Publication considers commuting, millennial population, median rent and other factors to establish ranking.
BY JACOB PALMER | DIGITAL NEWS EDITOR
Forbes says Portland is the 18th-best city in the country for millennials.
Its methodology:
To create this ranking of the best cities for millennials, Niche.com, which tracks Millennial behaviors and decision-making, evaluated 232 cities for which a sufficient amount of data, taken largely from the U.S. Census, was available. The final 100 cities were identified by considering factors of concern to Millennials such as ease of commuting, the percentage of residents age 25 to 34, the percentage of Millennials that moved to the city in the past year, crime, median rent, ethnic diversity, and unemployment. The ranking also values quality of life considerations, such as proximity to bars, coffee shops, and restaurants.
(SOURCE: Forbes)
Here’s how Portland performed in those categories:
- Percent of Population Age 25 – 34: 19.6%
- Millennial Newcomers: 2.8%
- Unemployment Rate: 6.7%
- Median Rent: $915
Portland finished closely behind college towns like Austin, Madison and Ann Arbor, Mich. Seattle was No. 6 on the list.
The best city for millennials? Cambridge, Mass.
