These 2 North Carolina Cities Are The Most Educated In America
We all know how important a good education is, especially since higher levels of education tend to mean higher salaries. While you can find highly educated people anywhere, some parts…
We all know how important a good education is, especially since higher levels of education tend to mean higher salaries. While you can find highly educated people anywhere, some parts of the country have a more educated population and a new report reveals where those are. WalletHub has just come out with their list of the Most Educated Cities in the U.S. in 2024. 2 of the top 10 most educated cities are in North Carolina.
Any guesses what cities they are? I'll give you a hint. It's not Charlotte! Durham/Chapel Hill and Raleigh/Carey landed at #4 and #7. So why are these North Carolina cities so smart? Here's how WalletHub figured it out.
- They ranked the 150 largest metro areas on 11 key metrics in the areas of educational attainment and quality of education & education gap.
- They include the share of adults age 25 and older with a bachelor’s degree or higher, the quality of the public school system and the gender education gap.
- Based on all that, the most educated city in the country is Ann Arbor, Michigan, with a score of 93.71
- It comes in first in the educational attainment category and fourth for quality of education & educational gap.
- At the bottom of the list is Visalia, California, making it the least educated city, with a score of just 9.44.
The Top 10 Most Educated Cities in the U.S.
- Ann Arbor, Michigan
- San Jose - Sunnyvale - Santa Clara, California
- Washington, D.C. - Arlington - Alexandria, Virginia
- Durham - Chapel Hill, North Carolina
- Madison, Wisconsin
- San Francisco - Oakland - Berkeley, California
- Raleigh - Cary, North Carolina
- Austin - Round Rock - Georgetown, Texas
- Boston - Cambridge - Newton, Massachusetts
- Seattle - Tacoma - Bellevue, Washington
(Check out the full list here)
These 5 North Carolina Cities Are Where Credit Limits Are Decreasing the Most
As prices continue to skyrocket, while wages stay the same many Americans are feeling it. This means that a lot of people are turning to credit as a bandaid for the ever-worsening situation. How are North Carolina credit limits doing amidst this? Well, some cities are amongst the ones where credit limits are decreasing the most.
Let's face it, a decrease in your credit limit has the ability to make your life more difficult. It can limit your purchasing power and give you less flexibility in the event of an emergency. According to our friends at WalletHub, "Credit limit decreases are also usually a reflection of either poor handling of credit or economic uncertainty, so large average decreases in a city might indicate that residents are in financial trouble."
It was the experts at WalletHub who set out to see in which states and cities credit limits saw the most significant decreases between Q1 of 2023 and 2024. And in North Carolina credit limits on average did decrease.
To determine this, WalletHub compared "the average change in credit limit per resident in 100 of the largest U.S. cities over the past year". This included 5 North Carolina cities. Of the 5, 4 were in the top 50% with the largest decreases. And one city ranked in the top 5 nationally,. Only one, not surprisingly the largest banking city in the state, was "safe".
If you are worried about your credit limit WalletHub also offered up some tips. These include using multiple credit cards, pay your bill more often than monthly so free up space in your limit, and monitoring your credit score. You can learn more and read the full study here. Keep reading to learn about North Carolina credit limits and the trends.
North Carolina Credit Limits
5. Charlotte, NC
Sean Pavone/Getty Images Royalty FreeOverall Rank: 74
Total Score: 45.89
Average Credit Limit Rank: 50
Change In Average Credit Limit Rank: 66
The only city doing well on this list was Charlotte, perhaps influenced by the banking industry.
4. Winston-Salem, NC
Kruck20/Getty Images Royalty FreeOverall Rank: 33
Total Score: 55.24
Average Credit Limit Rank: 49
Change In Average Credit Limit Rank: 33
Winston-Salem didn't fare too bad either at least compared to the other 3 largest cities in the state.
3. Greensboro, NC
SeanPavonePhoto/Getty Images Royalty FreeOverall Rank: 14
Total Score: 60.67
Average Credit Limit Rank: 84
Change In Average Credit Limit Rank: 8
Not good news for those in Greensboro, ranking 14th out of 100 cities for decreases in credit limits.
2. Raleigh, NC
.
Overall Rank: 11
Total Score: 62.43
Average Credit Limit Rank: 43
Change In Average Credit Limit Rank: 14
This one surprised me with our state's capital city ranking just outside the top 10.
1. Durham, NC
SeanPavonePhoto/Getty Images Royalty FreeOverall Rank: 5
Total Score: 65.87
Average Credit Limit Rank: 47
Change In Average Credit Limit Rank: 5
And the worst city in North Carolina for your credit limit? Durham. I would have thought the thriving RTP would have helped!
