Nashville among 10 best cities for young adults and professionals. See where Music City ranks
Nashville continues to be a hotspot for homebuyers, especially young adults and professionals between the ages of 20 and 34. According to data from the Nashville Area Chamber of Commerce, the aforementioned age group is 22.2% of the Nashville area population.
Mortgage company, Homebuyer, analyzed various different cities across the United States and were able to determine which cities make the most sense to younger homebuyers. Homebuyer took into consideration things like an abundance of high-paying, entry-level jobs, affordability and walkability among others.
Nashville ranked as the third best city for young adults and was ranked as the second best city to move to in the South.
In 2023, Nashville's population grew by 86 people a day. According to recent population estimates from the United States Census Bureau, the Nashville Metropolitan Statistical Area, which includes Davidson, Murfreesboro and Franklin, added a total of 31,554 to its population through natural population changes as well as more people coming from other parts of the country.
Check out what other U.S. cities are attracting young professionals.
More: Greater Nashville area grew by 86 people a day in 2023, Chamber of Commerce says
The best U.S. cities for young adults, according to Homebuyer
Durham, N.C.
Pittsburgh, Pa.
Nashville, Tenn.
Des Moines, Iowa
Charlotte, N.C.
Syracuse, N.Y.
Columbus, Ohio
Austin, Texas
Greenville, S.C.
Houston, Texas
Albany, N.Y.
Dallas, Texas
Indianapolis, Ind.
To view the entire list, visit homebuyer.com.
Methodology
Homebuyer indentified six categories to consider when purchasing a home, and assigned a relative weighting to each.
The categories included: How far does a paycheck get you in the city (50%), the after-work and weekend scene in the city (10%), what public transportation is like (10%), how many other young people live there (15%), how many entry level jobs are available in the city (7.5%), and how much time is spent commuting in the city (7.5%).
Homebuyer then used both government and private sources, and recorded local data for over 3,500 cities. Homebuyer then narrowed the data set down to the 100 most populous cities for people aged 20-34 where entry-level jobs are ample.
Diana Leyva covers trending news and service for The Tennessean. Contact her at Dleyva@gannett.com or follow her on X, the platform formerly known as Twitter at @_leyvadiana
This article originally appeared on Nashville Tennessean: Best cities for young adults in the U.S.? See where Nashville ranks
