When young college graduates decide where to move, they are not just looking at the usual suspects, like New York, Washington and San Francisco.Recent research from think tank City Observatory, which studies various trends on urban living, indicated that young adults are moving to urban centers, especially the close-in neighborhoods within three miles of the center of the central business district.In fact, the number of the 25-34-year-old age group moving in that direction has surged, up 37 percent in 2010 as compared to 2000.And Houston is one of the beneficiaries of that trend.The study found that the number of college graduates aged 25 to 34 in Houston grew 50 percent from 2000 to 2012. That’s the top-ranked metro in the study, and that percentage is exactly double the average of all the metros studied.Increasingly, as the think tank pointed out, young adults have different standards than their parents. And, young college-educated adults are very specifical...
- Recent migration patterns show that 25 to 34-year-olds are moving closer to city centers.
- Houston is one metro that has benefited greatly from this trend.
- In a study of 51 large metros, young adults are choosing most large metros to put down roots.