Zillow ,the home and apartment search engine, asked me to reach out to share this new data on the Top 10 Cities Where Millennials Are Living Alone.
Across the United States, almost 9 percent of millennials live alone. While this number has been declining since 2005, likely due to unaffordable rents and rising home prices, there are, however, places throughout the U.S. where millennials are living independently. In cities like Austin, and Richmond, year-over-year employment growth is up by nearly 4 and 5 percent, presenting a strong labor market, making it a desirable destination for millennials. And, in New Orleans, nearly 16 percent of homes are available for millennials making a median income of $40,000.
With the percentage of 23- to 34-year-olds living with family members increasing 46 percent between 2000 and 2013, you’re probably curious where millennials can afford to live alone.
Below is a list of the top 10 places for millennials to live independently.
- Richmond, VA
- Buffalo, NY
- Columbus, Ohio
- Virginia Beach, VA
- New Orleans
- Austin, Texas
- Kansas City, MO
- Oklahoma City
I recently visited New Orleans and I had an amazing time.Several times while I was traveling I pictured myself living there.What city shocked you the most?
By Miriam Bornstein