Move over Washington, Chicago and Atlanta. Birmingham is now a burgeoning destination for recent college graduates, according to a new study from payroll services provider ADP.

Details of the study were reported by the Wall Street Journal Friday.

ADP ranked Birmingham along with Austin, Raleigh, Milwaukee and Baltimore among the best “second tier cities” for young professionals. The company looked at cost of living data for more than 5 million workers in their 20s in 55 metro areas. They ranked the cities according to affordability, salaries and hiring.

Birmingham met the criteria to make the top five.

WSJ said that the top-ranking cities tend to have a higher-than-usual concentration of technology, health and financial firms. “Like Birmingham, they are home to research and healthcare institutions that do a lot of hiring themselves,” the article said.

“Birmingham is also winning over young professionals. Companies in healthcare, finance and technology are big employers, as is the University of Alabama at Birmingham and its medical center,” Wall Street Journal reporters Ray A. Smith and Haley Zimmerman wrote.

Raleigh led the list of choicest cities, according to the study. Birmingham rose in its salaries and hiring while falling “just a tad” in affordability, according to the Wall Street Journal.

The article includes comments 22-year-old Aaron Gill, a May graduate from Samford University, who is native to Atlanta. Gill had planned to return to Atlanta before landing a job at Birmingham’s Vulcan Materials. Gill noted Birmingham’s slower pace than Atlanta, but said that, on the other hand, he appreciates the lack of congestion in the Magic City.

Gill also noted that young professionals seem to be moving to the city from around the country, judging by the out-of-state license plates he sees in Vulcan Materials’ parking lot.

“More and more I can see myself living in Birmingham,” Gill said in the article.