How many Dallas-Fort Worth millennials live alone? Less than you'd think.
Dallas-Fort Worth is a playground for millennials, with great job opportunities and affordable living. But are they getting the independence they crave?
Zillow recently analyzed which 10 metro areas have the largest concentrations of millennials living alone, and DFW isn't one of them.
A little less than 12 percent of local millennials live solo, compared to a surprising 19 percent who live with their parents. Those who live alone have a median salary of $43,000 and can afford about 6 percent of available homes.
The story is different in Austin, which has one of the highest percentages of millennials living alone, 13.4 percent, but it's a stretch. Millennials flying solo in Austin have a median salary of $40,000 and can afford only 1.5 percent of available homes. Compare that to Oklahoma City, where the 13.3 percent of millennials live alone and can afford more than 20 percent of homes.
The highest concentration of independent young people is in Richmond, Virginia (15 percent). Pittsburgh (14.3 percent) and Buffalo, New York (14.2 percent) round out the top three.
Elsewhere in Texas, millennials are less independent than DFW and Austin. In San Antonio 10.7 percent of millennials live alone; in Houston, the figure is 10.6 percent.
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