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Census Data Show Brain Gains For High-Tech Cities
Census data show brain gains for high-tech urban areas and brain drains for some other metro areas.
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WASHINGTON (October 28, 2009)--Many college graduates are choosing to live in urban, high-tech centers, fueling a brain gain in such states as Texas California and North Carolina.
But census data show brain drains in metro areas with high rates of foreclosures, less tech-based economies or increasing unemployment, which are experiencing declines or slower rates of growth in residents with a college degree or higher.
Those cities include Cleveland, Los Angeles, Atlanta, Orlando, New Orleans and Detroit.
The report shows Austin; Portland, Oregon; Charlotte and Raleigh, both in North Carolina; and Seattle experienced large jumps in residents with at least a college degree.
Each offers the promise of specialized tech jobs and hip lifestyles.
The top five metro areas with the largest gains in residents earning $65,000 and more were Phoenix, Riverside, Calif., Dallas, Las Vegas and Houston.
Median home values ranged from $68,200 in Odessa, Texas, to $739,700 in San Jose, Calif., the only metro area with a median home value above $700,000.
The data are from the American Community Survey.
The information was collected over three years, from 2006 through 2008, providing a snapshot of every U.S. community with at least 20,000 residents.
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