The 25 Suburbs Where Millennials Are Moving

~ Riverside #1 FTW!! Heck yeah. Love my city 😉 ~

The 25 Suburbs Where Millennials Are Moving

Thousands of millennials are moving to the suburbs of Riverside, Calif., San Antonio, Texas and Orlando, Fla. The burbs of those three metro areas saw the greatest growth in the number of adults aged 25 to 34 between 2010 and 2015, according to data from the Urban Land Institute provided to TIME.

“Riverside is a long way from Austin, Portland or Seattle in terms of coolness, but a lot of those things that make those cities attractive to the millennials — craft breweries, independent stores and restaurants — they’re now springing up here,” says local real estate developer Randall Lewis. “Historically, this is a marketplace people would come to for housing affordability, but now that a lot of millennials are postponing the buying decision, there’s a strong apartment market out here.”

The apartment growth in the Riverside metro area reflects a broader trend — researchers found “urban” areas outside of cities and “suburban” areas within cities when analyzing population density. In part thanks to those new living options, many suburban areas are gaining millennials. Of the 50 metro areas the Urban Land Institute analyzed, the vast majority saw an increase in suburban millennials from 2010 to 2015, while just seven saw a decline.

Hover or tap circles on the map below to see the population change for that suburb.

<!–

Millenial pop. increase

Total pop. increase

–>

<!–

SORT BY

3,271,575
to
4,847,300

million

–>

<!–

Millennial Population Change

–>

Rank Metro Area Millennial Change 2010-2015 (%) Millennial Change 2010-2015 (#)
1 Riverside, CA 16.2% 83,843
2 San Antonio, TX 14.4% 32,267
3 Orlando, FL 13.9% 32,763
4 Virginia Beach, VA 12.8% 22,542
5 San Diego, CA 12.0% 47,279
6 Miami, FL 11.3% 67,274
7 Baltimore, MD 10.3% 24,270
8 Houston, TX 10.3% 81,644
9 Buffalo, NY 10.3% 9,866
10 Sacramento, CA 10.1% 23,572
11 Phoenix, AZ 9.3% 44,943
12 Oklahoma, OK 9.1% 12,973
13 New Orleans, LA 9.1% 10,219
14 Jacksonville, FL 8.7% 13,840
15 Los Angeles, CA 8.1% 120,934
16 Tampa, FL 7.7% 22,355
17 Las Vegas, NV 6.9% 14,866
18 Austin, TX 6.9% 14,011
19 Providence, RI 6.0% 7,794
20 Washington, DC 5.9% 31,862
21 Dallas, TX 5.8% 46,325
22 Salt Lake, UT 5.7% 8,357
23 Philadelphia, PA 5.5% 29,922
24 Richmond, VA 5.4% 6,143
25 New York, NY 4.9% 71,803
Source: Urban Land Institute

Some areas, like Riverside, saw millennial growth in the city and suburbs alike. But other regions, like Orlando Fla., gained millennials in the suburbs, while losing them in the city.

Nationally, nearly 73% of 25-to 34-year-olds lived in the suburbs in 2015, and 21% lived in cities — a ratio that is unchanged from 2010. That challenges the notion that cities are all millennial magnets. But there has been an increase in the number of young adults in urban areas, largely due to a rise in births 25 years ago, says Dowell Myers, professor of demography and urban planning at University of Southern California.

“Between 1978 and 1990, there was a 32% increase in births, so now there are 32% more young adults in the city,” explains Myers. “That upswing has led people to think that there’s a real change in taste, when there’s just a lot more young people born 25 years ago.” He believes American cities have reached “peak millennial,” with the largest millennial birth cohort passing age 25 in 2015, and smaller cohorts to follow. That demographic shift likewise explains the millennial boom in the suburbs.

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s