Top Cities Attracting Millennials, According to Study

A recent study by Smart Asset analyzed 268 cities to determine where millennials are moving the most. The top 10 cities attracting millennial movers in 2022 include Cambridge, Massachusetts; Santa Clara and Sunnyvale, California; Seattle and Bellevue, Washington; and Austin and Killeen, Texas. These cities offer various opportunities, such as prestigious universities or proximity to Silicon Valley. The study also found that one in four millennials moved to a different city in 2022, while a Redfin survey revealed that 18% of millennials believe they will never own a home due to affordability concerns.