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.

Austin came in second on CommercialCafe's study, with 17.4% of residents being part of the millennial cohort – the top spot for share of millennials within its total population. Seattle came in third, with the largest change in the overall millennial population: the number of residents within that age group jumped by 13.7%.  According to CommercialCafe, an additional 80,000 millennials chose to make the city their home between 2016 and 2020.