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The BEST Cities For New Grads: Business Week Report (PHOTOS)

First Posted: 07/20/10 05:40 PM ET   Updated: 05/25/11 06:05 PM ET

Where's the best place to live after college? Each year, Business Week compiles data from local employers, the U.S. Bureau of Labor Statistics and the Council for Community & Economic Research in order to determine which are the top cities for new jobs -- and new grads. Each city is ranked according to the following criteria: affordability of living costs, amount of employers looking to hire people at entry-level, average annual salary and rate of unemployment. So which cities reign as the nation's top graduate destinations? Click through to find out -- and see Business Week's full list for twelve more options and more information.

1. Houston
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Houston is home to many major companies and the unemployment rate is relatively low -- 8.8 percent compared to the national rate of 9.5 percent. Average annual pay is $44,880.
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Filed by Leah Finnegan  |