A study by HireaHelper earlier this year found the top spots that millennials moved to in 2023.
Between unaffordable housing, high rental prices and sizable debt, many millennials lacked the means to move relative to their Gen Z counterparts, the study explains.
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However, those who did move reportedly did so mainly due to wanting better housing or seizing new job opportunities.
Experts announced that Texas attracted the greatest volume of millennials moving into the state, with 400,000 millennials in total.
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However, the state with the greatest share of net movers (i.e. the ratio of those moving in vs. those moving out) was Montana, where 95% more millennials moved in than left.
According to the research, the states that saw the greatest ratio of incoming millennial movers were as follows:
| Rank | State | Net Millennial Movers |
|---|---|---|
| 1 | Montana | 95% |
| 2 | Connecticut | 56% |
| 3 | Maine | 54% |
| 4 | Oklahoma | 53% |
| 5 | New Hampshire | 47% |
| 6 | South Carolina | 40% |
| 7 | Texas | 39% |
| 8 | Florida | 38% |
| 9 | Tennessee | 38% |
| 10 | Arizona | 37% |
When it came to states where millennials were more likely to leave, “the biggest losers” were New York (-52%), California (-39%), and Massachusetts (-28%), the study reads.
Meanwhile, Florida ranked at No. 8 on the list, with 38% more millennials moving in than out.
In fact, two of the top destinations in the country for millennial movers were in the Sunshine State: Tampa (No. 1) and Jacksonville (No. 3).
On the flip side, one Florida city suffered among the worst rates for fleeing millennials, with Miami reportedly seeing 27% fewer millennials coming in than those leaving.
While it didn’t perform quite as poorly, the Orlando metro area also saw a net millennial migration rate of -23%, meaning far more millennials moved away than into the area.
The full rankings for the best and worst cities are as follows:
| Rank | Best Metro | State | Net Millennial Movers |
|---|---|---|---|
| 1 | Tampa-St. Petersburg-Clearwater | Florida | 95% |
| 2 | Las Vegas-Henderson-Paradise | Nevada | 56% |
| 3 | Jacksonville | Florida | 54% |
| 4 | Nashville-Davidson-Franklin | Tennessee | 53% |
| 5 | Austin-Round Rock | Texas | 47% |
| 6 | Bridgeport-Stamford-Norwalk | Connecticut | 40% |
| 7 | Phoenix-Mesa-Scottsdale | Arizona | 39% |
| 8 | Oklahoma City | Oklahoma | 38% |
| 9 | Richmond | Virginia | 38% |
| 10 | Raleigh | North Carolina | 37% |
| Rank | Worst Metro | State | Net Millennial Movers |
|---|---|---|---|
| 1 | New York-Newark-Jersey City | New York | -56% |
| 2 | San Jose-Sunnyvale-Santa Clara | California | -51% |
| 3 | Los Angeles-Long Beach-Anaheim | California | -40% |
| 4 | Detroit-Warren-Dearborn | Michigan | -34% |
| 5 | San Francisco-Oakland-Hayward | California | -31% |
| 6 | El Paso | Texas | -29% |
| 7 | Milwaukee-Waukesha-West Allis | Wisconsin | -29% |
| 8 | Miami-Fort Lauderdale-West Palm Beach | Florida | -27% |
| 9 | Chicago-Naperville-Elgin | Illinois/Indiana/Wisconsin | -26% |
| 10 | Hartford-West Hartford-East Hartford | Connecticut | -25% |
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