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Millennials are on the move — and the largest share of them are heading to New Haven-Milford, Connecticut and Madison, Wisconsin, according to a National Association of Realtors study, Bloomberg reports. Findings are based on the U.S. Census Bureau’s 2017 American Community Survey, which tracked household with an age range of 19 to 37, and an analysis of the 100 largest metro areas.
Employment and cost of living are key factors. “In comparison to other areas, Madison offers one of the highest wages for millennials,” NAR’s chief economist Lawrence Yun said in a statement, Bloomberg reports. “This income level combined with the robust employment opportunities and the affordability, make Madison among one of the most appealing locations for millennials wo are looking to stay longer and raise families.”
Syracuse, New York, Grand Rapids-Wyoming, Michigan and Urban Honolulu, Hawaii round out the top five cities attracting the largest percentage of millennials relocating.
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