When considering where to buy a home, many first-time homebuyers may want to examine how the 200 largest U.S. cities value education.
Workers in Jersey City, New Jersey who hold bachelor’s degrees earn an average 83 percent more than workers with their associate’s degree, according to SmartAsset's new study. In Huntsville, Alabama, SmartAsset's sixth best city to work in tech, workers who hold a bachelor's degree earn 98 percent more than those with an associate's, and graduate degree holders earn about 60 percent more than those with a bachelor's degree.
In order to find where an education pays off the most, we compared income data for people with different levels of education. We compared earners without a high school degree to those with a high school degree; high school degree holders to associate’s degree holders, associate’s degree holders to bachelor’s degree holders and bachelor’s degree holders to graduate degree holders.
Advertisement
Related Stories
Affordability
How Much Income Do First-Time Buyers Need to Afford the Average Home?
The median-priced home is unaffordable in 44 of the 50 largest U.S. metro areas
Affordability
What Is the Relationship Between Urban vs. Suburban Development and Affordability?
A new paper from Harvard's Joint Center looks at whether expanding the supply of suburban housing could, in turn, help make dense urban areas more affordable
Market Data + Trends
10 States Where Home Insurance Rates Have Risen the Most
Responding to the increasing number of natural disasters, insurers are hiking prices, with some states bearing the brunt more than others