Not All Millennials Dream Of Big City Life

Minneapolis SkylineAs Millennials come of age and graduate from college, they’re making decisions about where they want to live and put down roots. Watching shows like “Girls,” “I Just Want My Pants Back," “Men At Work,” “2 Broke Girls,” and even “Glee,” one would think that all Millennials are clamoring for their chance to make it in New York City. Putting aside the idea that “making it” is really more about simply surviving in the current economy, we had to wonder if most Millennials really are thinking that life in the big city is for them, so we asked nearly 1500 Millennials about where they see themselves living. The breakdown:

  • 41% want to live in a city, the bigger the better;
  • 40% say smaller cities are more their style;
  • 19% prefer small town life.

While slightly more Millennials want to live in a big city, nearly as many think smaller cities are for them. Small cities have been putting in a lot of work to attract young people. There are burgeoning art scenes, green initiatives (including steps to make small cities more walkable and bikeable), revitalizations of downtown areas… In many ways, smaller cities have many of the same attractions as big cities, without the high cost. But also without the name recognition.

There’s still something about telling high school and college friends that you’re living and working in a big city, but slowly, small cities are owning certain niches of cool — music, bike culture, fashion, and more. From Portland to Minneapolis to Detroit (yes, Detroit), creative and innovative young residents are upping their cities’ cool cache, drawing even more hip 20-somethings to move there and even brag about it. What’s more, Millennials have a better chance to get noticed and make their mark in small cities — both in their jobs and in their social sphere —…

 
 

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Millennial News Feed

Quote of the Day: “I participated in Bikram Yoga, because I found a few YouTube tutorials on it.” –Female, 24, MN

Being featured in the (racy) lyrics of Beyoncé’s hit single “Formation” has caused Red Lobster’s sales to spike 33%. But a wave of frustration hit Twitter after the brand took too long to respond to the song, and failed to live up to expectations. One user advised,“Yo @redlobster, all you have to do is NOT f*** up. Just give the Twitter over to your highest ranking Black person under 33. Trust me.” But after eight hours Red Lobster tweeted an underwhelming: "Cheddar Bey Biscuits" has a nice ring to it,don't you think? #Formation @Beyonce.” The indecent highlights what young consumers expect from brands on social media. (MediaPostBuzzFeed)

The newly funded Stash investment app is hoping to “break down the barriers that prevent nearly three quarters of Millennials from investing.” To appeal to the risk-averse generation, the app allows users to invest as little as $5, and describes investments in easy theme-like terms, like “Clean and Green.” For the founders it’s all about setting up users for the long-term: “By lowering the minimum level of investment, enabling Millennials to invest in broad themes that they care about, and guiding them along the path toward building smart lifelong investment habits, Stash has the potential to empower an entire generation to reach their financial goals.” (Business Wire)

Fit has gone glam for Millennials—and not just in the U.S. Young Chinese women are embracing working out, and shifting traditional beauty ideals. In a 2003 survey, 1,000 working females cited an ideal body to be "an almost-emaciated, willowy physique," but social media and celebrity influence, as well as more awareness to physical health, are making strength the new goal. Women sharing their fitness journeys are becoming major influencers and creating new personal brands, and the fitness industry in China has grown 13% yearly since 2010. (Refinery29)

ESports—multi-player competitive video gaming—is expected to generate $463 million in ticket sales, merchandise, sponsorships, and advertising for 2016, and networks want a piece of the action. But can it translate to TV? TBS is premiering E-League, a 10-week eSports competition series that will stand as a true test on whether the phenomenon can “find the right balance between achieving scale and retaining its core audience of digitally forward young men.” Critics have good reason to be skeptical: ESPN2’s airing of an eSports college competition perplexed viewers, frustrated broadcasters, and scored a 0.1 Nielsen rating. (Adweek

British director Anthony Wilcox’s new action-packed thriller,Shield 5, is captivating audiences—the Instagram audience that is. The series, which currently has 30,000 followers, is being called “social cinema,” and each episode is the length of an Instagram video: just 15-seconds. Wilcox’s love for fast-turnaround projects and very low budget is what ultimately inspired him to choose the platform. There was also the potential to go viral: "If you’ve got the opportunity to show your work to a much, much bigger audience…all around the world, it might be worth trying it." (Fast Company

Quote of the Day: “I share my selfies by making it my profile picture.” —Female, 23, IL

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