Quote:
Originally Posted by Jandrew5
According to this chart, Atlanta is bleeding millennials. That doesn't make any sense or sound right to me. Can anybody explain this? Because Atlanta isn't exactly Oldpeopleville and jobs aren't scarce and dry. Nor is COL a cripple.
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Not sure why but I posted the below in another thread and Atlanta seems to be having a hard time recently attracting millenials.. there is just a mention of it not being the magnet it used to be below.
according to Nytimes
here a look at the % change in College graduate between 2000-2012
When young college graduates decide where to move, they are not just looking at the usual suspects, like New York, Washington and San Francisco. Other cities are increasing their share of these valuable residents at an even higher rate and have reached a high overall percentage, led by Denver, San Diego, Nashville, Salt Lake City and Portland, Ore., according to a report published Monday by City Observatory, a new think tank.
And as young people continue to spurn the suburbs for urban living, more of them are moving to the very heart of cities — even in economically troubled places like Buffalo and Cleveland. The number of college-educated people age 25 to 34 living within three miles of city centers has surged, up 37 percent since 2000, even as the total population of these neighborhoods has slightly shrunk.
Some cities are attracting young talent while their overall population falls, like Pittsburgh and New Orleans.
And in a reversal, others that used to be magnets, like Atlanta and Charlotte, are struggling to attract them at the same rate.
Percent change in the number of college graduates aged 25 to 34, from 2000 to 2012
Houston 50%
Nashville 48%
Denver 47%
Austin 44%
Portland 37%
Washington 36%
Buffalo 34%
Baltimore 32%
Los Angeles 30%
Pittsburgh 29%
St. Louis 26%
New York 25%
Top 51 metro areas, average 25%
Minneapolis 21%
Chicago 17%
Boston 12%
San Francisco 11%
Memphis 10%
Providence 6%
Atlanta 3%
Cleveland 1%
Detroit -10%
Source: Joe Cortright, City Observatory
https://www.nytimes.com/2014/10/20/u...g-to-live.html
And according to Time Magazine - not necessarily college grads but Millennials overall.
Rank Urban Area Millennial Change 2010-2015 (%) Millennial Change 2010-2015 (#)
1 Virginia Beach-Norfolk-Newport News, VA 16.4% 7,034
2 Richmond, VA 14.9% 5,176
3 Riverside-San Bernardino-Ontario, CA 11.7% 1,014
4 Memphis, TN-MS-AR 9.5% 1,714
5 New Orleans-Metairie, LA 8.5% 5,199
6 Austin-Round Rock, TX 6.6% 4,523
7 Pittsburgh, PA 6.6% 4,177
8 Baltimore-Columbia-Towson, MD 6.5% 7,740
9 Boston-Cambridge-Newton, MA-NH 6.5% 15,549
10 Miami-Fort Lauderdale-West Palm Beach, FL 6.4% 9,633
11 Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 6.2% 14,383
12 Buffalo-Cheektowaga-Niagara Falls, NY 6.0% 1,881
13 San Antonio-New Braunfels, TX 5.4% 3,665
14 Seattle-Tacoma-Bellevue, WA 5.2% 4,242
15 Salt Lake City, UT 4.8% 1,983
16 Raleigh, NC 4.2% 677
17 Jacksonville, FL 4.0% 1,112
18 Charlotte-Concord-Gastonia, NC-SC 4.0% 1,372
19 Houston-The Woodlands-Sugar Land, TX 3.9% 5,905
20 Providence-Warwick, RI-MA 3.8% 2,355
21 Tampa-St. Petersburg-Clearwater, FL 3.6% 2,171
22 Washington-Arlington-Alexandria, DC-VA-MD-WV 3.4% 7,289
23 Columbus, OH 3.2% 1,606
24 Las Vegas-Henderson-Paradise, NV 2.9% 2,372
25 New York-Newark-Jersey City, NY-NJ-PA 2.5% 29,774
Millennials: See the Top 25 Cities Where They're Moving | Time.com
and one more according to Credible.
Key Takeaways:
While affordability might be one reason cities attract out-of-state graduates, a lack of affordability does not appear to be an issue preventing job centers like San Francisco, Seattle, Dallas, and Washington D.C. from attracting out-of-state grads.
However, affordability becomes more of an issue in recruiting out-of-state grads if they have large amounts of student loan debt.
College graduates who aren’t immediately looking to buy a home, or are satisfied with renting, may have fewer reservations about moving to cities like Washington D.C., San Francisco and Dallas, where homes are more expensive.
The nine cities where out-of-state graduates outnumbered in-state grads were:
1.Washington D.C. (2.20 out-of-state graduates for every in-state graduate),
2.Charlotte (2.17)
3.Denver (1.92 )
4.Portland (1.48)
5.Seattle (1.35)
6.San Francisco (1.22)
7.Oakland (1.19)
8.New York City (1.06)
9.Dallas (1.03)
https://www.cnbc.com/2016/04/01/coll...college-grads/