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If you’re a Millennial, Denver, Colorado is the place to be, according to a study by Commercialcafe. The company ranked seven factors such as the Millennial population, unemployment rate, and cost of living to figure out which cities are best suited for Millennials. The list includes a diverse cast of cities they spread out from Raleigh, North Carolina, to Seattle, but notably absent from the top 10 were any states in the Northeast. Find out if your city has the recipe to attract the elusive Millennial.
Millennials, still in the earlier stages of their careers and less likely to be encumbered by the needs of children or spouses, may strongly consider relocation as they climb the professional ladder. But where are the best cities to work?
A new study by Commercialcafe ranked metro areas for millennials based on seven factors related to employment. For the purposes of the study, “millennials” were defined as people born between 1986 and 1995, and only metro areas with populations of at least 1 million were considered.
Each area was ranked in seven categories to determine a total score: Millennial population growth between 2014 and 2018, millennial population share, regional price parity (a cost-of-living comparison in which a score of 100 represents the national average), millennial unemployment rate, the share of millennials with employer-based health insurance, the share of working millennials with a bachelor’s degree, and average commuting time.
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