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Denver Ranks High in this List of Best Cities for Millennials

With more job postings and more people flocking to Denver, it's no surprise this city's a hotspot for millennials this year.

(Jake Ingle | Unsplash Image)

Sometimes millennials need more than avocado toast and the Twitter app—Perhaps a new job, a house, or fresh relationships. But where in the United States can you find the perfect city to do all of that?

Well, new research from TYE Medical found the answers.

The company ranked all of the 50 largest U.S. cities against a variety of factors that were fitting to each generation. While Baby Boomers may be focused on the best spots for retirement, Gen Zers are just looking for a cheap apartment. While each city comes with different pros and cons—some cities have a wild night life, others have large parks and family fun activities—there just might be a perfect city for you, depending on your age.

Find out what's happening in Denverfor free with the latest updates from Patch.

But for Millennials, TYE Medical determined that the most important criteria is the local population share of 24-40-year-olds, entry-level job opportunities, and affordable home prices.

Using data from the Census, LinkedIn, and Realtors.com, they gave each city an individual score and ranking.

Find out what's happening in Denverfor free with the latest updates from Patch.

According to the research, Denver came in the number three spot for millennials to live in 2021.

The city’s high concentration of millennials, coupled with a large number of open entry-level jobs as well as affordable median housing prices, gave it a city score of 19.6 out of a possible 25 points.

Salt Lake City and D.C. slightly outranked the Colorado capital, scoring slightly higher in generational presence.

Denver’s high score in entry-level jobs isn’t all that surprising. This month, it was reported that 52% of the city’s employers plan to add new, permanent positions to their staff. Additionally, nearly half of employers say they’re offering sign-on bonuses to garner more skilled workers, according to the research from Robert Half.

Millennials will find a large pool of jobs to choose from this year, with greater earning opportunities and career advancements.

Denver is also experiencing a boom of people migrating into the city—And although they come in all ages, Millennials are dominating the move. According to research that came out this April, Denver had the biggest net migration of millennial residents with 10,974 millennials moving to the city from a different state in 2019. 33% of Denver’s population is now millennials, and that means there’s no shortage of potential people to meet and jobs to secure.

You can find the full report here.

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