A practicum project prepared by: Jessica Brand, Evan Friscia, Alex Lleras, Anish Patel, Yasmin Robinson, Roshard Williams.
Advised by: Dr. Cliff Zukin, Ph.D.
Excerpts from Executive Summary:
“…This report argues that there are two key questions that offer a clearer statistical answer to the question of Millennial exodus: 1) Are Millennials now leaving New Jersey at a higher rate than young people have in the past? 2) Are Millennials leaving New Jersey at a greater rate than Millennials living in neighboring states?
The data suggest the answer to both these questions is “no.”
This report concludes that the story of New Jersey Millennials is one of stability. Millennials in New Jersey have not deviated substantially in their migratory patterns or their attitudes towards the state of New Jersey when compared to older cohorts during the times they were between 18 and 39 years old. The report outlines three key findings:
- New Jersey Millennial migration patterns do not differ from the general migratory patterns of young people over time and they do not differ from the patterns of other high-tax, high-cost states.
- Millennial perceptions of New Jersey do not differ from how young adults in the past viewed New Jersey, and do not differ from the general population’s view of the state.
- Millennials face the same problems that are commonly ascribed to all New Jersey residents. They are concerned about rising property taxes, transportation infrastructure, 1 4 and the high cost of living in the state, but are at a point in the life cycle that makes these problems more acute.”