KCRag Forum

earthling wrote: ↑Fri Apr 26, 2019 8:47 am KC's higher and growing Millennial income correlates to KC ranking high for growth in Millennial downtown dwellers, several posts back.

It’s easy to get an extremely high growth rate when you start with zero.

True, but downtown isn't cheap and the point is that KC Millenneals are mostly the ones moving there moreso than other generations, which the income report supports. KC's Millennial median income of recent movers is highest in Midwest, and higher than Denver and Austin. Seems to suggest that KC doesn't attract say, service industry movers as much as 'hotter' markets than KC.

https://www.nar.realtor/sites/default/f ... 5-2019.pdf

earthling wrote: ↑Fri Apr 26, 2019 9:09 am True, but downtown isn't cheap and the point is that KC Millenneals are mostly the ones moving there moreso than other generations, which the income report supports. KC's Millennial median income of recent movers is highest in Midwest, and higher than Denver and Austin. Seems to suggest that KC doesn't attract say, service industry movers as much as 'hotter' markets than KC.

https://www.nar.realtor/sites/default/f ... 5-2019.pdf

Service industry and the rather low paying marijuana industry like Denver has - probably mostly filled by millennials.

Highlander wrote: ↑Fri Apr 26, 2019 11:58 am

earthling wrote: ↑Fri Apr 26, 2019 9:09 am True, but downtown isn't cheap and the point is that KC Millenneals are mostly the ones moving there moreso than other generations, which the income report supports. KC's Millennial median income of recent movers is highest in Midwest, and higher than Denver and Austin. Seems to suggest that KC doesn't attract say, service industry movers as much as 'hotter' markets than KC.

https://www.nar.realtor/sites/default/f ... 5-2019.pdf

Service industry and the rather low paying marijuana industry like Denver has - probably mostly filled by millennials.

The youngest millennials are 23 this year, the oldest are turning 38, could have kids who are at least age 20 and could have kids of their own. Your generation assessment is likely off by 15 years.

i know you guys don't really like to talk about this stuff why/how is kansas city leading the state for 2019 murder count? some kind of narco-war?

warwickland wrote: ↑Fri May 03, 2019 12:26 pm i know you guys don't really like to talk about this stuff why/how is kansas city leading the state for 2019 murder count? some kind of narco-war?

Once the weather gets warmer I expect STL to surpass KC. Chicago murders are down this year as well cause of the cold winter

It only took a weekend for St Louis to catch back up
https://www.stltoday.com/news/local/cri ... e-trending

Per some life insurance company, KC has the third highest millennial marriage rate of all large metropolitan areas in the U.S. I actually though the median household income for married millennial differences were more interesting than a few Basis point differences in marriage rates between the cities.


https://www.thepitchkc.com/news/article ... rge-cities

Wonder what the breakdown is between state lines, i would think the Kansas Side is way higher

Missouri is fun but not Kansas, new study says

A recent study ranks Missouri and Kansas polar opposites in its ranking 2019's most fun states to visit.
...
Missouri, who ranked 12th in the nation, was rated to have the 13th best entertainment and recreation and the 15th best night life.

Meanwhile, Kansas was far less impressive.

Kansas ranked in the bottom at 41st.

https://www.kctv5.com/news/missouri-fun ... 40b02.html

https://wallethub.com/edu/most-fun-states/34665/

2019 US Cities Scorecard For Millennials

https://thelangstonco.com/cities-scorecard

Why wouldnt KC be on this list. Sunbelt cities dominate the list. Houston is #1 overall.

brewcrew1000 wrote: ↑Thu Jul 04, 2019 2:21 pm 2019 US Cities Scorecard For Millennials

https://thelangstonco.com/cities-scorecard

Why wouldnt KC be on this list. Sunbelt cities dominate the list. Houston is #1 overall.

Texas cities did well due to low cost of living and low income tax (no income tax in their case - but they make up for it with property taxes). Houston also scored high on diversity. If those are the only criteria you look for when deciding on a place to live, I guess Houston may be for you. Houston and most of the sunbelt have a lot of downsides but I don't really think these surveys capture the downsides of very well.

brewcrew1000 wrote: ↑Thu Jul 04, 2019 2:21 pm 2019 US Cities Scorecard For Millennials

https://thelangstonco.com/cities-scorecard

Why wouldnt KC be on this list. Sunbelt cities dominate the list. Houston is #1 overall.

I have family in Houston. They moved out of the city to the northern suburbs after the hurricane flooding (they didn't flood). They said something about the school ranking dropped dramatically afterwards. Apparently the flooding is causing population shifts as people with means leave the area and schools are sensitive to who lives in the area.

Looking briefly at that Langston Co. link, it appears they may have arbitrarily selected the list of cities, and then ranked that list based on the factors provided?

RE: the sunbelt, the answer for millennial appeal is easy - jobs, and lots of them in a diverse array of industries. Additionally, the larger cities (Dallas, Houston, Atlanta, etc.) are generally less parochial then the older midwestern cities of similar size, no doubt partially because of the number of folks moving there for economic reasons.

No surprise DFW/ATL/MSP/HOU top the list given they are among hottest job markets *and* relatively low cost metros.

A notable characteristic of growing tech talent markets is the presence and growth of
twentysomethings in the workforce. Generally, this well-educated cohort prefers city living. This
has revitalized many downtown neighborhoods, which is especially prevalent in the rejuvenation of
Downtown Kansas City. The growth of twentysomethings in the greater downtown area was the
third highest in the U.S. over the previous five years.

Easy to jump when low to start with but still notable.



http://cbre.vo.llnwd.net/grgservices/se ... 4e8bd79490

shit, STL going NEGATIVE? how is that possible, esp. with the cortex corridor? or is that not considered downtown?

and what is the y-axis? Percent change or net change (in thousands)?
We are at ~12.5 or 13 on the chart whatever that means

chrizow wrote: ↑Tue Sep 03, 2019 9:50 am shit, STL going NEGATIVE? how is that possible, esp. with the cortex corridor? or is that not considered downtown?

Cortex not considered downtown and they may be choosing CWE area. But even so STL is not doing well with brain gain. They are generating more tech degrees than KC but losing them.

Critical_Mass wrote: ↑Tue Sep 03, 2019 10:28 am and what is the y-axis? Percent change or net change (in thousands)?
We are at ~12.5 or 13 on the chart whatever that means

It's in %, which is easy to jump when small to start with, but still notable.



I think you need an account with CBRE in order to open...
http://cbre.vo.llnwd.net/grgservices/se ... Talent.pdf