As such, British Columbia is the place to be in Canada: The best spots for sun-loving Millennials are Victoria, Nanaimo, Vancouver and North Vancouver. On the other hand, for those who prefer the colder climate, Alberta has all the best spots: St.
Where do Millennials live in Ontario?
With all that considered, Toronto landed itself in 12th place as the best city for millennials, just one spot ahead of Vancouver. Other Ontario cities found themselves even higher on the list, with Ottawa snagging second place and Kingston taking third. Waterloo also ranked in the top 10.
How many Millenials live in Toronto?
City Place 68.8% of people (age 20+) in this area are Millennials (age 20-34), 65.3% are single (there are also some couples living together in the area), 99% living in high rises and the average income is $67,193.
Are Millennials leaving Toronto?
Millennials Are Fleeing Toronto, Canadas National Stats Agency Confirms. Torontos millennials, and their kids, are moving to other parts of the province. Statistics Canada (Stat Can) data shows Toronto printed another net loss for intraprovincial migration in 2020.
How much do Millennials make in Canada?
According to millennial income statistics for 2016, Canadian millennials have a 32% higher median post-tax income than baby boomers and Gen X-ers. This percentage in 2016 equalled a median post-tax income of $44,093.
Where should I move to from Toronto?
5 Cities Outside Toronto You Should Move To NextOakville. This city may still be a part of the Greater Toronto Area, but it is a completely different life than living in Toronto. Guelph. Burlington. St.22 Jan 2021
Are people really leaving Toronto?
The platforms first-ever Workforce Report for Canada, which analyzed internal migration trends nationwide, shows that huge numbers of people have moved away from in and around Toronto as well as Montreal, with population drops of 12.2 and 22 per cent, respectively, since April 2020.
What city are millennials moving to?
Using the most recent data available from the Census Bureaus 2019 1-year American Community Survey, financial planning website SmartAsset, found millennials aged 25 to 39 were already migrating from major cities like New York City and Chicago and moving to states like Texas, Colorado, Washington and Arizona.
Are Millennials the majority in Canada?
The sheer size of the millennial cohort—at 9.8 million, it accounts for the largest share of Canadas population—ensures it will dominate Canadas future, just as the baby boom generation did the past three decades.