Huntsville among new list of 'Best Places for Millennials to Live + Work'

A new study on the best cities for millennials has Huntsville among the best places to live and work. Real estate publication CommercialCafe listed Huntsville in the top five in their study.

Here’s why:

Huntsville among 5 best cities for millennials

The CommercialCafe study analyzed 105 metro areas with populations of more than 500,000 and evaluated them based on seven key metrics.

These included indicators specific to millennials, such as population growth; demographic share; income levels; access to employer-based health insurance; as well as metro-specific factors, like cost of living and unemployment rate.

Here are the top 10 Best Places for Millennials to Live and Work:

Austin, Texas
San Jose, Calif.
Raleigh, N.C.
Harrisburg-Carlisle, Penn.
Huntsville, Ala.
Ogden-Clearfield, Utah
Seattle
Salt Lake City
Northwest Arkansas
Des Moines, Iowa

Why Huntsville is great for millennials

job in huntsville — The demand for aerospace and tech jobs has workers flocking to Huntsville. (Lacey Spear / Hville Blast)

According to the study Huntsville saw a 10 percent increase in millennial population in the last year.

The report points to Huntsville’s thriving job market, low unemployment rate and affordable living costs (fourth-lowest among major cities) as reasons for the city being an attractive destination for the emerging generation.

“The local economy has been undergoing a significant transformation with a budding technology sector joining longer-standing industries, like aerospace and defense. This shift has made Huntsville a regional hotspot for tech employment as it was recently recognized as one of the fastest-growing metros for tech jobs in the region.

And, with a solid base of employment options, Huntsville presents an appealing option for Millennials with the credentials to meet the demands of these growing fields. As a result, its current 41.2% share of Millennials with a bachelor’s degree are well-positioned moving forward.”
CommercialCafe

Read the full report at CommercialCafe.com.

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