Denver Millennial Boom 2nd highest in country
The Mile High City continues to attract millennials
Photo by Buro Millennial from Pexels
The opportunities in the Mile High City have attracted skilled workers from all over the country. One particular group has flocked to Denver, over a five year period (2011-2016), the Millennial population has grown from 512,575 to 608,361, a 18.7% increase. Denver is second only to San Francisco, the city by the bay saw a 16.2% increase going from 860,296 to 999,793.
Denver has become attractive to Millennials due to the growing opportunity for start ups, the increasing tech and cyber security industries, the cities transportation options and of course the quality of life.
According to a study performed for the Metro Denver Economic Development Corporation by Development Research Partners:
- Money magazine state Denver is a "mecca for millennials"
- Denver ranked 3rd for attracting the most millennials moving from another city by the 2019 Mayflower Mover Study.
- Forbes ranked Denver as the 7th best city for millennials (ages 25-34) out of 25 major cities in 2015
- Denver ranked 7th best city for educated millennials by the American Institute for Economic Research
- Forbes ranked Metro Denver 7th among metro areas that are magnets for millennials in 2014
- Boulder ranked among the top senve best metro area for millennials in 2014, according to The Cheat Sheet
- Denver ranked the 8th most perfect city by millennials in a survey by ABODO
- Realtor.com ranked Denver 9th among the top cities where millennials are most likely to purchase a home in 201
To read the entire study by Development Research Partners, click here.
For more information on the top cities for millennials, click here