Millennials are flooding into these 25 US cities to find good jobs and earn more money

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millennial womanRich Fury/Getty Images

New York City may no longer reign supreme when it comes to the top cities millennials are settling in, but it's still a boomtown for the generation.

Other big metro areas like San Francisco and Washington, DC, are also millennial hotspots, but so too are more up-and-coming cities like Raleigh, North Carolina, and Louisville, Kentucky, both of which are more popular than DC and New York.

That's according to a report by MagnifyMoney, which ranked the biggest boomtowns in America for millennials.

Using data from the US Census, MagnifyMoney looked at growth in the 50 largest metropolitan areas between 2011 and 2016 for four metrics: population, labor force, employment, and median wages. The first three metrics were analyzed based on people aged 20-29, while the fourth was based on those born between 1981 and 1991. By limiting the study to this subset of millennials, who were approximately between the ages of 20 and 30 in 2011, this avoids the inclusion of working statistics of high schoolers.

Each category was scored relative to other metros, looking at positive and negative changes in the area. The biggest positive change scored a 100, with the exception of unemployment rate, which was reversed. To calculate the final score, the metric scores were added up and divided by four.

See below for the 25 biggest millennial boomtowns that have seen higher wages, a decrease in unemployment, and a growing millennial population.

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25. Salt Lake City, Utah

25. Salt Lake City, Utah

Increase in millennial population: 6.5%

Increase in median wages: 15.4%

Decrease in unemployment rate: -42.8%

24. Memphis, Tennessee

24. Memphis, Tennessee

Increase in millennial population: -0.7%

Increase in median wages: 30.2%

Decrease in unemployment rate: -40.6%

23. New York City, New York

23. New York City, New York

Increase in millennial population: 6.2%

Increase in median wages: 13.6%

Decrease in unemployment rate: -35.8%

22. Houston, Texas

22. Houston, Texas

Increase in millennial population: 12.2%

Increase in median wages: 3.1%

Decrease in unemployment rate: -33.5%

21. Detroit, Michigan

21. Detroit, Michigan

Increase in millennial population: -2.2%

Increase in median wages: 30.2%

Decrease in unemployment rate: -42.9%

20. Indianapolis, Indiana

20. Indianapolis, Indiana

Increase in millennial population: 6.8%

Increase in median wages: -37.1%

Decrease in unemployment rate: 16%

19. Kansas City, Missouri

19. Kansas City, Missouri

Increase in millennial population: 5.3%

Increase in median wages: -41%

Decrease in unemployment rate: 17.3%

18. Washington, DC

18. Washington, DC

Increase in millennial population: 11.8%

Increase in median wages: -1.0%

Decrease in unemployment rate: -38%

17. Columbus, Ohio

17. Columbus, Ohio

Increase in millennial population: 6.4%

Increase in median wages: 10.4%

Decrease in unemployment rate: -45.7%

16. Boston, Massachusetts

16. Boston, Massachusetts

Increase in millennial population: 6.6%

Increase in median wages: 16.4%

Decrease in unemployment rate: -41%

15. Minneapolis, Minnesota

15. Minneapolis, Minnesota

Increase in millennial population: 5.1%

Increase in median wages: -44.4%

Decrease in unemployment rate: 16%

14. Louisville, Kentucky

14. Louisville, Kentucky

Increase in millennial population: 4.9%

Increase in median wages: 25.9%

Decrease in unemployment rate: -40.5%

13. Atlanta, Georgia

13. Atlanta, Georgia

Increase in millennial population: 7.2%

Increase in median wages: 21.4%

Decrease in unemployment rate: -39.7%

12. Charlotte, North Carolina

12. Charlotte, North Carolina

Increase in millennial population: 9.9%

Increase in median wages: 14.5%

Decrease in unemployment rate: -38.3%

11. New Orleans, Louisiana

11. New Orleans, Louisiana

Increase in millennial population: 9.3%

Increase in median wages: 27.2%

Decrease in unemployment rate: -28.1%

10. Dallas, Texas

10. Dallas, Texas

Increase in millennial population: 9.4%

Increase in median wages: 14.8%

Decrease in unemployment rate: -42.3%

9. Oklahoma City, Oklahoma

9. Oklahoma City, Oklahoma

Increase in millennial population: 8.2%

Increase in median wages: 33.6%

Decrease in unemployment rate: -40.3%

8. Seattle, Washington

8. Seattle, Washington

Increase in millennial population: 14.4%

Increase in median wages: 15.4%

Decrease in unemployment rate: -40.6%

7. Portland, Oregon

7. Portland, Oregon

Increase in millennial population: 11.3%

Increase in median wages: 28.3%

Decrease in unemployment rate: -40.3%

6. Raleigh, North Carolina

6. Raleigh, North Carolina

Increase in millennial population: 12.7%

Increase in median wages: 22.7%

Decrease in unemployment rate: -39%

5. San Jose, California

5. San Jose, California

Increase in millennial population: 13.3%

Increase in median wages: 25.9%

Decrease in unemployment rate: -37.2%

4. Nashville, Tennessee

4. Nashville, Tennessee

Increase in millennial population: 11.4%

Increase in median wages: 30.4%

Decrease in unemployment rate: -48.1%

3. Austin, Texas

3. Austin, Texas

Increase in millennial population: 17.5%

Increase in median wages: 21.7%

Decrease in unemployment rate: -45.1%

2. Denver, Colorado

2. Denver, Colorado

Increase in millennial population: 18.7%

Increase in median wages: 13.1%

Decrease in unemployment rate: -46.3%

1. San Francisco, California

1. San Francisco, California

Increase in millennial population: 16.2%

Increase in median wages: 32.4%

Decrease in unemployment rate: -40.3%

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