The best states for young job hunters

Twentysomething and unemployed? Ever thought about moving to North Dakota?

South Dakota

sioux falls sd

Youth unemployment stands at 9.1%, far below the national average, and the cost of living is modest. The median monthly rent, for instance, is $651.

Want a job in finance? Take a look at Sioux Falls, where Citibank (C, Fortune 500), Wells Fargo (WFC, Fortune 500), Capital One (COF, Fortune 500), and other banks moved their credit card operations years ago to take advantage of relaxed usury laws. South Dakota now holds more bank assets -- $2.5 trillion -- than any other state.

Editor's note: A previous version of the slide incorrectly referred to Sioux Falls, S.D. as Sioux City.

  @FortuneMagazine - Last updated November 14 2013 04:29 PM ET
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