Houston ranked a top-25 city for Millennials

Apr. 18, 2014Houston Business Journal

Houston ranked No. 21 on a list of best cities for Millennials for its low rent, income and high numbers of adults under 34 years old,  according to Niche Ink, a schools research website.

But the city also placed well below two other Texas cities, both that made the top 10 on the list.

Niche Ink used the U.S Census American Community Survey to compile the list, basing its rankings off of population, median rent, median income, percentage of the population with at least a bachelor’s degree, racial diversity and unemployment rate.

The site also used the FBI Uniform Crime reports to gauge the crime level of the cities it surveyed, as well as surveying its readers on categories like “Best Areas to Live After Graudation,” “Best Nightlife,” “Best Shopping,” and “Best Cultural Attractions.”

With 17 percent of its population between the ages of 25 and 34, Austin came in at No. 2 on the list. The Dallas-Forth Worth area came in at No. 8, which tied Houston at 15 percent of its population made up of young people.

Houston also had a lower median income, at $28,306, than both Austin and Dallas, which had median incomes of $30,816 and $29,830, respectively. And both of the other Texas cities scored better than Houston when it came to crime.

Houston has scored well recently when it comes to attracting Millennials.

Census Bureau and Brookings Institution data from 2009 to 2012 showed that young people were moving to Houston at a higher rate than most other cities in the U.S., including Austin and Dallas.

Hiring Millennials should be no problem to companies wary of their new employees being “self-absorbed,”  according to the CFO of Tudor Pickering Holt & Co. writing for the Houston Business Journal in March.