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The Young and the Restless and the Nation's Cities
The Young and Restless—25 to 34 year olds with a bachelor’s degree or higher level of education, are increasingly moving to the close-in neighborhoods of the nation’s large metropolitan areas. This migration is fueling economic growth and urban revitalization.
Key findings
Well-educated young adults are disproportionately found in a few metropolitan areas. Two-thirds of the nation’s 25-34 year olds with a BA degree live in the nation’s 51 largest metropolitan areas, those with a million or more population.
Within the largest metropolitan areas, welleducated young adults are increasing moving to close-in urban neighborhoods. Talented young adults, in the aggregate are much more likely to choose to locate in close in urban neighborhoods than are other Americans. In the 51 largest metropolitan areas, college-educated 25 to 34 year olds are more than twice likely than all residents of metro areas to live in close-in urban neighborhoods.
Businesses are increasingly locating in or near urban centers to better tap into the growing pool of well-educated young workers, and because these central city locations enable firms to better compete for talent locally and recruit talent from elsewhere.
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