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Twin Cities among best metro areas for young professionals

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The Twin Cities have been named one of the best metro areas for young professionals by Forbes Magazine.

The metropolitan area, including Minneapolis, St. Paul and Bloomington, ranked 10th on Forbes' list, which looked at the country's 100 largest metro areas to determine which cities offered the best prospects for professionals ages 24 to 34 with a bachelor's degree or higher.

Fast facts from the rankings:

  • Population: 3,459,146
  • Median salary: $55,800
  • Unemployment rate: 4.7 percent
  • Population with a bachelor's degree: 38.4 percent
  • Cost of living index: 98.4
  • Average yearly job growth (2014-2016): 2.2 percent
  • Companies with 500-plus employees: one for every 1,554 people
  • Companies with fewer than 500 employees: one for 48.32 people

Des Moines, Iowa, took No. 1 and Raleigh, North Carolina, took No. 2 on this year's list. Madison, Wisconsin, ranked fifth.

Des Moines and Raleigh previously landed at No. 1 and No. 2 when Forbes first published the list three years ago. That year, the Twin Cities also ranked 10th.

Forbes says both Des Moines and Raleigh have plenty of companies with a well-educated workforce. The two also topped Forbes' most recent list of best places for business and careers. On that list, the Twin Cities ranked No. 17.

Here are some other lists that ranked the Twin Cities as one of the best areas for careers or business:

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