Time Magazine Ranks New Orleans No. 5 For Millennial In-Migration

NEW ORLEANS – According to Time magazine, Greater New Orleans ranks No. 5 in the U.S. for in-migration of millennials. From 2010-2015, the New Orleans MSA saw a 8.5 percent increase in its 25-34-year-old population.

         In the article “The 25 Cities Where Millennials Are Moving,” Time writes, “Millennials are moving to America's cities — and not just the biggest ones. While places like New York City and Los Angeles remain millennial magnets, research from the Urban Land Institute shows that smaller cities… are actually seeing the most relative growth in their population of 25-to-34-year-olds.”

         The top 10 regions where millennials are moving are:

 

1 – Virginia Beach-Norfolk-Newport News, Virginia-North Carolina — 16.4 percent

2 – Richmond, Virginia — 14.9 percent

3 – Riverside-San Bernardino-Ontario, California — 11.7 percent

4 – Memphis, Tennessee (TN-MS-AR) — 9.5 percent

5 – New Orleans-Metairie, Louisiana — 8.5 percent

6 – Austin-Round Rock, Texas — 6.6 percent

7 – Pittsburgh, Pennsylvania — 6.6 percent

8 – Baltimore-Columbia-Towson, Maryland — 6.5 percent

9 – Boston-Cambridge-Newton, Marylan-New Hampshire — 6.5 percent

10 – Miami-Fort Lauderdale-West Palm Beach, Florida — 6.4 percent

 

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Categories: National News, Real Estate, Today’s Business News