Austin skyline ARNOLD WELLS / ABJ

Austin Business Journal reports, "a new study released by financial technology company SmartAsset this month named Austin one of the most popular destinations millennials moved to in 2022. The analysis found one in four millennials moved to a different city last year, with the study ranking cities based on “the highest percentage of the population represented by newly transplanted millennials.”

Austin ranked No. 9 in pulling new residents within the 25 to 44 age range, per the study. The Lone Star State’s capital attracted 103,461 millennials, with the new residents marking 11% of the city’s overall population. The report added the median age in Austin is also in line with that trend, at 34.7 years old.

Austin wasn’t the only Texas city in the Top 10. Killeen ranked No. 8 for its pull, attracting nearly 17,000 new millennials — or 11% of the city’s overall population. Per the study, Killeen had an even lower median age, ranking at 30.4 years old.

Our partners at KXAN have more on the story here, including a list of the top 10 U.S. cities millennials moved to last year, according to the report."

 

Source: Austin Business Journal 

Written by: KXAN News

Published: November 27, 2023

Posted by Grossman & Jones Group on

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