Monday, March 30, 2020
Local News

Study: Arlington, Alexandria Top the USA For Millennial Migration

Alexandria, Virginia
Alexandria, Virginia by smilla4, on Flickr

We all know how expensive it is to live in our area but, millennials seem to be okay with that according to this recent study from RealtyTrac which shows the millennials are moving to places with more opportunity like Alexandria, Virginia and Arlington.

The millennial generation is generally moving from lower-priced to higher-priced markets for both buying and renting, with the tradeoff being more jobs (lower unemployment) and higher median incomes in the markets they are moving to. The top two counties for percentage increase in millennials between 2007 and 2013 were in the DC metro area — Arlington County, Va., which saw an increase of millennials of 82 percent and Alexandria City, Va., which saw and increase of 81 percent. Not surprisingly both counties have a favorable unemployment rate of 3.2 percent and 3.6 percent respectively, well below the national average.

Read more at this link. Here is the chart on this study.

Lee Hernly, Editor
the authorLee Hernly, Editor
Founder & Editor
Lee Hernly is the Founder and Editor of Port City Wire, Alexandria, Virginia's best source for hyper-local news, opinion, and events. I live in the Old Town Alexandria area with my fantastic wife and son Sam. Oh, there’s Serena & Bea too. I’m so excited to meet new readers and see where you are from! Please be sure to leave a comment with a link to your blog so I can check it out!

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