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Many roads lead to Texas & DFW as millennials look for opportunities and quality of life

Recently, 2017 Census data was analyzed to assess millennial migration patterns in the US

August 14, 2019
  • Recently, 2017 Census data was analyzed to assess millennial migration patterns in the US.
  • Texas came in second, behind Washington state – and DFW ranked 1st of all the cities evaluated.  Key reasons driving millennial migration were job opportunities, affordable housing, and quality of life.
  • Texas & DFW have been adding significant jobs.  Since 2010, DFW alone has added more than 900,000 jobs.
  • While job opportunities are critical, affordability directly impacts quality of life and an area’s “livability”.
  • Texas & DFW come to the top due to their dynamic economies that drive above average incomes.  After adjusting for cost of living, Texas millennials have up to a $9,400 advantage in spending power over the US average. 
  • That lower cost of living in Texas & DFW compared to other major markets creates a “magnet” for millennial households looking to grow their careers and balance their jobs with quality of life. 

Source: SmartAsset; ESRI; Council for Community and Economic Research; JLL Research

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