with at least a bachelor’s degree: 43.6%
> Adults with a graduate or professional degree: 16.8%
> Median household income: $90,790
> Unemployment rate April, 2022: 3.4%
> Population: 4,018,762
[in-text-ad-2]
26. Champaign-Urbana, IL
> Adults with at least a bachelor’s degree: 43.7%
> Adults with a graduate or professional degree: 22.7%
> Median household income: $54,897
> Unemployment rate April, 2022: 3.9%
> Population: 222,538
25. Missoula, MT
> Adults with at least a bachelor’s degree: 44.2%
> Adults with a graduate or professional degree: 16.5%
> Median household income: $56,247
> Unemployment rate April, 2022: 2.5%
> Population: 117,922
[in-text-ad]
24. Columbia, MO
> Adults with at least a bachelor’s degree: 44.3%
> Adults with a graduate or professional degree: 19.1%
> Median household income: $57,980
> Unemployment rate April, 2022: 2.5%
> Population: 210,864
23. Bloomington, IL
> Adults with at least a bachelor’s degree: 44.6%
> Adults with a graduate or professional degree: 15.2%
> Median household income: $68,037
> Unemployment rate April, 2022: 3.7%
> Population: 170,954
22. Denver-Aurora-Lakewood, CO
> Adults with at least a bachelor’s degree: 44.7%
> Adults with a graduate or professional degree: 16.3%
> Median household income: $83,289
> Unemployment rate April, 2022: 3.6%
> Population: 2,963,821
[in-text-ad-2]
21. Ames, IA
> Adults with at least a bachelor’s degree: 44.9%
> Adults with a graduate or professional degree: 18.1%
> Median household income: $60,442
> Unemployment rate April, 2022: 2.3%
> Population: 125,252
20. Barnstable Town, MA
> Adults with at least a bachelor’s degree: 45.0%
> Adults with a graduate or professional degree: 20.1%
> Median household income: $76,863
> Unemployment rate April, 2022: 4.5%
> Population: 228,996
[in-text-ad]
19. State College, PA
> Adults with at least a bachelor’s degree: 45.8%
> Adults with a graduate or professional degree: 22.2%
> Median household income: $61,921
> Unemployment rate April, 2022: 3.4%
> Population: 158,172
24/7 Wall St.
18. Austin-Round Rock-Georgetown, TX
> Adults with at least a bachelor’s degree: 46.0%
> Adults with a graduate or professional degree: 16.6%
> Median household income: $80,852
> Unemployment rate April, 2022: 3.0%
> Population: 2,283,371
17. Burlington-South Burlington, VT
> Adults with at least a bachelor’s degree: 46.2%
> Adults with a graduate or professional degree: 18.6%
> Median household income: $73,447
> Unemployment rate April, 2022: 2.0%
> Population: 225,562
[in-text-ad-2]
16. Durham-Chapel Hill, NC
> Adults with at least a bachelor’s degree: 46.4%
> Adults with a graduate or professional degree: 22.8%
> Median household income: $64,745
> Unemployment rate April, 2022: 3.0%
> Population: 649,903
15. Madison, WI
> Adults with at least a bachelor’s degree: 47.1%
> Adults with a graduate or professional degree: 18.6%
> Median household income: $73,807
> Unemployment rate April, 2022: 2.2%
> Population: 680,796
[in-text-ad]
14. Fort Collins, CO
> Adults with at least a bachelor’s degree: 47.7%
> Adults with a graduate or professional degree: 19.6%
> Median household income: $76,366
> Unemployment rate April, 2022: 3.0%
> Population: 359,066
13. Raleigh-Cary, NC
> Adults with at least a bachelor’s degree: 47.8%
> Adults with a graduate or professional degree: 17.8%
> Median household income: $78,706
> Unemployment rate April, 2022: 3.0%
> Population: 1,413,982
12. Bridgeport-Stamford-Norwalk, CT
> Adults with at least a bachelor’s degree: 48.9%
> Adults with a graduate or professional degree: 21.8%
> Median household income: $97,539
> Unemployment rate April, 2022: 4.4%
> Population: 957,419
[in-text-ad-2]
11. Boston-Cambridge-Newton, MA-NH
> Adults with at least a bachelor’s degree: 48.9%
> Adults with a graduate or professional degree: 22.3%
> Median household income: $93,537
> Unemployment rate April, 2022: 3.6%
> Population: 4,941,632
10. Iowa City, IA
> Adults with at least a bachelor’s degree: 49.7%
> Adults with a graduate or professional degree: 22.5%
> Median household income: $63,131
> Unemployment rate April, 2022: 2.7%
> Population: 175,419
[in-text-ad]
9. Charlottesville, VA
> Adults with at least a bachelor’s degree: 50.3%
> Adults with a graduate or professional degree: 23.9%
> Median household income: $75,176
> Unemployment rate April, 2022: 2.6%
> Population: 221,524
24/7 Wall St.
8. San Francisco-Oakland-Berkeley, CA
> Adults with at least a bachelor’s degree: 50.7%
> Adults with a graduate or professional degree: 20.9%
> Median household income: $110,837
> Unemployment rate April, 2022: 3.3%
> Population: 4,749,008
7. Lawrence, KS
> Adults with at least a bachelor’s degree: 51.2%
> Adults with a graduate or professional degree: 23.4%
> Median household income: $61,020
> Unemployment rate April, 2022: 2.4%
> Population: 118,785
[in-text-ad-2]
6. Washington-Arlington-Alexandria, DC-VA-MD-WV
> Adults with at least a bachelor’s degree: 51.7%
> Adults with a graduate or professional degree: 25.6%
> Median household income: $106,415
> Unemployment rate April, 2022: 3.6%
> Population: 6,385,162
5. San Jose-Sunnyvale-Santa Clara, CA
> Adults with at least a bachelor’s degree: 52.5%
> Adults with a graduate or professional degree: 25.0%
> Median household income: $129,343
> Unemployment rate April, 2022: 2.8%
> Population: 2,000,468
[in-text-ad]
4. Ithaca, NY
> Adults with at least a bachelor’s degree: 53.1%
> Adults with a graduate or professional degree: 29.6%
> Median household income: $61,361
> Unemployment rate April, 2022: 2.7%
> Population: 105,740
24/7 Wall St.
3. Corvallis, OR
> Adults with at least a bachelor’s degree: 53.3%
> Adults with a graduate or professional degree: 24.0%
> Median household income: $65,142
> Unemployment rate April, 2022: 2.9%
> Population: 95,184
2. Ann Arbor, MI
> Adults with at least a bachelor’s degree: 56.7%
> Adults with a graduate or professional degree: 30.0%
> Median household income: $75,730
> Unemployment rate April, 2022: 3.4%
> Population: 372,258
[in-text-ad-2]
1. Boulder, CO
> Adults with at least a bachelor’s degree: 63.0%
> Adults with a graduate or professional degree: 28.4%
> Median household income: $87,476
> Unemployment rate April, 2022: 2.8%
> Population: 330,758
In 20 Years, I Haven’t Seen A Cash Back Card This Good
After two decades of reviewing financial products I haven’t seen anything like this. Credit card companies are at war, handing out free rewards and benefits to win the best customers.
A good cash back card can be worth thousands of dollars a year in free money, not to mention other perks like travel, insurance, and access to fancy lounges.
Our top pick today pays up to 5% cash back, a $200 bonus on top, and $0 annual fee. Click here to apply before they stop offering rewards this generous.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.