San Jose is the top market for millennials looking to relocate, according to a new analysis from CommercialCafe. 

The metro shifted up from tenth place last year to first place and boasts the highest median earnings for millennial households at $150,806 per year — $17,000 more than those in the San Francisco metro and $44,145 more than in Boston. And approximately 61% of San Jose millennials hold bachelor’s degrees or higher, a metric only Boston and San Francisco come close to matching. Unemployment also remains low in the region at 2.5% as of March, according to Bureau of Labor Statistics numbers.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2022 ALM Global, LLC. All Rights Reserved.