Where the millennial workforce gathers

Some unexpected cities are succeeding in attracting young talent where safe bets like Austin and Seattle fall by the wayside

TRD WEEKEND EDITION /
Mar.March 11, 2018 03:00 PM

Denver, in background. (Credit from left: ITU Pictures, Pixabay)

The research is in: millennials are settling in some unexpected places to build their careers.

The top 10 metro areas where college-educated millennials gather is supposed to point to strong real estate markets — demarcated by high median house prices — and strong economies, but there are some surprising results in the new geographical rankings, complied by the Brookings Institute.

In response, CityLab ran a correlation analysis to compare the Brookings’ data to generally accepted indicators of talent, technology, diversity and density to find that millennials gather in the same metro areas where older populations of college-educated people already are; where there is a high concentration of people working in artistic and tech-related industries; and are positively co-related with cities that have large LGBTQ and Asian communities.

Here’s a look at the unexpected cities the Brookings Institute ranked in the top 10 for millennial workers. [CityLab]Erin Hudson

Boston

(Credit: Shutterstock, Marcio Jose Bastos Silva)

Madison

(Credit: Pixabay)

San Jose

(Credit: Tim Wilson)

San Francisco

(Credit: heyengel/Shutterstock)

Washington, D.C.

(Credit: Pixabay)

Hartford

(Credit: Bz3rk)

New York

(Credit: Pexels)

Raleigh

(Credit: Sage Ross)

Minneapolis – St. Paul

(Credit: Max Pixel)

Denver

(Credit: Pixabay)


Related Articles

arrow_forward_ios
As the years go by_A look back at 17 years of real estate history

A look back at 17 years of real estate history

157 West 57th Street (Credit: iStock)

One57 condo with reduced ask tops a slow week of luxury contracts

Clockwise from top left: 730 Fifth Avenue, Unit #PH21; 730 Fifth Avenue, Unit #18A; The Pierre, Unit #3101; and The Park Imperial, Unit #64

Priciest homes listed last week include $60M pad at Crown Building

250th Issue

The Real Deal celebrates 250 issues

From left: Publisher and founder Amir Korangy, Editor-in-chief Stuart Elliott and VP of Corporate Development Yoav Barilan

TRD’s founders share war stories from over the years

56 Leonard Street (Credit: iStock)

He invested more than $130M into 4 Manhattan condos. Now he’s taking a hit

Due to relatively high income levels and low transportation costs, New York City is the eight most affordable of 20 major cities (Credit: iStock)

NYC is the 8th most affordable big city in America*

53 West 53rd Street, 885 Park Avenue, 70 West 45th Street (Credit: StreetEasy)

Five priciest homes to hit the market last week all over $22M

arrow_forward_ios
Loading...