The 10 cities where women are the most successful

In 1948, only 32% of women were in the official labor force, according to the Federal Reserve Bank of St. Louis. As of February 2018, that number had almost doubled to 57%. Today in some American cities, women are earning large salaries, running their own businesses and handling their mortgages with ease. With this in mind, SmartAsset decided to find the U.S. cities where women are succeeding the most.
In order to do this, we looked at data on six factors. Specifically we looked at percent of women with bachelor’s degrees, median earnings for full-time working women, percent of businesses owned by women, women's unemployment rate, average housing cost as a percent of a full-time working woman's income and percent of women with high incomes.

In order to rank the cities where women are most successful, SmartAsset looked at data on 100 cities. Specifically we looked at data for the following six factors:
Data for all metrics comes from the Census Bureau’s 2016 1-year American Community Survey. First we ranked all cities in each metric and then we found the average ranking for each city, giving equal weighting to each metric. Using the average ranking, we created our final index. The city with the highest average ranking received a 100 and the city with the lowest received a 0.
  • Percent of women with a bachelor’s degree. This is the percent of women above the age of 25 who have bachelor's degrees.
  • Median earnings for full-time working women. This is median earnings for women who work full time.
  • Percent of business owners who are women. This is the percent of self-employed people working in their own incorporated business who are women.
  • Unemployment rate for women. This is the unemployment rate for women between the ages of 25-64.
  • Housing cost as a percent of earnings for full-time working women. This is median annual housing costs divided by median earnings for full-time working women.
  • Percent of full-time working women with earnings of at least $75,000. This is the percent of full-time working women who earn at least $75,000 per year.
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