Gen Z Flee NYC for Philly as Housing Gap Narrows
TL;DR Summary
Redfin’s analysis of the 2024 Census data shows Gen Z is leaving New York City faster than any other US metro, with a net outflow of 29,554 young adults. A notable 9,284 are moving to nearby Philadelphia (about 90 miles away) where the typical home costs roughly $309k versus NYC’s $832k, illustrating a trend of short-distance moves for affordable housing while staying close to networks.
- Gen Zers are fleeing NYC faster than any other US metro — flocking to a city just 90 miles away New York Post
- Young Americans Are Flocking To San Antonio And Leaving New York Forbes
- DC Region Draws Gen Z Renters, Job-Seekers As Millennials Leave Town, Report Finds UrbanTurf
- Millennials, Younger Adults Leaving Expensive Metros, Redfin Says Yahoo Finance
- Gen Z moves to job hubs like San Antonio; mille... Pluang
Reading Insights
Total Reads
1
Unique Readers
3
Time Saved
4 min
vs 5 min read
Condensed
92%
813 → 65 words
Want the full story? Read the original article
Read on New York Post