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Sacramento Is The Best City For Millennials in 2018!
Wait, what?! Sacramento, California?
Yes, it’s true, if you are a Millennial looking to live in an awesome city and succeed financially, then Sacramento may be the best place for you.
No, I do not currently live in Sacramento. But, I am strongly considering moving there. I want to get ahead financially, and Sacramento has a lot to offer.
If you are like me, and are sick and tired of high cost of living cities, check out these three reasons why:
Sacramento is the best city for Millennials.
1) Sacramento is Popular
2) Sacramento has a Low ‘Rich’ Threshold
3) Sacramento has Low Rent
1. Sacramento Is Popular
Sacramento, California is the third most popular city in the United States for Millennials based on net migration data.
A study conducted by SmartAsset in 2018 looked at where Millennials are moving. To find out where millennials are moving, SmartAsset used Census Bureau mobility data.
They looked at 217 cities in the United States and calculated how many Millennials immigrated and emigrated for each city.
Net migration is calculated by the number of people between the ages of 20 and 34 who moved into a city, minus the number that moved out of the city in 2016.
Check out the fastest growing young adult populations in cities below!
1. Seattle, Washington: ~30,000 Millennials in, 22,000 out. Net: 7,302 Millennials gained.
2. Columbia, South Carolina: ~8,000 Millennials in, 3,700 out. Net: 6,937 Millennial growth.
3. Sacramento, California: ~10,000 Millennials in, 5,600 out. Net: 6,680 Millennials gained.
4. Minneapolis, Minnesota: ~21,758 Millennials in, 15,229 out. Net: 6,529 Millennial migration.
5. Jacksonville, Florida: Net Millennial Migration: ~6,354.
6. Newport News, Virginia: ~11,664 Millennials in, 5,997 out. Net: 5,667 Millennial growth.
7. San Jose, California: ~20,000 Millennials in, 14,504 Millennials migrated out. Net: 5,496 Millennial migration.
8. Denver, Colorado: Net Millennial growth: 5,106.
9. Norfolk, Virginia: ~18,603 Millennials in,13,606 out. Net: 4,997 Millennials growth.
10. Virginia Beach, Virginia: ~19,100 Millennials in, 14,116 Millennials migrated out. Net: 4,984 Millennial gained.