Census Data Indicates Young Adults Moving Into Large Cities, Including Washington DC

An October 25 Minneapolis Star Tribune article discusses census findings regarding the migration of young adults and established professionals.  According to the article, an increasing number of young adults are leaving college towns and their parents home and moving into large metropolitan areas, including Washington, DC.  Large cities, seeking to cater to these young out-of-state movers, are considering offering more “micro” apartments (300 square foot living areas) as an affordable housing option.

Their lives on hold for years, young adults are now making big moves in the fledgling economic recovery, leaving college towns or parents’ homes and heading out of state at the highest rate since the height of the housing boom.

New census data released Thursday offer a detailed look at U.S. migration as mobility begins to revive after sliding to a record low last year.

The latest numbers show that young adults 25-29 are the primary out-of-state movers; they had the biggest gain in 13 years as they struck out on their own to test the job market in urban, high-tech meccas such as Washington, D.C.; Denver; Portland, Ore.; Seattle; and Austin, Texas.

In contrast, groups that showed some of the most movement in the housing boom of the last decade (2000-2010) — working professionals, families and would-be retirees — are still mostly locked in place, their out-of-state migration levels stuck at near lows due to underwater mortgages and shrunken retirement portfolios.

The demographic shifts, which analysts say could continue for many more years, are once again rejiggering the housing map.

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