Best U.S. cities for millennials are in the Midwest, South, says new study
Based on jobs, affordability, and livability, Pittsburgh gets top ranking As cities jockey for position with each other to make their case for the coveted new Amazon headquarters, and the jobs and prosperity assumed to go along with it, many of the arguments being made center on the workforce. Which metros have the talent, housing, and healthy job market needed to satisfy the online retail giant, which is expected to employ up to 50,000 workers in whichever city they chose"
A report released earlier this morning by Apartment List, while not related to the Amazon municipal dating game in any way, does seek to answer a related and important question: which cities offer the greatest economic potential for millennials"
More frequently on the move and assumed to be looking for more economic opportunity?from 2007 to 2012, millennials made up 24 percent of the total U.S. population, but accounted for 43 percent of all movers in the United States, according to Census data?this demographic has typically been expected to cluster on the coasts for better job prospects. But this new analysis offers a different picture. The analysis, which analyzed the top 75 metros, focused on three main factors which were equally weighted: jobs, including median wages, growth, and millennial employment; affordability, including rent and the share of households that can become homeowners, based on median home prices; and livability, based on a survey of 24,000 renters opinions of weath...
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