The American Institute for Economic Research released their findings on the top 75 college towns in the nation. Ann Arbor made quite the showing at number two in the small metro category.
The “college experience” is about more than simply attending a top-notch university. The city or town where the school is located also is important. The people students meet, the places they go, and the jobs they may hold are essential supplements to formal education.
Twelve pieces of criteria were used, including research capacity, cost of living, and entrepreneurial activity. Ann Arbor had the number one ranking in three of these criteria, including student diversity (percent of student who are non-residents), research capacity, and city accessibility.
Areas where Tree Town falter include a negative rate of entrepreneurial activity, cost of living, and “brain drain”—the percentage of individuals with bachelor’s degrees living in Ann Arbor is growing slowly.
The small metro category was taken by Boulder, CO, followed by Ann Arbor. Madison, WI, comes in at number three.