Millennials make up a quarter of the nation’s population and are expected to have huge influence over real estate in the coming years. But though the millennial population increased 4.7 percent between 2010 and 2015, according to Census data, the growth has not occurred evenly across geographic areas. The cities with the highest share of millennials as of 2015 are:
- Provo-Orem, Utah: 30.4 percent
- Austin, Texas: 27.2 percent
- San Diego: 27 percent
- Virginia Beach, Va.: 26.9 percent
- Madison, Wis.: 26.8 percent
- Colorado Springs, Colo.: 26.4 percent
- Bakersfield, Calif.: 26.3 percent
- Honolulu: 26.3 percent
- Salt Lake City: 26.2 percent
The cities with the highest growth in millennial population from 2010 to 2015 are:
- Colorado Springs: 14.7 percent growth
- San Antonio: 14.4 percent
- Denver: 12.8 percent
- Orlando, Fla.: 12.7 percent
- Honolulu: 12.2 percent
- Austin: 11.8 percent
- Cape Coral, Fla.: 11.7 percent
- Houston: 11.7 percent
- Sarasota, Fla.: 11.1 percent
- Seattle: 10.8 percent
Meanwhile, the cities with the lowest increases in millennial populations are Birmingham, Ala. (–0.6 percent); Chicago (0.2 percent); Toledo, Ohio (0.5 percent); and St. Louis (0.9 percent).
Source: “Here’s Where Millennials Are Moving,” Curbed.com (Jan. 26, 2018)