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Other - JUNE 14, 2018

Millennials moving to Washington State

by Andrea Zander

Washington is the number one state where millennials are moving to with Seattle being the number one city, according to financial technology company SmartAsset. The firm compared the number of people between the ages of 20 and 34 who moved to 217 U.S. cities to the number who moved away from them, using 2016 Census Bureau migration data.

According to Pew Research Center, there are around 71 million millennials in America and they are expect to surpass the number of baby boomers in 2019.

Washington received the largest influx of millennials, both in terms of net influx and net influx relative to population. The state received nearly 40,000 more millennials than it lost, which is around 0.55 percent of the overall population. Seattle was the main beneficiary of these millennials.

Nearly 30,000 millennials moved to Seattle; however, just over 22,000 moved out of the city. This left the city with a net influx of 7,300 millennials.

 

States where millennials are moving

STATE NET MIRGRATION
Washington 36,590
Texas 33,650
Colorado 26,547
Virginia 18,338
Georgia 17,621
Oregon 11,989
North Carolina 9,647
Nevada 8,820
Florida 7,195
Arizona 7,077

 

Cities where millennials are moving

CITY NET MIRGRATION
Seattle 7,302
Columbia, S.C. 6,937
Sacramento 6,680
Minneapolis 6,529
Jacksonville, Fla. 6,354
Newport News, Va. 5,667
San Jose 5,496
Denver 5,106
Norfolk, Va. 4,997
Virginia Beach, Va. 4,984

 

 

To read the report, click here.

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