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October 2022

Here’s Why Millennials are Moving to Arizona

Millennials, those who are born born between the early 1980s and the late 1990's, are moving to Phoenix for many reasons. Find out more by reading this blog.

Why settle when you can have it all? Great work opportunities, beautiful homes, incredible restaurants, and bustling communities – there is no better place than Phoenix, Arizona. 

According to a Meyers Research Report released in March 2019, Phoenix ranked fourth as the most desirable metropolitan city for the millennial demographic. Nearly 60% of participants responded that they considered moving out of their current city to a metropolitan area, with the driving factors being job opportunities, lifestyle, and overall affordability. 

Phoenix boasts all three of these driving factors and proves to be a prime city for relocation – for both millennials and families alike. In coastal urban cities, examples being San Francisco and Seattle, millennials are grappling with the fact that the extremely high costs of living are starting to outweigh the benefits. To keep up with the rising interest rates and home prices, millennials are now looking for a new area to explore and call their own. 

Over the last couple of years, there have been numerous large companies that have moved and expanded to the Grand Canyon State, taking advantage of the growing talent pool available. Large companies, such as Doordash, Viavi Solutions, LiveRamp, Moov Technologies, Align Technology, and more have moved and expanded to Arizona, creating many job opportunities and employment expansion in the sunny state.

Phoenix, Arizona has come a long way. This city has evolved into a desert oasis with a booming economy and thriving communities for young individuals and couples to start a new chapter of their life. According to AZ Big Media, the population of Phoenix has skyrocketed by a whopping 6.3% in just three years, with 24% of this growth accounting for the millennial generation. 

If you are a millennial looking to start fresh in Arizona, reach out to our team for more information. It’s time for your next adventure!


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