Millenials are all Moving to this California City
The new California hot spot for young adults!
Our generation have always been encouraged to find ourself, love ourself and follow our dreams - what ever that may be. Sometimes, these choices can lead us not only leaving our home towns but finding ourselves in love with another city, another job or just another lifestyle that fits our personality.
Sacramento is now one of the top picks for millenials who are looking for a place to settle down. Following Seattle, Washington and Columbia, South Carolina, Sacramento, California soared to top 3 of 25 cities in 2016. It is a complete turnaround after not being in the list the previous year, 2015.
Smartnet Analysis showed Sacramento had a net migration gain of 6,680 people between the ages of 20 to 24. Mostly coming from other California cities, Sacramento is a breath of fresh air from high housing cost of the Bay area.
Millenial have begun buying homes in Sacramento in the recent months and these are the top reasons why:
1) Lower Cost of Living
If you enjoy the fast paced life of the city but doesn't want to pay insane amount of money for mortgage or rent like New York or Los Angeles, then Sacramento is the best place for you. The average annual income in Sacramento is higher than the national average (although relatively low by California standards). The home sale price in Sacramento is noticeably lower than those in other major California metro areas – which is one of the factors helping to drive Sacramento's population growth.
The city has an insane variety of food and shopping options that it welcomes everyone with open arms. Sacramento is heaven on earth for foodies. Strategically located in the heart of the Central Valley, the metro area is at the forefront of the farm-to-fork movement. Residents have access to an abundance of fresh, locally sourced foods from nearby farms, wineries and breweries. Along with the variety of products, people are given the affordable and top dollar option every step of the way.
2) Job Opportunities and Strong Job Market
Sacramento is now considered as a dynamic region of over two million. The state’s capital, Sacramento historically drawn their economic stability from its public sector depending mostly on middle-wage jobs. However, the closure of military bases in the late 80s and 90s changed the structure of the region economically and socially. Sacramento soon realized that the major economic shifts requires a strategy anchored by a regional vision. Since then, tech giants like Apple, Intel, Oracle, and Hewlett-Packard also opened their doors and considered Sacramento their home.
The salaries and benefits that comes from working in the tech sector is still some of the best available. This is one of the main reasons why millenials sought after tech related jobs. Tech employees tend to enjoy their jobs more and happier overall.
3) Robust culture and diversity
Sacramento has been a family-oriented town, but sudden surge of younger residents caused the diversified population. Sacramento has a growing LGBT enclave in Lavender Heights neighborhood, and arts community and multi-ethnic population in North and South Sacramento which puts the area as one of America's most integrated metro areas.
A more liberal and much younger demographic is concentrated in the city center neighborhoods such as Southside Park and Midtown. In recent years, increasing rents and gentrification pushed lower-income residents further away from the downtown area.
Sacramento residents affiliate with many religions because of rich blend of distinct cultures and ethnicities.
Whatever the reason maybe; social, economical, financial or basically inclusivity - millenials found their heart and home in Sacramento.
Let us know in the comments below if you agree!