The millennial population in Jacksonville, Florida, has rapidly grown as of late and only continues to rise as the years go by. This steady incoming of young professionals is part of the continuing revitalization the city is currently experiencing. So why is Jacksonville such a popular place for millennials to call home? Here are a few reasons.
6. Trading in Brutal Winters for Sunny Weather
It might not come as a huge surprise to know that a lot of the people moving to Jacksonville are coming from colder parts of the country. Cities like New York, Boston, Detroit, and Chicago are losing a lot of millennial residents who are looking to put down roots in a warmer place.
5. Low Cost Of Living
There’s a reason why you always see Jacksonville on lists of the most affordable cities in the country. The low cost of living is what attracts many people to move to Florida, but especially millennials – because for those who are just starting their careers it’s vital to be living in a place that will allow you to be comfortable and not have you feeling like you’re always trying to catch up.
4. Housing Prices
The affordable housing in Jacksonville is a big selling point for millennials. New apartment buildings are going up on what seems like a daily basis, so older buildings are lowering their rent rates to keep up, which is a great thing for younger people who are looking for an inexpensive place to live. And for those who are looking to buy a house – the market is full of reasonably priced housing developments as well.
3. A Booming Job Market
The job market in Jacksonville is a dream for millennials right now, with some of the fastest growing financial and technological sectors in America. The low unemployment rate is a sight for sore eyes for people who are coming from cities that are struggling to be able to offer work to their residents. With affordable housing and growing incomes, you really can’t go wrong.
2. Work-Life Balance
Jacksonville has something for everyone. If you want the hustle and bustle of a big city, you can get that feeling, and if you want to take time and just swing the golf club, that’s here too. There’s just so much to see and do here. It also boasts a more suburban feel for those wanting to settle down and start a family. If you’re looking for great restaurants and bars, the city has those too!
1. Like-Minded People
The best part about moving to Jacksonville as a millennial is that so many other like-minded people are doing the same. In the last decade, the population of younger Jacksonville residents grew by almost half! These educated and excited millennials are making Jacksonville a fun place to live and benefiting the economic success of the city.