10 Cities Where Jobs, Pay and Housing Are Aligning for Millennials.

An analysis from Trust & Will identifies ten U.S. metropolitan areas where job growth, wages and housing supply have moved more closely into balance, which can give millennials greater flexibility when weighing career and housing choices.

An analysis from Trust & Will highlights ten U.S. metropolitan areas where jobs, pay and housing have moved into closer alignment for millennials. These markets are not necessarily inexpensive, but they can reduce some of the tradeoffs people face when choosing work and housing. The study compares employment growth among younger workers, income trends, housing prices and building activity to identify where multiple indicators point in the same direction. Observers note that such alignment is uncommon, which is why the named metros drew attention. Key findings: - The analysis combines measures of employment growth among younger workers, wage trends, housing prices and levels of new construction. - Some metros show strong employment and broader economic momentum across multiple indicators, while others show partial alignment between pay and housing supply. - Most of the metropolitan areas highlighted are midsized or fast-growing cities rather than long-established large metros. - A majority of the listed cities are in the Sun Belt region; the report says this reflects where indicators align, not necessarily a single migration pattern. - Cities that experienced more housing construction were generally better positioned to absorb population growth without immediate runaway price pressure. Summary: The Trust & Will analysis suggests that in a subset of midsized and fast-growing metropolitan areas, job growth, rising pay and increased housing supply have begun to move more closely in step, which can lessen affordability tradeoffs for some millennials. The report also notes that these markets are not uniformly inexpensive and that timing and personal circumstances remain relevant. Undetermined at this time.