Business Advantages Networking

NRV Among Top Affordable Metros Attracting YPs

NEW RIVER VALLEY, VA- Virginia’s New River Valley (The Blacksburg-Christiansburg-Radford MSA) ranks among the top metros that are attracting young professionals while maintaining an affordable cost of living. According to PEW, the NRV is among 10 metros that are growing almost as quickly as other well-known, attractive cities for young people like Silicon Valley or Austin, TX, but have more affordable costs of living.  

Still Affordable, But Attracting Young Professionals

These metro areas ranked high for affordability, education, and growth in young professionals.
Columbus, INBismarck, ND
Midland, MIMorgantown, WV
Bloomington, ILCedar Rapids, IA
Idaho Falls, IDNew River Valley, VA
Sioux Falls, NDRochester, MN
The data comes from the American Community Survey and was analyzed by Stateline.
Virginia’s New River Valley, has a unique opportunity for young professionals. Our region enjoys the upscale amenities residents might find in larger urban areas (like public transit and fine dining), while maintaining the perks of low-cost living and small-town charm (like low traffic, and access to outdoor recreation).   The presence of Virginia Tech, Radford University, and New River Community College elevate the importance of education in the region and provide excellent amenities in arts and culture and opportunities for young people and businesses alike to interact with the universities and benefit from their services.  
The NRV was also ranked a top destination for college graduates based on eight economic and quality-of-life factors that AIER found to influence migration patterns of college grads ages 22-35 among 260 metro areas, large and small. A few of the factors contributing to the New River Valley’s high ranking included its favorable labor market conditions, affordable housing rents, ability to get around without a car, and density of people with a college degree.
YPs can find plenty of support in the NRV with clubs and networking opportunities such as Up on the Roof, Blacksburg YPs, The Newcomers Club, and more.   Plus, the NRV is home to a myriad of festivals and burgeoning local music scenes that keep up with the times while remembering the roots of SWVA throughout history. For more activities and insight on what it’s like to live in the NRV, check out the Live Here tab!  
  Virginia’s New River Valley: For those searching for an inspiring place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of both worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s A NATURAL FIT.   Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.
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