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Millennials Are Moving to Virginia

Joseph Coupal - Wednesday, August 15, 2018

Abberly at Southpoint, Fredericksburg, VAIt is estimated that there are around 71 million millennials in America and they are expected to surpass the number of baby boomers in 2019. That makes millennials a coveted generation for cities looking to bolster their workforce and tax base. But millennials are notorious for their quixotic preferences and figuring out where they will head to next can be difficult. It’s a worthwhile undertaking though: where millennials decide to move has enormous impact on local markets, from the cost of a mortgage to whether or not you will be able to find a good avocado toast in your neighborhood.

SmartAsset used Census Bureau data to find out where are millennials moving. To track millennials’ mobility, we looked at immigration and emigration data from the U.S. Census Bureau for 217 cities. Check out our data and methodology below to see where we got our data and how we put it together to create our final rankings.

Key Findings

  • Old Dominion is popular – Virginia takes three spots in our top 10. In particular the southeastern portion of the state makes appearances in the top 10.

  • Big Apple no more – New York took the bottom spot on this list again. In particular residents seem to be leaving the city to venture into other states. In total around 69,200 residents moved to New York from out of state while nearly 95,000 left the Big Apple for another state.

The States Where Millennials Are Moving

4. Virginia

The South makes up the rest of the states in our top 10. The no. 2 ranking state is Texas, with a net influx of nearly 34,000 millennials, followed by Virginia which gained 18,300 more millennials than it lost.

For more information apartments in Fredericksburg, VA contact Abberly at Southpoint.

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