As we approach the end of the 2010s, the biggest cities in the United States are experiencing slower growth. Their population is diminishing also, according to new census estimates. The combination of city growth declines, and higher suburban growth suggests the exodus seen at the beginning of the decade has reversed.
Does this mean young people are abandoning the city?
It seems Americans have been priced out of big cities and are flocking to Frisco, Texas, Nolensville, Tennessee, and Lakewood Ranch, Florida. Not exactly household names but among the fastest-growing destinations in the U.S.
Millennials, the generation now ages 23 to 38, are no longer as rooted as they were after the economic downturn. Actually, many are getting married and heading to the suburbs, just as their parents and grandparents did.