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CBS MoneyWatch: Top 10 Cities for College Grads

Austin, Texas

Unemployment rate: 6 percent
Median annual income: $74,900
Average rent: 1bd, $764/mo.; 2bd, $1,023/mo.

Austin has recently become a go-to city for recent grads and young families, due in part to its low cost of living and interesting neighborhoods. Known largely for the music and social media conference "South by Southwest" and a burgeoning tech industry, this Texas city is a haven for creative types. According to the Austin Chamber of Commerce, popular industries include leisure and hospitality, finance, education, health care, and wholesale trade. Just be prepared for long drives -- outside of the downtown area, everything in Austin is stretched out Texas-style.
(AP Photo)

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The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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