15 metro areas with fastest growing young population

by Josh Bays, on Aug 26, 2015 10:36:00 AM

As the baby boomer generation enters retirement, companies are noticing a shift in the age of their workforces. Baby Boomers are retiring before companies get millennial workers hired. Establishing a new call center, shared service operation, manufacturing plant, distribution center or corporate headquarters or expanding existing facilities where young workers reside helps close the skills gap between older and younger workers.



Evaluate young workforce before adding capacity

When considering a new location or adding capacity to an existing facility, companies should evaluate the metro area’s workforce demographics. Cities with an aging workforce may not be able to supply the pipeline of young workers that companies need to operate at full capacity. For example, hiring manufacturing workers to replace retiring workers is a particular challenge. While this will continue to be a challenge for many reasons, properly quantifying the millennial workforce is critical to any expansion or new location.


Site Selection Group identifies fastest-growing metro areas for millennials

Analyzing future population growth trends in the site selection process is one way to mitigate the risk of an aging workforce. Statistics to evaluate include overall population growth, growth rate of older and younger age groups, average age, median age, and growth in college enrollments and completions. Site Selection Group evaluated projected worker growth from 2015 to 2020 between the ages of 18 and 34. Riverside, Calif., is projected to be the fastest-growing metro areas for young workers among metro areas with more than 250,000 population. Riverside was followed by Dallas, Houston and Atlanta. The following table summarizes the results of the analysis.


15 Metro Areas with Fastest Growing Young Population

Metro Area2015
Age 18-34
Age 18-34
Riverside-San Bernardino-Ontario, CA 1,097,203 1,157,067 59,864
Dallas-Fort Worth-Arlington, TX 1,640,994 1,694,896 53,902
Houston-The Woodlands-Sugar Land, TX 1,556,047 1,605,911 49,864
Atlanta-Sandy Springs-Roswell, GA 1,305,398 1,352,044 46,646
Phoenix-Mesa-Scottsdale, AZ 1,056,874 1,101,303 44,429
Miami-Fort Lauderdale-West Palm Beach, FL 1,290,947 1,325,270 34,323
San Antonio-New Braunfels, TX 570,187 598,239 28,052
Charlotte-Concord-Gastonia, SC 530,121 556,007 25,886
Detroit-Warren-Dearborn, MI 911,308 933,905 22,597
McAllen-Edinburg-Mission, TX 207,581 226,937 19,356
Orlando-Kissimmee-Sanford, FL 571,746 590,592 18,846
Tampa-St. Petersburg-Clearwater. FL 604,623 620,148 15,525
El Paso, TX 219,539 233,999 14,460
Bridgeport-Stamford-Norwalk, CT 193,609 207,537 13,928
Bakersfield, CA 227,356 238,671 11,315





Blog Posts →


News →


Success Stories →