On one side of the infographic, you’ll see it: The affordable places. Not many of them are what you’d call hotbeds of millennial migration. On the other hand, many on the other side of the graph rank among the who’s who of places known for their arts, culture, technology, entrepreneurial spirit and… attracting droves of millennials.
If you need a diagram of the opportunity the Rubber City has in this post-Rust Belt age, here it is in its simplest form.
Millennials tend to gravitate to certain cities. They’re more likely to live in San Diego than Newark, in Austin than Cleveland, in Washington than Tampa. But these geographic patterns bode poorly for their homeownership prospects: Millennials make up a larger share of the population in many metropolitan areas where they’re least likely to afford the housing.
So maybe the question isn’t where are they but how do you keep the millennials you have–and convince others to move here?
Buying a home is a way of setting down roots. It’s very affordable to do that in Akron, but is it attractive? Is this where the next generation wants to be?
What do you think it will take to be a city that tops the list in desirability instead of affordability? Leave your thoughts below in the comments, post them on Facebook or tweet at us. We want to know what you think.