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Report Ranks Charleston Best Metro for Single Millennials
A new report claims that Charleston is the best U.S. metro for single millennials. According to the report from Porch, a vertical software platform for the home, millennials make up 23.9% of the Charleston metro population, and in total, 40.5% of Charleston millennials are single.
To find the best metropolitan areas for single millennials, researchers at Porch analyzed data from the U.S. Census Bureau and the Bureau of Economic Analysis, creating a composite score based on the following factors:
- Percentage of millennials that are single
- Gender ratio among millennials
- Millennial share of the population
- Employment rate among single millennials (compared to average)
- Median adjusted income for full-time millennials
- Food and entertainment rank
Only the 150 largest metropolitan areas were included in the analysis. Metros were then ranked based on their final composite score.
Here is a summary of the data for the Charleston-North Charleston, SC metro area:
- Composite score: 100.0
- Percentage of millennials that are single: 40.5%
- Gender ratio among millennials: 0.8% more women
- Millennial share of the population: 23.9%
- Employment rate among single millennials (compared to average): +6.3%
- Median adjusted income for full-time millennials: $47,374
- Food and entertainment rank: 27
For reference, here are the statistics for the entire United States:
- Composite score: N/A
- Percentage of millennials that are single: 34.3%
- Gender ratio among millennials: 1.2% more men
- Millennial share of the population: 21.8%
- Employment rate among single millennials: 80.8%
- Median adjusted income for full-time millennials: $44,000
- Food and entertainment rank: N/A
You can see the full report here.