The following is a guest post from CommercialCafe:
Millennials make up nearly 22% of America’s population. This makes their well-being important not only for themselves, but also for the broader U.S. economy.
And, as opportunities and challenges vary greatly across the country, CommercialCafe ranked the country’s top metros for Millennials after analyzing 105 metro areas with more than 500,000 residents, evaluating them based on seven key indicators specific to Millennials, such as population growth; demographic share; income levels; access to employer-based health insurance; as well as metro-specific factors, like cost of living and unemployment rate. Additionally, we have also highlighted each region’s 10 best entries.
Here are some of the key highlights for Indiana’s capital city:
Indianapolis placed 23rd among the country’s best metros for Millennials with a total of 62.1 points while ranking sixth regionally.
- Indianapolis saw the highest jump in its percent of Millennial residents between 2018 and 2022 among the regional top 10 – 5.2%.
- The metro placed sixth for its share of Millennials within its overall population among the regional top 10 entries (22.5%).
- Indianapolis ranked sixth among the Midwest’s top 10 entries in terms of cost of living with a value of 93.7 for this metric.
- At a regional level, a total of five Midwestern metro areas ranked among the country’s best places for Millennials.
Read the full report to see how other cities around the country stacked up.
