Jul 11, 2018

North Dakota millennials are best off financially

Oil field workers in North Dakota. Photo: Ken Cedeno/Corbis via Getty Images

The highest median salary in the U.S. if you're a millennial is San Jose, Calif., and the area around it at about $50,000 a year, according to a new study by the Brookings Institution's Hamilton Project.

  • But once you figure in the cost of living and taxes, Silicon Valley doesn't look as great. You'd be better off — at least from a financial standpoint — moving to Bismarck, N.D., or Midland, Texas, where you'd only earn about $33,000, but would have more in your pocket at the end, the study's authors say.

What's going on: The Hamilton Project compared wages, taxes and the cost of living for 320 unique occupations in about 380 U.S. metropolitan areas, creating an interactive tool that allows further breakdown by age group.

  • Ryan Nunn, one of the authors, tells Axios that the study highlights the importance of living costs in deciding where to work. "It makes quite a bit of difference," he said.

The leading line of work differs substantially between Silicon Valley, Bismarck and Midland. The latter two feature a lot of oil industry jobs, while San Jose has information technology.

By the numbers: Bismarck, Midland, and Rochester, Minn., are the top three locations for adjusted median earnings in the 25-to-34-year-old category.

  • Yes, but: The highest-paying jobs were in San Jose, San Francisco and the D.C. metropolitan area.

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What we're seeing: Military police and park rangers used physical force and tear gas on peaceful protestors to clear the area so that Trump could "pay respects" to the church that was damaged by a fire on Sunday.

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The backdrop: Trump's announcement came as police clashed with protesters just outside of the White House, using tear gas and rubber bullets to disperse crowds chanting, "Hands up, don't shoot," and other slogans. Flash bangs used outside the White House could be heard from the Rose Garden.

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Autopsies say George Floyd's death was homicide

Police watch as demonstrators block a roadway while protesting the death of George Floyd in Miami. Photo: Joe Raedle/Getty Images

Preliminary results from an independent autopsy commissioned by George Floyd's family found that his death in the custody of Minneapolis police officer Derek Chauvin was "homicide caused by asphyxia due to neck and back compression that led to a lack of blood flow to the brain," according to a statement from the family's attorney.

The latest: An updated official autopsy released by the Hennepin County medical examiner also determined that the manner of Floyd's death was "homicide," ruling it was caused by "cardiopulmonary arrest complicating law enforcement subdued, restraint, and neck compression."