We keep hearing Millennials want to live in cities. A report is out from City Observatory that lends some evidence.
The study, called “The Young and the Restless and the Nation’s Cities,” finds 25 to 34 year-olds with bachelor’s degrees are increasingly moving into city centers. They are playing a big role in revitalizing cities and their economies.
Let’s look at the numbers in Rochester.
Rochester saw a 9 percent increase in the number of 25 to 34 year olds with four-year degrees between 2000 and 2012 to 47,538. In 2000, 33 percent of 25 to 34 year olds had a bachelor’s degree. In 2012, 36.7 percent did.
Although this group is more educated, they still make up relatively the same portion of the population – 4.2 percent in 2000 and 4.5 percent in 2012. That suggests more young adults are not moving into the metro area, but it also suggests they’re not leaving.
The data shows Millennials are trending toward the city. In 2000, 9,668 25 to 34 year olds lived within three miles of downtown. In 2010, 11,552 did. That’s a 19 percent increase.
In summary, Rochester’s Millennials are more educated compared to the Gen Xers who came before them. They’re also living closer to downtown.
Buffalo is seeing similar trends, though the numbers there look more dramatic. That’s partly because Buffalo had far fewer educated young adults than Rochester in 2000. Now, Buffalo has more both in terms of numbers and percentages.
Links of the Day:
– A study says downtown Syracuse will keep adding residents.
– Despite loads of criticism, the New York Times endorses Cuomo for a second term.
– Trump predicts Upstate casinos will “go down the tubes.”
– Students are being arrested in school for what used to be regular disciplinary infractions. Perhaps it’s time to rethink having police in schools. They don’t serve the principal; they serve the law. Are schools really safer with police.
– Man will go to prison for owning sexy cartoons of children. Cartoons…
– There’s a big increase in surgery to mend ‘flesh tunnel’ earlobes.