Millennial migration to DFW is due to job opportunities, affordable housing and quality of life.
DALLAS—2017 Census data was recently analyzed to assess US Millennial migration patterns. Texas came in second behind Washington State and Dallas-Fort Worth ranked first of all the cities evaluated.
JLL’s annual “Power of Millennial Money” study takes a look at nearly 50 of the largest US metro areas to see how household incomes of working Millennials in those markets stack up against one another when adjusted for cost of living. This analysis shows which markets provide a greater value for working Millennials. JLL’s research team looked at markets the firm tracks for office stats and other markets with populations of around 1 million to give a fair representation of what’s happening across the country.
The key reasons driving Millennial migration to DFW were job opportunities, affordable housing and quality of life. While job opportunities are critical, affordability directly impacts quality of life and an area’s livability.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
