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Here’s where millennials are moving

Source: Curbed

Colorado SpringsColorado Springs, Colorado, which had the largest increase in young adult population between 2010 and 2015, according to a new Brookings report.
A new report by the Brookings Institution’s Metropolitan Policy Program, The Millennial Generation: A Demographic Bridge to America’s Diverse Future, examines how this generation, poised to become ever more consequential on economic, cultural, and governmental levels, is changing—and where it’s settling across the country.

The Brookings Institution looked at the group through many lenses, including homeownership rates, education, and poverty. Analysis of U.S Census data shows an increasingly diverse generation: 55.8 percent are white and nearly 30 percent are what the authors called “new minorities,” namely Latinx, Asian, and those identifying as two or more races.

Thirty of the 100 largest metro areas are now minority white, including Miami (25 percent) and Houston (32 percent).
Census data revealed where they are, and aren’t, moving to and living in across the country, which some see as a type of proxy for a city’s economic health.

 

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About Community Real Estate

Community Real Estate is a Real Estate Company committed to provide quality professional services. We are a full service company with in-house lending. We are Realtor®s and HUD approved selling agents. We are expert Short Sales, Listing Agents and Buyers’ Agents. We also specialize in First Time Buyers, Second Homes, Vacation Homes, Investment Homes, Leasing and Rentals, Relocations, Foreclosures, Distress Properties and REO listings and sales. We support our America’s Heroes. We look forward to meeting you and your needs!
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