One of the claims made by Indianapolis transit advocates was that improved transit would help the region “compete for jobs and talent.” They cited a study by a group called CEOs for Cities that found that “Young adults with a four-year degree are 94% more likely to live in close-in urban neighborhoods than their counterparts with less education.”
This is the old Richard Florida idea that cities should strive to attract the “creative class” of well-educated people that want to live in lively cities with walkable, transit-intensive neighborhoods. Ninety-four percent sounds like a big number, but let’s put this into context.
The CEOs for Cities study defined “close in” as neighborhoods near downtowns housing an average of less than 5 percent of urban area populations. “Young adults” includes people in the 25- to 34-year-old age class. The 2010 Census found that about 31.5 percent of this age class has a four-year degree or better. If this group is 94 percent more likely to live close in than their cohorts without a four-year degree, then less than 7.5 percent of young, well-educated adults live “close in.” This is less than 2.5 percent more than might be expected if the population was evenly distributed by education class.
