I know we’ve written about the size of the Millennial generation, 75M, before…we’ll talk about this coveted generation again today…and again and again in the future. Why? Because this coveted generation bolsters everything in its wake.
Where Millennials move matters. Millennials sustain and augment their local work force, their local tax base and their local real estate agents. Pay attention, all of you agents.
SmartAsset is certainly paying attention to where millennials are choosing to move. It has just released its 2018 edition of Where Millennials Are Moving study. SmartAsset used US Census Bureau data for 2017 from both the states and the nation’s 217 largest cities to come up with its findings.
Notice that for the first time, New York City is not in the top 10 Millennial cities. True, 69,200 Millennials moved into the state “to make it anywhere” from other states but 95,000 left the Big Apple to move to other cities and states. And notice that Washington State captured the largest Millennial net influx as well as the largest net Millennial influx (0.55%) relative to the state’s total population.
States Where MIllennials Are Moving
Net Millennial Migration
- Washington 39,500 (no income tax)
- Texas 33,650
- Colorado 26,547
- Virginia 18,338
- Georgia 17,621
- Oregon 11,989
- North Carolina 9,647
- Nevada 8,820
- Florida 7,195
- Arizona 7,077
Cities Where Millennials Are Moving
Net Millennial Migration
- Seattle 7,302
- Columbia SC 6,937 (influx from out-of-state)
- Sacramento 6,680 (in-state influx)
- Minneapolis 6,519 (in-state influx)
- Jacksonville FLA 6,354 (least taxed residents)
- Newport News VA 5,667 (smallest city in top 10)
- San Jose 5,496 (in-state influx)
- Denver 5,106 (nation’s mobile-est Ms)
- Norfolk VA 4,997
- Virginia Beach VA 4,984 (out-of-state influx)
- Charlotte NC 4,927
- Nashville 4,481
- Cincinnati 4,420
- Overland Park KS 4,099
- 15, Louisville 3,892
- Arlington TX 3,892
- Fort Collins CO 3,752
- Oakland 3,735
- Houston 3,689
- Colorado Springs CO 3,591
- Durham NC 3,579
- Tempe AZ 3,502
- Fort Worth TX 3,350
- Columbus OH 3,335
- Thornton CO 3,198