Austin Among Best Metros for Millennials
January 29, 2020
A new study ranks Austin No. 2 among the best metros for Millennials who want to relocate.
Real estate blog COMMERCIALCafé used Census data to rank the most populated metro areas based on seven indicators, including Millennial population growth, regional price parity, millennial unemployment rate, percentage of Millennials with employer-based health insurance, and commuting time. The Austin metro area snatched the 2nd place in the top 10, with a total of 74.6 points.
Millennials make up 17.4% of the Austin-Round Rock metropolitan area’s roughly 2.2 million residents. The most recent Census records estimate that there are currently 376,940 residents within the 25-34 age group, an 11% increase in the last four years.
COMMERCIALCafé’s research focuses on demographic and economic metrics but also recognizes that several other factors contribute to the perceived quality of life in each location. For instance, a wide array of personal preferences can greatly influence an individual’s choice of living in a particular metropolitan area, such as the climate, geography, urban density, air quality, public transportation options, the local food, entertainment and sporting scene.
From the increasing job opportunities in the growing tech corridor to the vibrant culture and natural amenities, it’s easy to see why Austin is one of the best metros for Millennials! If you’re moving to Austin or currently renting in the city, we invite you to check out the green homes available in Whisper Valley.
Priced from the mid $200s-$400s, Whisper Valley’s EcoSmart homes utilize a geothermal loop system combined with ground source heat pumps to save up to 65 percent on typical monthly energy consumption, combined with Solar PV to generate electricity. Homeowners also love our healthy lifestyle amenities, including on-site gardens, an amenity center featuring a pool and fitness center, walking trails, parks and community events coordinated by our community manager.
For more information, call us at (512) 710-3799 or contact us today!