• 0
  • Home
  • About Us
  • What We Do

Shopping Cart

GPAM
  • Home
  • About Us
  • What We Do

Los Angeles is the top city millennials are moving to

(Credit: Pixabay, Adoramassey via Wikimedia Commons)

Millennials are increasingly moving west.

CNBC ranked what areas saw the biggest influx of millennials between 2011 and 2016 by using a combination of data from Zillow and RENTCafé. The report found that, though New York is among millennials’ top places to live, three Los Angeles neighborhoods in the top 10 made LA the most attractive city for the generation.

But are the incoming millennials able to afford their adopted cities? It’s an open question as more than 60 percent of the generation have less than $1,000 in savings as CNBC noted, though economist Issi Romem found that most newcomers to cities like LA and NYC earn significantly more than locals who are increasingly priced out of the market.

Organized by zip code, here’s a closer look at the top 10 places 20- and 30-somethings are moving to in droves. [CNBC]—Erin Hudson

(Credit: Pixabay)

1. Los Angeles, California
Neighborhood: Downtown, 90014
Millennial increase: 91.4 percent
Number of new millennials: 3,000
Median home value: $533,500

2. Los Angeles, California
Neighborhood: Downtown, 90013
Millennial increase: 60 percent
Number of new millennials: 4,700
Median home value: $567,200

(Credit: Pexels)

3. New York, New York
Neighborhood: Battery Park City, 10282
Millennial increase: 54.5 percent
Number of new millennials: 2,300
Median home value: No Zillow data. Real-estate website Redfin lists the average home sale price over the last month at $825,000.

Portland. (Credit: Tusharkoley/Shutterstock)

4. Portland, Oregon
Neighborhood: Kerns / Laurelhurst, 97232
Millennial increase: 51.8 percent
Number of new millennials: 5,700
Median home value: $600,700

5. New York, New York
Neighborhood: Lincoln Square, 10069
Millennial increase: 47.7 percent
Number of new millennials: 2,200
Median home value: $1.9 million

6. Jacksonville, Florida
Neighborhood: Riverside, 32204
Millennial increase: 45.3 percent
Number of new millennials: 3,000
Median home value: $194,600

7. Los Angeles, California
Neighborhood: Mid-Wilshire, 90048
Millennial increase: 38.9 percent
Number of new millennials: 10,300
Median home value: $1.7 million

(Credit: Lee Cannon)

8. Philadelphia, Pennsylvania
Neighborhood: Kensington, 19125
Millennial increase: 37.4 percent
Number of new millennials: 11,200
Median home value: $265,000

(Credit: heyengel/Shutterstock)

9. San Francisco, California
Neighborhood: Castro, 94114
Millennial increase: 37.4 percent
Number of new millennials: 12,500
Median home value: $1.9 million

(Credit: Pixabay)

10. Washington, D.C.
Neighborhood: Southwest Waterfront, 20024
Millennial increase: 37.2 percent
Number of new millennials: 5,100
Median home value: $403,300

Powered by WPeMatico

  • 30 September 2018
  • The Real Deal
  • Uncategorized
  •  Like
The number of buyers who find an agent online is still only 9 percent →← Looking to buy property overseas? These countries don’t want your money
  • Recent Posts

    • Mayor Karen Bass blasts everyone but herself for wildfire mishandling May 7, 2025
    • WEA, Beverly Hills Estates cut deal on $27M Malibu Colony home May 7, 2025
    • Oil firm eyes homes, hotel near Bolsa Chica wetlands in Huntington Beach May 7, 2025
    • Bankrupt Rite Aid to market 1.3K stores, including dozens in LA County May 7, 2025
    • Carolwood flexes with new LA pocket listings portal, boasting $1B+ in inventory May 7, 2025
  • Recent Comments

    • Archives

      • May 2025
      • April 2025
      • March 2025
      • February 2025
      • January 2025
      • December 2024
      • November 2024
      • October 2024
      • September 2024
      • August 2024
      • July 2024
      • June 2024
      • May 2024
      • April 2024
      • March 2024
      • February 2024
      • January 2024
      • December 2023
      • February 2023
      • January 2023
      • December 2022
      • November 2022
      • October 2022
      • September 2022
      • August 2022
      • July 2022
      • June 2022
      • May 2022
      • April 2022
      • March 2022
      • February 2022
      • January 2022
      • December 2021
      • November 2021
      • October 2021
      • September 2021
      • August 2021
      • July 2021
      • June 2021
      • May 2021
      • April 2021
      • March 2021
      • February 2021
      • January 2021
      • December 2020
      • November 2020
      • October 2020
      • September 2020
      • August 2020
      • July 2020
      • June 2020
      • May 2020
      • April 2020
      • March 2020
      • February 2020
      • January 2020
      • December 2019
      • November 2019
      • October 2019
      • September 2019
      • August 2019
      • July 2019
      • June 2019
      • May 2019
      • April 2019
      • March 2019
      • February 2019
      • January 2019
      • December 2018
      • November 2018
      • October 2018
      • September 2018
      • August 2018
      • July 2018
      • June 2018
      • May 2018
      • April 2018
      • March 2018
      • February 2018
      • January 2018
      • December 2017
    • Global Property and Asset Mangement, Inc.
      137 North Larchmont
      Los Angeles, California 90010
      +1 213-427-1127

    © 2025 GPAM