Top 10 Cities Where Millennials are Living Alone
A recent report compiled by Zillow identifies the top U.S. cities where millennials are currently living alone. The significance of this data lies in the growing purchasing power of millennials and how they are affecting the current real estate market. Richmond has the highest share of millennials living solo in the entire U.S. Our very own city, Austin, made it to the top list at the 8th spot.
Among the factors that were considered for selecting the cities that made it to the list are the abundance of amazing career opportunities, housing expenses considered affordable for a millennial's salary, and the ability to save more-- thanks to a lower standard of living.
To know more about the metro areas with the greatest share of millennials living solo, you can check out our blog about millennials or check out the original Zillow report from which this post was based.