Arlington has been named the most educated city in the nation in Money magazine’s annual list of America’s top towns.

The distinction is based on the percentage of residents with graduate degrees. Arlington topped the list at 35.7 percent, with Alexandria, Bethesda and Towson, Md., also appearing in the top ten. Bethesda also had the fourth-highest income and ranked eighth for most expensive homes.

Terry Holzheimer, director of Arlington Economic Development said, “we do have a very highly educated population, both living here and working here.”

Holzheimer noted that Arlington outperformed college towns such as Berkeley, Calif. and Evanston, Ill. “We actually have a higher education group than many cities that are primarily driven by universities,” he said.

Fort Collins, Co. ranked first overall among cities with more than 50,000 people, while Colorado Springs led cities with populations greater than 300,000.