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Millennials shifting to cities in US: SmartAsset’s rankings


In only one 12 months, 5.49 million millennials moved to massive U.S. cities. Whereas about 73% of those transplants moved to an enormous metropolis inside their present state of residence, one other 19% traversed states to start out new—and practically 8% got here to those cities from overseas. Millennials are sometimes of their prime incomes years, and plenty of have younger households, which can considerably impression the communities they be a part of and depart. 

With this in thoughts, SmartAsset ranked 271 of the biggest U.S. cities based mostly on the proportion of individuals between the ages of 25 and 44 who just lately moved in.

Key Findings

  • In these two cities, millennials who’ve just lately moved in make up over 12% of the inhabitants. Alexandria, Virginia, noticed the best inflow of millennials relative to its inhabitants, with 12.67%—or 19,486— shifting in throughout 2023, roughly 46% of whom got here from out of state. Cambridge, Massachusetts, ranked second, with millennials making up 12.15% of recent residents, or 14,197 folks, 39% of whom relocated from outdoors the state.
  • New York Metropolis had essentially the most millennials transfer in by an element of a minimum of 2x. Not accounting for its inhabitants measurement, New York Metropolis had essentially the most millennials be a part of its perimeters at 362,649 move-ins in a single 12 months—accounting for 4.44% of the inhabitants. This variety of move-ins was double that of Los Angeles, which had the second highest nominal move-ins at 187,210. 
  • These California cities have been least engaging to millennials. Whereas Sunnyvale and Santa Clara made the highest 10 cities the place millennials are shifting to, extra California cities rank on the backside of the listing. Jurupa Valley ranked final with 2.35% of its inhabitants comprising new millennial transplants. Different cities that have been among the many 10 least well-liked embrace Santa Ana (2.58%), Elk Grove (2.60%), San Bernardino (2.78%), Oxnard (2.78%), Ontario (2.96%), El Monte (3.08%), Backyard Grove (3.11%) and Modesto (3.12%).
  • Seattle has the biggest phase of millennials relative to its inhabitants. Simply over 42% of Seattle residents are between the ages of 25 and 44. Seattle additionally ranked fifth total for hottest locations for millennials to maneuver to, with 11.51% of its inhabitants made up of millennials who moved in in 2023.
SmartAsset

Prime 20 Cities The place Millennials Are Transferring

  1. Alexandria, Virginia
    • % of inhabitants represented by new millennial transplants: 12.67%
    • Variety of millennials moved in: 19,486
    • Complete inhabitants (1 12 months and older): 153,790
    • Complete variety of millennials: 60,815
    • Millennials moved in from the identical county: 4,680
    • Millennials moved in from a unique county, similar state: 5,795
    • Millennials moved in from a unique state: 8,252
    • Millennials moved in from overseas: 760
    • Median family revenue: $110,294
    • Median month-to-month housing prices: $2,105
    • Millennials relative to the whole inhabitants: 39.54%
  2. Cambridge, Massachusetts
    • % of inhabitants represented by new millennial transplants: 12.15%
    • Variety of millennials moved in: 14,197
    • Complete inhabitants (1 12 months and older): 116,843
    • Complete variety of millennials: 47,510
    • Millennials moved in from the identical county: 4,933
    • Millennials moved in from a unique county, similar state: 3,741
    • Millennials moved in from a unique state: 3,166
    • Millennials moved in from overseas: 2,356
    • Median family revenue: $134,307
    • Median month-to-month housing prices: $2,789
    • Millennials relative to the whole inhabitants: 40.66%
  3. Denver, Colorado
    • % of inhabitants represented by new millennial transplants: 11.78%
    • Variety of millennials moved in: 83,447
    • Complete inhabitants (1 12 months and older): 708,432
    • Complete variety of millennials: 290,134
    • Millennials moved in from the identical county: 33,816
    • Millennials moved in from a unique county, similar state: 25,735
    • Millennials moved in from a unique state: 21,655
    • Millennials moved in from overseas: 2,241
    • Median family revenue: $94,157
    • Median month-to-month housing prices: $1,886
    • Millennials relative to the whole inhabitants: 40.95%
  4. Sandy Springs, Georgia
    • % of inhabitants represented by new millennial transplants: 11.63%
    • Variety of millennials moved in: 12,189
    • Complete inhabitants (1 12 months and older): 104,836
    • Complete variety of millennials: 41,267
    • Millennials moved in from the identical county: 5,909
    • Millennials moved in from a unique county, similar state: 3,813
    • Millennials moved in from a unique state: 1,666
    • Millennials moved in from overseas: 800
    • Median family revenue: $110,401
    • Median month-to-month housing prices: $1,894
    • Millennials relative to the whole inhabitants: 39.36%
  5. Seattle, Washington
    • % of inhabitants represented by new millennial transplants: 11.51%
    • Variety of millennials moved in: 86,049
    • Complete inhabitants (1 12 months and older): 747,884
    • Complete variety of millennials: 314,788
    • Millennials moved in from the identical county: 51,638
    • Millennials moved in from a unique county, similar state: 5,166
    • Millennials moved in from a unique state: 23,515
    • Millennials moved in from overseas: 5,731
    • Median family revenue: $120,608
    • Median month-to-month housing prices: $2,155
    • Millennials relative to the whole inhabitants: 42.09%
  6. Sunnyvale, California
    • % of inhabitants represented by new millennial transplants: 11.20%
    • Variety of millennials moved in: 16,754
    • Complete inhabitants (1 12 months and older): 149,575
    • Complete variety of millennials: 58,401
    • Millennials moved in from the identical county: 9,111
    • Millennials moved in from a unique county, similar state: 2,967
    • Millennials moved in from a unique state: 2,515
    • Millennials moved in from overseas: 2,161
    • Median family revenue: $189,443
    • Median month-to-month housing prices: $3,012
    • Millennials relative to the whole inhabitants: 39.04%
  7. Santa Clara, California
    • % of inhabitants represented by new millennial transplants: 10.88%
    • Variety of millennials moved in: 14,082
    • Complete inhabitants (1 12 months and older): 129,396
    • Complete variety of millennials: 52,349
    • Millennials moved in from the identical county: 8,396
    • Millennials moved in from a unique county, similar state: 2,616
    • Millennials moved in from a unique state: 2,185
    • Millennials moved in from overseas: 885
    • Median family revenue: $166,228
    • Median month-to-month housing prices: $2,941
    • Millennials relative to the whole inhabitants: 40.46%
  8. Arlington, Virginia
    • % of inhabitants represented by new millennial transplants: 10.78%
    • Variety of millennials moved in: 24,982
    • Complete inhabitants (1 12 months and older): 231,669
    • Complete variety of millennials: 89,891
    • Millennials moved in from the identical county: 7,395
    • Millennials moved in from a unique county, similar state: 5,233
    • Millennials moved in from a unique state: 10,121
    • Millennials moved in from overseas: 2,234
    • Median family revenue: $140,219
    • Median month-to-month housing prices: $2,360
    • Millennials relative to the whole inhabitants: 38.80%
  9. Austin, Texas
    • % of inhabitants represented by new millennial transplants: 10.69%
    • Variety of millennials moved in: 103,738
    • Complete inhabitants (1 12 months and older): 970,338
    • Complete variety of millennials: 395,776
    • Millennials moved in from the identical county: 55,591
    • Millennials moved in from a unique county, similar state: 21,403
    • Millennials moved in from a unique state: 19,890
    • Millennials moved in from overseas: 6,854
    • Median family revenue: $91,501
    • Median month-to-month housing prices: $1,828
    • Millennials relative to the whole inhabitants: 40.79%
  10. Orlando, Florida
    • % of inhabitants represented by new millennial transplants: 10.49%
    • Variety of millennials moved in: 33,226
    • Complete inhabitants (1 12 months and older): 316,702
    • Complete variety of millennials: 115,668
    • Millennials moved in from the identical county: 17,216
    • Millennials moved in from a unique county, similar state: 8,210
    • Millennials moved in from a unique state: 4,847
    • Millennials moved in from overseas: 2,953
    • Median family revenue: $69,414
    • Median month-to-month housing prices: $1,762
    • Millennials relative to the whole inhabitants: 36.52%
  1. Washington, District of Columbia
    • % of inhabitants represented by new millennial transplants: 10%
    • Variety of millennials moved in: 67,013
    • Complete inhabitants (1 12 months and older): 670,127
    • Complete variety of millennials: 258,814
    • Millennials moved in from the identical county: 36,390
    • Millennials moved in from a unique county, similar state: 0
    • Millennials moved in from a unique state: 24,465
    • Millennials moved in from overseas: 6,159
    • Median family revenue: $108,210
    • Median month-to-month housing prices: $2,083
    • Millennials relative to the whole inhabitants: 38.62%
  2. Bellevue, Washington
    • % of inhabitants represented by new millennial transplants: 9.64%
    • Variety of millennials moved in: 14,463
    • Complete inhabitants (1 12 months and older): 149,955
    • Complete variety of millennials: 53,175
    • Millennials moved in from the identical county: 7,414
    • Millennials moved in from a unique county, similar state: 749
    • Millennials moved in from a unique state: 3,197
    • Millennials moved in from overseas: 3,103
    • Median family revenue: $158,253
    • Median month-to-month housing prices: $2,551
    • Millennials relative to the whole inhabitants: 35.46%
  3. Fargo, North Dakota
    • % of inhabitants represented by new millennial transplants: 9.50%
    • Variety of millennials moved in: 12,441
    • Complete inhabitants (1 12 months and older): 130,895
    • Complete variety of millennials: 41,073
    • Millennials moved in from the identical county: 8,193
    • Millennials moved in from a unique county, similar state: 685
    • Millennials moved in from a unique state: 2,654
    • Millennials moved in from overseas: 909
    • Median family revenue: $61,422
    • Median month-to-month housing prices: $1,038
    • Millennials relative to the whole inhabitants: 31.38%
  4. Portland, Oregon
    • % of inhabitants represented by new millennial transplants: 9.46%
    • Variety of millennials moved in: 59,078
    • Complete inhabitants (1 12 months and older): 624,727
    • Complete variety of millennials: 229,791
    • Millennials moved in from the identical county: 32,810
    • Millennials moved in from a unique county, similar state: 10,372
    • Millennials moved in from a unique state: 13,704
    • Millennials moved in from overseas: 2,192
    • Median family revenue: $86,057
    • Median month-to-month housing prices: $1,746
    • Millennials relative to the whole inhabitants: 36.78%
  5. Minneapolis, Minnesota
    • % of inhabitants represented by new millennial transplants: 9.38%
    • Variety of millennials moved in: 39,389
    • Complete inhabitants (1 12 months and older): 419,780
    • Complete variety of millennials: 158,333
    • Millennials moved in from the identical county: 20,511
    • Millennials moved in from a unique county, similar state: 7,673
    • Millennials moved in from a unique state: 9,757
    • Millennials moved in from overseas: 1,448
    • Median family revenue: $81,001
    • Median month-to-month housing prices: $1,506
    • Millennials relative to the whole inhabitants: 37.72%
  6. Durham, North Carolina
    • % of inhabitants represented by new millennial transplants: 9.14%
    • Variety of millennials moved in: 26,736
    • Complete inhabitants (1 12 months and older): 292,429
    • Complete variety of millennials: 100,080
    • Millennials moved in from the identical county: 11,099
    • Millennials moved in from a unique county, similar state: 6,781
    • Millennials moved in from a unique state: 7,055
    • Millennials moved in from overseas: 1,801
    • Median family revenue: $80,064
    • Median month-to-month housing prices: $1,567
    • Millennials relative to the whole inhabitants: 34.22%
  7. Atlanta, Georgia
    • % of inhabitants represented by new millennial transplants: 9.12%
    • Variety of millennials moved in: 46,086
    • Complete inhabitants (1 12 months and older): 505,496
    • Complete variety of millennials: 183,397
    • Millennials moved in from the identical county: 21,683
    • Millennials moved in from a unique county, similar state: 12,776
    • Millennials moved in from a unique state: 9,848
    • Millennials moved in from overseas: 1,779
    • Median family revenue: $85,880
    • Median month-to-month housing prices: $1,812
    • Millennials relative to the whole inhabitants: 36.28%
  8. Athens, Georgia
    • % of inhabitants represented by new millennial transplants: 9.04%
    • Variety of millennials moved in: 11,534
    • Complete inhabitants (1 12 months and older): 127,615
    • Complete variety of millennials: 35,962
    • Millennials moved in from the identical county: 5,953
    • Millennials moved in from a unique county, similar state: 1,786
    • Millennials moved in from a unique state: 2,918
    • Millennials moved in from overseas: 877
    • Median family revenue: $53,775
    • Median month-to-month housing prices: $1,242
    • Millennials relative to the whole inhabitants: 28.18%
  9. Savannah, Georgia
    • % of inhabitants represented by new millennial transplants: 9.02%
    • Variety of millennials moved in: 13,163
    • Complete inhabitants (1 12 months and older): 145,911
    • Complete variety of millennials: 45,947
    • Millennials moved in from the identical county: 6,310
    • Millennials moved in from a unique county, similar state: 3,240
    • Millennials moved in from a unique state: 3,170
    • Millennials moved in from overseas: 444
    • Median family revenue: $56,823
    • Median month-to-month housing prices: $1,355
    • Millennials relative to the whole inhabitants: 31.49%
  10. Lakewood, Colorado
    • % of inhabitants represented by new millennial transplants: 8.90%
    • Variety of millennials moved in: 13,742
    • Complete inhabitants (1 12 months and older): 154,379
    • Complete variety of millennials: 53,793
    • Millennials moved in from the identical county: 3,522
    • Millennials moved in from a unique county, similar state: 6,727
    • Millennials moved in from a unique state: 2,699
    • Millennials moved in from overseas: 794
    • Median family revenue: $83,987
    • Median month-to-month housing prices: $1,755
    • Millennials relative to the whole inhabitants: 34.84%

Information and Methodology

Information comes from the Census Bureau 1-Yr American Neighborhood Survey for 2023. This SmartAsset examine included 271 cities that had obtainable information and 100,000 or extra folks aged 1 or over. Millennials have been outlined as these aged 25 to 44. Cities have been ranked by the proportion of the whole inhabitants represented by millennials who moved into the town in 2023.

 

This story was produced by SmartAsset and reviewed and distributed by Stacker. 





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