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07/15/2026
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Hybrid | Greater Boston Chamber of Commerce
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When Massachusetts was named the best state in the country by U.S. News and World Report earlier this year, it was just the latest feather in the cap for a state that’s been a continuing economic powerhouse.
But there’s a downside: Millennials, who have been flocking to Greater Boston in droves, are facing a region with a dearth of affordable housing and lagging economic opportunity, according to a new survey conducted by the the Boston Foundation’s Boston Indicators project, with the Boston Chamber of Commerce. Approximately 1,600 millennials based in Greater Boston took part in the survey.
Millennials, defined as those between the ages of 18 and 37, were quick to point out many of the region’s assets, including its stellar cultural offerings and the increasing diversity of Greater Boston’s people, the report noted. But the region faces steep housing costs and a local economy that does not provide equal opportunity for every racial and ethnic group.
With a full 34 percent of its population between the ages of 20 and 34, Boston has the highest concentration of millennials among the 25 largest U.S. cities, the Chamber report said.
Considering their relative prominence, the report noted, Greater Boston’s future depends in no small part on ensuring that millennials have the opportunity to reach their full potential while contributing to our communities and economy over the long term.
Here are five takeaways from the report:
Read this article online at BizJournals.com
City of Millennials Report
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Katie Hauser
Vice President, Marketing & Communications
[email protected]617-557-7354
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