Bellingham is one of the top college towns in the U.S.

The American Institute for Economic Research ranked college towns based on a variety of factors such as demographics, quality of life, and economic conditions.

Home to Western Washington University and Whatcom Community College, Bellingham is ranked at number 20 on the list and scores points for its diversity and arts and entertainment scene.

Compared to other cities on the list, Bellingham falls behind in economic areas such as rent price and employment for students.

AEIR cites Bellingham's abundance of downtown eateries, coffee shops, and outdoor activities as key factors for its overall laid-back and environmentally conscious vibe.

Boulder, Colo. ranked number one on the list.

To see the full ranking visit the American Institute for Economic Research.