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Research Outline

Prepared for Amanda D. | Delivered February 7, 2020

Connecticut Rankings

Goals

Obtain lists that rank Connecticut or the cities of Hartford, Stamford, and New Haven as places for millennials to live and work. Determine also the source of the ranking, when it was published, if it is a recurring ranking, how the rankings were determined, and how Connecticut or the cities scored in each category.

Early Findings

Connecticut City Rankings

  • Based on a report from Fabric, a startup that focus on financial planning for families, the Hartford Metro area in Connecticut got the number four position in their list of the top five "best-paying cities for millennials."
  • The startup analyzed relevant data from the U.S. Census Bureau’s 2018 American Community Survey Public Use Microdata Sample (ACS PUMS), the U.S. Census Bureau’s Population Estimates, the Bureau of Economic Analysis’s Regional Price Parity dataset, and Zillow to develop the list of the best-paying large cities for millennials.
  • Fabric included the metro areas with at least 100,000 inhabitants as large cities.
  • Currently, the report appears to be a one-time report only.
  • It was released in 2019 based on 2018 data.
  • The criteria used to rank the cities include the median salaries for full-time millennial workers, the cost of living, the median home price, and thhe 5-year population change.
  • These details were also inputted on this spreadsheet.

Proprietary Database Search Results

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