The Little Rock-North Little Rock-Conway MSA was recently named by Forbes among the top 10 metro areas in the country for young professionals.
Forbes ranked the top metros in the country by comparing data across the 100 most populous metros in employment and pay, housing affordability, lifestyle, and cost of living. The Little Rock-North Little Rock-Conway MSA ranked No. 10.
“A young adult’s money goes a long way in the Little Rock metro area compared to other places in the country,” the report read. “In addition to the cost of living in Little Rock being around 17% lower than the national average, rent costs run just $1,117 per month on average and the median home price is only $203,000. A 10% down payment on a median-priced home equates to 58.36% of the median individual income.”
The Little Rock-North Little Rock-Conway MSA ranked No. 47 in employment and pay, No. 7 in housing affordability, No. 65 in lifestyle, and No. 28 in cost of living.