Study Ranks Yonkers As The Fourth Worst City For Millennials – By Brian Harrod

Weighing all the factors, the study ranked the Yonkers experience near the bottom of the list for millennials.

While the city of hills is see development at a scale not seen in at least a generation, a new study claims millennials might be best advised to look elsewhere when considering a new residence.

Atlanta-based Rent.com, an apartment search website, recently released their rankings of best and worst cities for millennials. Loosely defined as the generation currently between 24 and 39 years old, the demographic has been credited (or perhaps maligned) for reshaping housing trends through their preference for urban living.

Rent.com’s study looked at a number of millennial-focused factors and weighted them according to relevancy.

They included median income, percentage of millennial renters, the unemployment rate as of June 2020, walk and bike scores, and a “fun factor” score, described as a per-capita calculation based on commercially-available business listings of entertainment establishments like bars, concert venues, movie theaters, and restaurants.

So where does Rent.com think millennials will fare the best? That would be Salt Lake City, Utah. With a median income of $61,625, unemployment rate of 6.2%, walk score of 67, and percentage of millennial renters at 51.7%, the city ranked high in many metrics.

Apparently, it’s a blast out there; Salt Lake City’s fun factor score came in at 61.5, the second-highest ranking on the list.

The study generally gave high marks to cities located in the middle of the county with places like Madison, Wisconsin, Austin, Texas, and Lexington, Kentucky landing in the top five.