Millennials are being touted by some as "the most powerful generation" in the U.S. Ten American cities have seen the largest influxes of this cohort so far this decade; Texas and Florida had the most with three cities each.
The number one city for millennial population growth between 2010 and 2015 was Colorado Springs, Colorado. Millennials account for over a quarter, roughly 26.4 percent, of the metro's population. Business Insider reports that from 2010 to 2015, there has been a 14.7 percent increase in the millennial population; approximately 188,054 millennials live in this metro, according to Census and Brookings data.
New data from the Brookings Institution's Metropolitan Policy Program reveals the 10 US metropolitan areas whose populations of millennials — defined as people born between 1981 and 1997 — have increased the most from 2010 to 2015. For the 10 cities on the list, we've calculated the approximate number of millennials living there using millennial population percentages provided by Brookings, as well as US Census data on the population of each metro area from 2015.
Advertisement
Related Stories
Affordability
Data Show Most Americans Are Struggling to Afford a Home
40.5 million households can only afford to purchase a $150,000 home
Single-Family Homes
US Single-Family Housing Inventory Is Up but Still Below Pre-Pandemic Levels
Housing inventory increased by 83% from the record low for the same week in 2021
Build to Rent
Single-Family Rent Growth Remains Elevated, Despite Dip in Multifamily Rental Rates
Multifamily rent growth, specifically, is decelerating since its year-over-year peak of +16.3% in 2022, but in many markets, single-family rents are continuing to rise