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“Porch says single millennials generally benefit from living in areas with other people their age, large single populations, a healthy job market and plenty of food and entertainment spots.
“Based on these factors, the Charleston-North Charleston metro area earned high marks against 150 of the largest metros in the country.”
Housing's gotten too expensive in Charleston area. Have to come up with 75 grand for 20 percent downpayment if you want to avoid pmi. As recently as the late 90s, you'd be able to buy a house out right with that amount of money.
Millennials are roughly 25-40, pretty much the age range that most cities’ median age is in the middle of. They’re still single and either looking or don’t plan on pairing up and just want to live in a cool place with a lot of social activities for their cool age group, not old and grumpy, but not wet behind the ears. But Generation X likes cities like Charleston, too.
This is what “Real News” has to say about millennials in this morning’s Post and Courier real estate section. The blurb doesn’t reference the ranking this thread is about. BTW, does anyone know how to move this thread to the Charleston forum?
“The millennial generation is the largest in American History (72.2 million, even larger than the baby boomer generation) and the millennials are just now starting to get their act together in terms of household formation.
“This generation has been delayed in starting household formation for a variety of reasons, but they are now starting to do so en masse.
“A large demographic wave of millennial household formation is in the process of breaking into a housing market that is short of inventory to handle the incoming wave.
“This is a national trend, yes. Having said that Charleston is faring quite well with millennials with a quarter of our population being in the millennial age range and the local millennial employment rate is well above the national average.”
This is what “Real News” has to say about millennials in this morning’s Post and Courier real estate section. The blurb doesn’t reference the ranking this thread is about. BTW, does anyone know how to move this thread to the Charleston forum?
“The millennial generation is the largest in American History (72.2 million, even larger than the baby boomer generation) and the millennials are just now starting to get their act together in terms of household formation.
“This generation has been delayed in starting household formation for a variety of reasons, but they are now starting to do so en masse.
“A large demographic wave of millennial household formation is in the process of breaking into a housing market that is short of inventory to handle the incoming wave.
“This is a national trend, yes. Having said that Charleston is faring quite well with millennials with a quarter of our population being in the millennial age range and the local millennial employment rate is well above the national average.”
I’m confused how it’s number one even in SC though. Columbias average age is is UNDER 30 according to the most recent census data on it (idk how much the colleges affect that), but even so seems weird. Admittedly the mean age would be best but I don’t know it. It just seems like there are bigger cities with even more young people wanting to flock to them/already living there. Charlotte comes to mind, even the average rent up there is cheaper. So.
I’m confused how it’s number one even in SC though. Columbias average age is is UNDER 30 according to the most recent census data on it (idk how much the colleges affect that), but even so seems weird. Admittedly the mean age would be best but I don’t know it. It just seems like there are bigger cities with even more young people wanting to flock to them/already living there. Charlotte comes to mind, even the average rent up there is cheaper. So.
Name the list and there’s an argument as to why #1 shouldn’t be l, based on what I’ve seen in the comments sections for all lists. I think in general, younger people > stuff to do > popularity of the city in the media > affordability compared to many other cities millennials are attracted to > etc >
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