Where are today's Young Adults, aged 25-34, moving to? Austin TX is ranked 5th! Personally, I think they would be ranked higher if they included the ones who moved here first for college and then stayed here, but alas, that wasn't the criteria used.
Brookings Institution studies where young adults are moving. They say that prior to the current recession, from 2005-2007, people were moving to places like Phoenix, Arizona and Riverside, CA. Since the Recession, from 2008-2010, young adults are picking different cities, and what they termed "cool cities".
Austin TX isn't just a "cool city", but we have a very large Technology sector, and we all know technology changes day in and day out, so that's probably a timeless industry to be involved in.
How many young adults moved to Austin TX? 7099, according to the Brookings' report. There are three main Texas metro areas that made the top 7 list. Texas is definitely fairing well with jobs and cost of living making it a very attractive place to move to.
Here are the other top 7 cities:
1 - Denver, CO - 10,429
2 - Houston, TX - 9,366
3 - Dallas, TX - 8,731
4 - Seattle, WA - 7,421
5 - Austin, TX - 7,099
6- Washington, DC - 7,044
7- Portland, OR - 6,656
Here is the entire article.
*Graphic courtesy of the HuffingtonPost article.
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Copyright© 2011 By Donna Harris, All Rights Reserved. You may re-blog with links back to this post.
* Austin TX Ranks 5th - Best Place for Young Adult Relocation * was first published on donnahomesblog.com.