Time has produced a confusing article on how Millennials “are moving to America’s cities,” using the terms “cities,” “urban areas,” and “metropolitan areas” interchangeably. But the main thrust of the report seems clear enough: Some metros are seeing a faster increase in the Millennial population than others. Indeed, 11 metros actually lost Millennials.
The reason the article caught my eye is that the two metros with the fastest-growing 25- to 34-year-old populations between 2010 and 2015 are…. drum roll….
No. 1: Hampton Roads — up 16.4%, a gain of 7,034.
No. 2: Richmond — up 14.9%, a gain of 5,176.
Larger metropolitan areas such as Boston, Philadelphia, Houston, Washington, Baltimore, and New York showed larger gains in absolute numbers, but the percentage increases were much lower. It is especially satisfying to see the two Virginia metros out-performing “hot” metros such as Austin and Raleigh. Heh! Heh!
For all I know, these numbers are a statistical fluke. (Are the Hampton Roads numbers driven by an increase in young military personnel?) But, then, maybe they’re not. Maybe Hampton Roads and Richmond have a good vibe and really are luring young people. The migration portends good things for the future.
Caution: James V. Koch, an Old Dominion University economics professor (and ODU president emeritus) urges readers to view these numbers with caution. First, despite the implication of the Time article, these are not migration numbers; they are population numbers, which include not only migration but natural population increase/decrease. Second, he can’t tell where the numbers come from. The statistics he has seen show out-migration from Hampton Roads.There are currently no comments highlighted.