The biggest and best cities in the US are facing major changes as the most nomadic generation of people are coming of age and are shaking things up. Millennials are in our biggest cities and raising as much hell as possible before their next stop.
Millennials are a generation of people who party, drink, smoke, and spend tremendous amounts of money in our biggest cities. The sad part is our cities depend on these people now as they give a great boost in economy.
The older they get, the less likely people are to live in cities, according to recent Census data. The peak age for urban living is 25 to 27, when 20% of that age group are nestled in urban centers. By the age of 41, about a quarter have moved to the suburbs.
The stakes are high because the oldest of 86 million Millennials are turning 30 this year, a time when many marry and start families.
The US’s biggest cities will live on the edge this year as they watch their best customers move away from cities and into the suburbs.
Andrew Alvez | Elite.