WalletHub Rates the Best and Worst Cities in Texas for Finding a Job
WalletHub analyzed data for 122 cities across the Lone Star State to come up with the Best and Worst Cities in Texas for finding a job. This survey included Tyler, Longview, Lufkin, Nacogdoches, and Marshall.
So, how did we rate?
First, a little background. WalletHub is self-described as the web's best personal finance resource and several times a week they release lists of the best of and/or the worst of finance, education, or economic related studies. In this case, WalletHub set forth two major areas to analyze the data. The 'Job Market' data which includes job opportunities, employment growth, and starting salary, to name a few. The 'Socioeconomic Environment' is also considered and includes data such as annual income, commute time, and housing costs.
Now, the rankings, which leave a bit to be desired.
No city in East or Northeast Texas made the top 55. Longview rated the best from cities in the Eastern third of Texas coming in at 56. Tyler followed at 62, Marshall ranked 78th, Nacogdoches at 82, Lufkin at 83, Paris ranked 96th, Huntsville 99th, and Texarkana came in at 113th in the survey of 122 Texas cities.
The top 5 cities that were job friendly in Texas are Southlake, Coppell, University Park, Flower Mound, and Sugarland. Brownsville ranked last followed by Copperas Cove, Texas City, El Paso, and Killeen.
In breaking down some of the specifics, Lufkin had good to great scores in categories such as commute time to work and unemployment rates, in fact, Lufkin ranked #1 for unemployment rates for residents with a Bachelor's Degree or higher. However, Lufkin ranked no better than 100 out of 122 cities in categories such as monthly median starting salary, industry variety, median annual income, and crime rate.
Nacogdoches, meanwhile, came out with great marks for categories such as commute time, annual transportation costs and unemployment rate for high school graduates. However, Nacogdoches ranked no better than 100th in many of the same categories in which Lufkin struggled.
Here's a side by side of the some of those specific rankings
Job opportunites 42 53
Employment Growth 66 87
Median Starting Salary 100 101
Unemploy rate for HS grads 45 31
Unemploy rate for Coll grads 1 72
Industry Variety 100 102
Median Annual Income 107 118
Commute time 13 6
Housing costs 93 119
Safety (Crime Rate) 105 77
Annual Transportation costs 51 6