Aberdeen ranked in the top 11 cities that Millennials are moving to
Big cities may have a run for their money when it comes to keeping Millennials around. According to the mortgage data firm Ellie Mae, Aberdeen is the second-ranked city in the nation where more Millennials are choosing to live.
Aberdeen has a population around 26,000 and is three hours from major cities like Fargo and Sioux Falls, so what makes this town so appealing to Millennials?
"I like the downtown scene a little bit, especially on Friday and Saturday nights when I'm not working. You know, you have many different places to go to watch football games, basketball, baseball," Hub City Radio Broadcaster David Tukesbrey said.
City officials know there's always plenty of things going on around the area. The arts scene in Aberdeen has exploded in recent years. Some of the bars will have open mic nights and art galleries throughout the community have plenty of artists who are Millennials themselves.
A number of job opportunities can be appealing to that Millennial population.
"The companies are looking for younger people just to come in with new ideas," Aberdeen Area Chamber of Commerce Director of Member Services and Events Bea Fischer said. "The other great thing I think that sets Aberdeen businesses apart from others is their willingness to try new things and that's definitely things that the Millennial age group does challenge a business to do."
City officials also make sure to give young entrepreneurs the tools to succeed in the area. Plenty of Millennials are buying businesses and buildings to invest in the community.
The real estate market is seeing more Millennials buying homes in Aberdeen.
"Forty-six percent of all new purchases for this year have been Millennials so far," Loan Originator Chris Hein said.
"We've seen that they prefer the newer homes or the homes that have been remodeled. You know, they're not typically the homeowners that are going to go in and do the remodeling," Jency Agency Owner and Broker Melanie Bobby said.
Bobby also said that she's seen her Millennial clients come in better educated about the home buying market and knowing what they want.