Half of the 10 careers slated for the most explosive job growth over the next eight years are in health care.
The number of home health aides will skyrocket 47% and add 431,200 jobs by 2026, according to U.S. Bureau of Labor Statistics projections. The country will have about 40,000 more physicians assistants and 56,000 more nurse practitioners by then.
And the best part: a lot of these fast-growing career options, like physical therapist aide, medical assistant or phlebotomist, don’t even require a bachelor’s degree.
Here’s some good news for nurses and other non-doctor health care workers who happen to be hoarding pennies to pay back some of those student loans (like we are): Cities with tons of jobs in this industry aren’t too expensive.
That’s what we found in a Penny Hoarder analysis using data from a a new report by Abodo. (Check out the methodology at the bottom of the article.)
We did a similar analysis for affordable cities for tech jobs.
The 10 Best Cities for Nurses or Other Health Care Workers
To keep it simple, we’ll call the location quotient the health job score. If a city has a score greater than one, it has a higher concentration of health care jobs than the U.S. as a whole.
The numbers from the BEA compare the costs of goods and services in each city on a sliding scale — centered around 100 — to the national average.
For example, the cost index for Cincinnati, Ohio, is 93, which means stuff in that city is 7% cheaper than the national average. So keep that in mind when looking at the cost index.
Here are the 10 best cities for nurses and other health care workers where you can actually sock away some savings:
1. Birmingham, Alabama
Health Job Score: 1.43
Rent: $604
Cost Index: 97.1
Unemployment Rate: 3.2%
Population: 1,147,417
2. Cleveland, Ohio
Health Job Score: 1.25
Rent: $635
Cost Index: 95.4
Unemployment Rate: 4.6%
Population: 2,055,612
3. Oklahoma City, Oklahoma
Health Job Score: 1.17
Rent: $629
Cost Index: 97.2
Unemployment Rate: 3.3%
Population: 1,373,211
4. Pittsburgh, Pennsylvania
Health Job Score: 1.22
Rent: $602
Cost Index: 98.1
Unemployment Rate: 4.3%
Population: 2,342,299
5. Indianapolis, Indiana
Health Job Score: 1.17
Rent: $665
Cost Index: 97.6
Unemployment Rate: 3.1%
Population: 2,001,737
6. St. Louis, Missouri
Health Job Score: 1.11
Rent: $649
Cost Index: 94.2
Unemployment Rate: 3.4%
Population: 2,807,954
7. Cincinnati, Ohio
Health Job Score: 1.08
Rent: $625
Cost Index: 93
Unemployment Rate: 3.7%
Population: 2,161,441
8. Louisville, Kentucky
Health Job Score: 1.14
Rent: $620
Cost Index: 97.1
Unemployment Rate: 3.5%
Population: 1,283,297
9. Memphis, Tennessee
Health Job Score: 1.14
Rent: $652
Cost Index: 97.2
Unemployment Rate: 3.9%
Population: 1,346,437
10. New Orleans, Louisiana
Health Job Score: 1.18
Rent: $776
Cost Index: 97.2
Unemployment Rate: 4%
Population: 1,268,883
Alex Mahadevan is a data journalist at The Penny Hoarder. As the son of a registered nurse, he encourages anyone interested to pursue a job in health care.
This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.
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