Riverside & 32204 a hot zipcode for millennials

Started by Bill Hoff, September 17, 2018, 09:30:43 PM

Bill Hoff

6th in the nation, specifically, according to Rentcafe:

https://www.rentcafe.com/blog/apartmentliving/lifestyle-apartmentliving/u-s-zip-codes-that-are-millennial-strongholds/

1. 90014-Downtown Los Angeles

2. 90013-Downtown Los Angeles/Skid Row

3. 10282- Battery Park City, Manhattan

4. 97232-Kerns/ Laurelhurst, Portland

5. 10069-Lincoln Square, Manhattan

6. 32204-Riverside, Jacksonville, Florida

7. 90048-Mid-Wilshire, Los Angeles

8. 19125-Kensington, Philadelphia

9. 94114-Castro, San Francisco

10. 20024-Southwest Waterfront, Washington D.C.

JaxAvondale



Bill Hoff

Sanmarcomatt,

The original article misreported it, it's 32204.

Pretty dang fantastic.

JaxJersey-licious

I was really curious how Riverside showed up on a list like this and after reading the accompanying article I have the same questions on methodology and bias in the formation of this list. There is no doubt that Riverside has seen a significant surge in millennial residents and the increase in activity with that, but how is it more significant than hundreds of other recently reinvigorated millennial-friendly zips across the country other than Riverside was kind of late to the game?

Take Harrison, New Jersey for example; over the last decade its seen a head-spinning boom of new residential mid-rises spring up among old abandoned factories and warehouses teeming with millennials desiring a more vibrant and relatively more affordable place to live that's an easy commute to the job centers of Manhattan, Jersey City, and Newark. But because the zip code encompasses the rest of the more established working-class part of town those significant gains in millennial residents do not register as convincingly. And more to the article's point, since it's not within an established big city like a New York, L.A., Portland, even Jacksonville I'm pretty sure it wasn't even considered.

The point the article seems to drive home is the importance of the millennial driven revitalization of these once abandoned parts of cities and promote them. The fact that this article gets instantly picked up by major Jacksonville media outlets confirms it for me. But any way places like Riverside can get well-deserved national love I'm all for it.

And hopefully Springfield could soon be a significant part of this same discussion, fingers crossed.

Tacachale

^The list with 32204 is of zipcodes with the "Highest Increase in Millennial Share," not total share or total number. To me the interesting thing is how quickly the area has changed in just 5 years to be listed. Of course the definition they're using for Millennials - people born 1977-1996, is pretty broad. A lot of people born in the late 70s and even early 80s don't consider themselves Millennials.
Do you believe that when the blue jay or another bird sings and the body is trembling, that is a signal that people are coming or something important is about to happen?

JaxJersey-licious

Quote from: Tacachale on September 18, 2018, 03:28:40 PM
^The list with 32204 is of zipcodes with the "Highest Increase in Millennial Share," not total share or total number. To me the interesting thing is how quickly the area has changed in just 5 years to be listed. Of course the definition they're using for Millennials - people born 1977-1996, is pretty broad. A lot of people born in the late 70s and even early 80s don't consider themselves Millennials.

There is no doubt of the amount and impact of new millennial residents to Riverside, I just don't see how that zip code or any others on that particular list stand out to all the other zip codes experiencing this very same trend. Plus I have personally seen the changes in that part of Harrison that had virtually nobody living there and only used by suburban Essex County residents as a place to park their cars cheaply while they head into New York to now being home to thousands of residential units and still growing. The fact that more and more young adults are seeking to live closer to traditional work centers and that this trend is not just limited to the traditional established larger urban centers is another nugget I gleaned from this article and its accompanying lists.