Monday, August 2, 2021

Play

Hundreds of thousands of Medi-Cal recipients are paying monthly premiums when they donít have to; Dr. Fauci predicts the pandemic will get worse.

Play

The Texas voting rights fight gets star power; lawmakers stage a sit-in as the eviction moratorium expires; and Senators work overtime on infrastructure.

Report: South Dakota a Top State for Young Adults

Play

Friday, June 10, 2016   

PIERRE, S.D. - South Dakota is near the top of the pack as a great place for millennials to live, according to new research by state.

For adults ages 20 to 24, South Dakota is ranked second only to North Dakota by the personal finance website MoneyRates.com, as one of the most attractive states for young people just starting their careers.

MoneyRates senior financial analyst Richard Barrington says South Dakota has a winning combination of factors in its favor.

"South Dakota has the lowest unemployment rate in the nation and yet, they also have the cheapest rents in the nation," says Barrington. "If you're a young adult, the combination of good job prospects and affordable rents in pretty powerful."

For instance, average rent for a one-bedroom apartment in Sioux Falls is about $350 a month. The report ranks each state by eight criteria, including access to broadband Internet and the number of bars and nightclubs. South Dakota ranked above average in all categories.

Barrington says it isn't only young job-seekers who would benefit from living here. Millenial-friendly states could also see economic advantages down the line.

"With the baby-boom generation steadily aging out of the workforce, states need to think about attracting a younger tax base, in order to allow them to continue to pay for essential services."

According to a 2014 study by Drexel University, South Dakota's workforce saw a much smaller drop in the number of working young adults compared to most other states in the wake of the 2008 recession.


get more stories like this via email

Some tenants' advocates would like Virginia's new budget proposal for American Rescue Plan funding to include money for low-income renters to hire lawyers for eviction cases. (Adobe stock)

Social Issues

RICHMOND, Va. - Virginia's General Assembly Special Session begins today to budget more than $4 billion in federal COVID relief funds, and advocates …


Social Issues

ROSLINDALE, Mass. - A new report finds Massachusetts residents would rather repair electronic devices than send them to landfills, but manufacturers …

Social Issues

DENVER-During the COVID health emergency, the federal government made school meals available for free to all students, regardless of their financial …


The Blackfeet Reservation is one of seven tribal reservations in Montana. (Kushnirov Avraham/Adobe Stock)

Social Issues

HELENA, Mont. - COVID-19 is underscoring the importance of ensuring that people's estates are in order, but estate planning can be be tricky for …

Social Issues

ALBUQUERQUE, N.M. - Pandemic fallout still has U.S. states clawing their way back to normalcy, and New Mexico believes its decision to provide more …

In a new poll, 64% of New Hampshire voters said they think capital gains should be taxed at the same rate as income from wages; 56% support increasing the corporate tax rate to 28%. (Vitalii Vodolazskyi/Adobe Stock)

Social Issues

CONCORD, N.H. - New polling finds many New Hampshire voters think it's important that wealthy individuals and corporations pay what's described as …

Social Issues

AMARILLO, Texas - The American Farm Bureau Federation hosts more than 100 college level chapters across 35 states, but this is the first time its …

Social Issues

ELIZABETH CITY, N.C. - As activists mark more than 100 days of protest since the April 21 death of Andrew Brown Junior - killed outside his Elizabeth …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member and audience-supported news source since 1996 Copyright © 2021