putting down roots

Houston named No. 1 destination for millennials on the move from this Texas city

Turns out Austin-born millennials haven't moved too far. Photo by Getty Images

For the most part, Austin millennials have stayed close to home after entering adulthood, a new report indicates.

At age 26, nearly 70 percent of people who were born from 1984 to 1992 and raised in Austin remained there, according to the report. That leaves more than 30 percent who moved elsewhere.

Data compiled by researchers at Harvard University and the U.S. Census Bureau pinpoints Houston as the No. 1 target for millennials who lived in Austin at age 16 and grew up here but lived somewhere else in the U.S. at age 26. The Bayou City attracted 3.9 percent of millennial movers born from 1984 to 1992 (a large subset of the millennial generation) who grew up in Austin.

Bayou City was followed by San Antonio (3.1 percent), Dallas (2.8 percent), Killeen (1.3 percent), and Fort Worth (1.2 percent). These were the only Texas cities to surpass the 1 percent mark for the share of millennials born from 1984 to 1992 who had moved away from Austin. In 2022, these millennials are celebrating birthdays from 30 to 38.

These are the top five out-of-state destinations for Austin-raised, on-the-move millennials:

  • Los Angeles — 0.86 percent
  • New York City — 0.79 percent
  • Denver — 0.64 percent
  • Seattle — 0.50 percent
  • Washington, D.C. — 0.43 percent

The list of Texas places that sent millennials to Austin looks very similar to the list of places that gained millennials from Austin. The top five are Houston (6.7 percent of movers born from 1984 to 1992 who came to Austin), Dallas and San Antonio (3.7 percent each), Fort Worth (2 percent), and Brownsville (1.6 percent).

Los Angeles is the only out-of-state destination that broke the 1 percent barrier for millennials who relocated to Austin (1.6 percent), followed by Chicago (0.97 percent), Washington, D.C. (0.63 percent), Detroit (0.51 percent), and Boston and New York City (0.49 percent each).

The geographic regions cited in the report are not metro areas but, instead, are commuting zones. A commuting zone represents a collection of counties that define an area’s labor market.

Researchers relied on federal tax, population, and housing data to assemble the report.

The statistics for Austin largely align with nationwide trends. The researchers say 80 percent of young-adult movers in the U.S. had relocated less than 100 miles from where they grew up and 90 percent had moved less than 500 miles.

“The majority of young adults stay close to home,” the researchers explain. “Average migration distances are shorter for Black and Hispanic young adults than for White and Asian young adults. Average migration distances are also shorter for those with lower levels of parental income.”

“For many individuals,” the researchers conclude, “the ‘radius of economic opportunity’ is quite narrow.”

------

This article originally ran on CultureMap.

Trending News

 
 

Promoted

From enlightening talks to networking opportunities, here's where you need to be in October. Photo via Getty Images

From networking meetups to pitch competitions, October is lined with opportunities for Houston innovators.

Here's a roundup of events you won't want to miss out on so mark your calendars and register accordingly.

Note: This post might be updated to add more events.

Additionally, mark your calendars for November 8 for the annual Houston Innovation Awards.

October 6 — Texas Venture Crawl

Head over to the Ion for pre-panel networking, an engaging Ask-Me-Anything (AMA) investor panel, followed by a happy hour for networking. Panelists include Grace Chan, Principal at bp Ventures; Jason Ethier, Founder of Lambda Catalyzer; Alex Gras, Associate at Mercury Fund; and Billy Grandy, Chief Innovation Officer and Managing Partner at Softeq Venture Fund.

This event is Friday, October 6, from 5 to 8 pm at the Ion. Click here to register.

October 7 — Ideation Competition

The Pearland Innovation Hub is hosting it's first Ideation Competition. Participants will get an opportunity to have mentors guide them through Design Thinking and other methodologies to help generate ideas to solve local civic issues.

This event is Saturday, October 7, from 9:30 am to 3 pm at Pearland Innovation Hub. Click here to register.

October 11 — Emerging Tech: Revolutionizing the Industry Panel

From artificial intelligence and blockchain to virtual reality, this panel will explore the impact of these innovations on businesses and society. Whether you are a tech enthusiast, a professional in the industry, or simply curious about the future of technology, this event will have valuable networking opportunities.

This event is Wednesday, October 11, from 1 to 2 pm at HCC West Loop Campus. Click here to register.

October 13 — Web3, Blockchain, & Crypto...Oh My!

Expert speakers will unravel the mysteries of Web3, showcasing its potential to revolutionize industries like finance, gaming, and more. Learn about the power of Blockchain technology and how it ensures transparency, security, and trust in various sectors. Explore the endless possibilities of Cryptocurrencies and their impact on the global economy.

This event is Friday, October 13, at the Cannon. Click here to register.

October 16 — Health & MedTech Mingle

Pumps & Pipes is hosting a night of industry mingles occurring simultaneously at the Ion featuring FinTech, EdTech, Food Tech, and more. This month's featured speaker is Dr. Alan Lumsden, Chair of Cardiovascular Surgery and Chair of the DeBakey Heart & Vascular Center at Houston Methodist.

This event is Monday, October 16, at the Ion. Click here to register.

October 19 — UH Energy Symposium Series - The Future of Mobility Promises & Bottlenecks

The latest installment of UH Energy's Critical Issues in Energy Symposium Series tackles the obstacles facing a transition to a circular economy.

Panelists to include: Dave Mullaney – Principal, Rocky Mountain Institute; Varuna Singh – Deputy District Engineer TxDOT; Erika Myers – Executive Director, CharIN, e.V.; Matt Peterson – President and CEO, Los Angeles Cleantech Incubator; Catherine McCreight – Director of Transportation Planning, TxDOT; Funda Sahin – Associate Professor of Supply Chain Management, University of Houston (Moderator).

This event is Thursday, October 19, at the University of Houston. Click here to register.

October 25 — Houston Startup Ecosystem Summit

The Houston Startup Ecosystem Summit is an opportunity for innovators, entrepreneurs, and tech enthusiasts to come together and push the boundaries of what's possible. This event features a lineup of panelists, diverse breakout session tracks, and a competitive startup pitch showcase.

This event is Wednesday, October 25, at the Cannon. Click here to register.

October 25  — TMC Startup Symposium

The Symposium will include 1:1 time with subject matter experts, industry networking events, educational presentations, and thought leader panel discussions. The following topics will be covered: intellectual property, voice of customer, regulatory reimbursement, clinical commercialization strategy, angel investing, venture capital investing, and serial entrepreneurship. Startup registration is $250 for a ticket.

This event starts Wednesday, October 25, from 8 am to 5 pm at TMCi. Click here to register.

October 26 — Unleash the Power of AI and ChatGPT

Attendees will have the opportunity to interact with a panel of industry experts, and network with like-minded individuals. Whether you're a seasoned professional or just starting your AI journey, this event is designed to inspire and educate. Discover how AI is revolutionizing various industries and learn how to leverage its power to drive innovation in your own projects.

This event is Thursday, October 26, from 6 to 8:30 pm at the Cannon. Click here to register.

October 27 — SHINE: The Conference on Culture

Shine is a half day conference focused on the organizational structures of workplaces. Attendees can expect to hear from a range of speakers who will share their wisdom gained from industries, from breweries to public relations.

This event is Friday, October 27, from 8 am to 1 pm at Stages. Click here to register.

October 30-31 — Fuze

This energy conference is a must-attend event for executives, investors, and founders serious about solving the energy crisis and boosting company efficiency. Featuring keynotes, expert panels, tech showcases, and networking, Fuze has a variety of activities planned for energy industry professionals. Price of admission ranges from $299-$799.

This event starts on Monday, October 30, from 8 am to 7 pm at 713 Music Hall. Click here to register.

Trending News

 
 

Promoted