DFW Outranks All In Attracting Young Professionals

Dated: 08/01/2019

Views: 30

Image title

Dallas alone grew its millennial population more than any other city in the U.S., a new analysis of Census Bureau data shows.

Personal finance website SmartAsset analyzed net migration rates and found that 10,371 millennials moved to Dallas in 2017, the most recent data available. It defined millennials as those between the ages of 20 and 34.

Many companies, large and small are taking advantage of the low cost of living and the high quality of life here and relocating here. In a recent five-year period Texas received a net gain of 100,000 people from California alone. A steady stream of California businesses are also trading Los Angeles, San Francisco or San Jose for Dallas, Houston and Austin. For example, McKesson Corp., the nation’s largest pharmaceutical distributor, relocate its headquarters from San Francisco to Irving, bringing around 1600 jobs.

Many millennial with children who have lived in California their entire lives are moving out of state, often to find a better and more affordable life. They cash out of their $2,000,000.00 1400 sqft house in San Francisco and buy a 4 bedroom brand new home in Frisco for $361,900.00. Even after paying cash for their new home in Frisco, they will have substantial cash left over. In many cases will have enough left over to buy Mom and Dad a house as well.

So, give us a call at the American Dream Group 972 793-3277 and we'll make your dream come true.

Blog author image

Irina and John Norcross Norcross

Specializing in residential real estate.- Locating the perfect home to meet your criteria.- Negotiating the best price for my buyers and sellers.- Investor Friendly Our Core Values: Absolute H....

Latest Blog Posts



Read More

Median Listing Prices See The Largest July To August Drop Since 2012


Read More

Buying Your First House Heres What Can Go Wrong


Read More

Half Of Young Americans Say College Is Too Expensive And No Longer Necessary

We are entering a new world with the mountain of student debt in our society. I have a client that is 59 years old with a $200,000.00 student loan. The debt is strangling the Millennial, making it

Read More