When you’re young, work is not your only priority. Best cities for millennials would offer more than just money. In the beginnings of their career, Gen Y is looking for less stress in the work environment. This doesn’t mean they shun responsibility. Studies show there are certain criteria that make work more satisfying for Millennials. Challenges are welcomed, but this generation is known for changing jobs more often than Gen X. This stems from their desire for a balanced relationship between work and private life.
Evidently, despite the high costs, millennials still gravitate towards tech centers and cultural hot spots. They are not searching to settle in with a steady career. They are prepared to move and change companies often. Best cities for millennials offer good money and ample choices of fun. Meanwhile, Gen X was badly scorched by the Great Recession, and need a job where they can score a big home without going broke. Baby boomers are still heading to sunny states where costs are lower and cold weather is a distant memory.
Best cities for millennials in 2019 are urban meccas of luxury
According to Forbes, Millennials make up 25% of the U.S. population, which puts them at the top of the workforce market. Millennials are the young workforce of the USA. They are also known as Generation Y or Gen Y, following Generation X and preceding Generation Z. The 1980s are used as starting birth years and the mid-1990s to early 2000s as ending birth years for Gen Y. Millennials are also called “echo boomers” because they are often children of baby boomers. They have been generally marked by the era of increased use of communications, media, and digital technologies.
So if you thought millennials were going to give up on the buzziest cities just because the residential prices are skyrocketing, check again. Gen Y is not turned down by the most expensive urban areas. 25-34 y/o are flocking to tech centers because they offer the highest median income. But it is not just about the money. It is also the cultural, buzz, art galleries, nightclubs, bars and the city lifestyle overall.
San Francisco tops the best cities for millennials for 2019.
San Francisco is the cultural, commercial, and financial center of Northern California. It is at 13th place by the number of citizens in the USA. The median home list price in the city was $846,400 in 2018. Just so you can understand how expensive San Francisco is, here is a price point ranking list:
• 6th most expensive out of 336 in the World
• 4th most expensive out of 97 in N. America
• 3rd most expensive out of 80 in the USA
It doesn’t get much more expensive than SF Bay area. But San Fran metro still topped our best cities for millennials in 2019 list.
The top-scoring metropolitan area on the list has a reputation for a high cost of living. But it also provides the highest annual income by far, at $71,200. It also promises a very high likelihood of good work-life benefits with a mild climate all year round, maritime location and hot job markets. These options are extremely attractive for millennials. So is a lively nightlife scene with plenty of colorful bars and restaurants. San Francisco’s job satisfaction rates at 69%, behind Salt Lake City and Minneapolis. Provo, Utah, is number one where Gen Y workers claim 75% job satisfaction.
Seattle comes close second on the best cities for millennials ranking
Simply put, tech hubs, small and large, are the places to be for millennials. Seattle came in second, but you can’t make a mistake with a city that headquarters some of the largest companies in the US and the world.
Seattle brings together some of the best elements of city living. Gorgeous Pacific Northwest scenery that offers amazing hikes, views, and family-friendly parks. It has an innovative, tech-forward culture and an amplitude of the city’s beloved small businesses. It also has really good food. It’s the birthplace of grunge, Amazon, and Starbucks. Even perpetual rain is the part of the appeal for busy millennials who make up about a third of home buyers.
Boston has it all and the millennials are loving it
One of the top-ranked best cities for millennials on the list is Boston. When thinking about where to move, remember that Boston has a lot to offer. It is a piece of American history, with its classy theatre, dance, and music. Founded in 1613, it has an old European charm but it is very combined with the modern glassy views. For a history lesson, walk the Freedom Trail or visit the John F. Kennedy Museum. See great concerts at Symphony Hall, or enjoy the Museum of Fine Arts. Take a walking tour of Harvard University in Cambridge. Taste the best food in some of USA’s most famous restaurants. Generation Y can expect an average annual salary of $57,500 and an unemployment rate of only 3.4%. Job satisfaction is at 65%.
Other highly-ranked on best cities for millennials list are Austin, Texas, where Gen Y professionals earn a median $48,700 a year. Job satisfaction there is 67%. Austin is a big city that kept the small-town heart feel. Austin people love great music, have amazing culinary skills, and a sociable trait impossible to resist. They are eclectic and cool. This city is a mix between cowboy and hipster.
The interesting listing is Provo – which claimed fourth place. Gen Y respondents there hold the highest percentage of managerial jobs, at 39%, according to Forbes. This is not a surprise since Provo is the third-largest city in Utah. It also often ranks near the top of national polls for desirable places to live, work and play. Provo is about 40 minutes south of Salt Lake City, might be why it is so popular for all sorts of interesting people. As a land of towering mountains, waterfalls, scenic drives, and pleasant communities it offers many fun activities.