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    Millennial Mecca

    Texas' millennial population is growing like crazy, says new report

    Nicole Raney
    Nov 25, 2016 | 2:15 pm
    Downtown Dallas at night
    Millennials are flocking to Texas.
    Photo courtesy of Airbnb

    Everyone wants to be a Texan these days, especially millennials. According to a new report from Apartment List, millennial populations in some Texas metros are growing faster than almost anywhere in America.

    The real estate website based its findings on U.S. Census data on millennials, adults ages 18-34, from 2005-2015. Houston's population grew by 17.4 percent, while Austin's grew by 16.4 percent, the second and third highest gains among the 50 largest metros in the country.

    Only Charlotte, North Carolina, with a whopping 30.7 percent growth, gained more young adults. Dallas-Fort Worth and San Antonio grew their millennial populations by 6.7 and 5.8 percent, respectively.

    Apartment List found that a surge in millennials corresponded with an increase in median income, as "good jobs and strong wage growth remain a key deciding factor for millennials across the country." In Austin, the median income increased by 9.7 percent. A similar trend was seen across Texas' largest metros; Houston (8.4 percent), San Antonio (4.9 percent), and DFW (2.1 percent) all saw income growth.

    But as the median income went up, the homeownership rate among millennials went down. Drops in San Antonio (9.2 percent), DFW (7.6 percent), Austin (6.5 percent), and Houston (5.6 percent) were on par with the national decline of 7 percent. Apartment List found that in Dallas millennials need to save for six years to afford a home.

    Despite these struggles, the Lone Star State boasts hot spots for young Americans. "San Francisco, Seattle, and Denver tend to dominate discussions about where millennials are moving to," says the report. "Further examination, however, reveals that there are other metros that are attractive as well, especially in Texas."

    rankingsreportsyoung-professionals
    news/city-life

    Mavericks news

    Mavericks abandon downtown Dallas and head to old Valley View mall

    CultureMap Staff
    Jun 1, 2026 | 4:24 pm
    Cooper Flagg, Dallas Mavericks
    Getty Images
    Cooper Flagg plays with the Dallas Mavericks during a 2025 NBA Summer League game.

    The Dallas Mavericks are leaving the American Airlines Center behind, abandoning the idea of moving to City Hall or another location downtown, and are heading north to build an arena complex on the site of the old Valley View mall.

    In a statement released June 1, the Mavericks basketball organization said:

    After seriously studying and considering several options, while working closely with the City of Dallas to identify possible locations for a new Dallas Mavericks arena and entertainment district, the Mavericks organization has entered into option agreements for the potential purchase of approximately 104 acres at the former Valley View Mall site.

    We have appreciated the enthusiasm from the Dallas City Manager, elected officials and the broader community to keep the team in Dallas. We look forward to continuing the collaboration toward that goal.

    The Valley View site meets most of the criteria established at the outset of our evaluation process. It is our goal to stay in the City of Dallas, and we believe this site provides the strongest opportunity to achieve that goal.

    We have the opportunity to create a vibrant mixed-use destination anchored by a state-of-the-art arena, along with restaurants, entertainment options, public green spaces and family-friendly experiences. Done thoughtfully and with community engagement, a project of this scale will serve as a meaningful economic catalyst for Dallas and its residents.

    We believe in Dallas, and our priority has been clear from the beginning: keeping the Dallas Mavericks in Dallas.

    A new arena reportedly wouldn't open until the 2031-32 season, after their lease at the AAC expires.

    dallas mavericks
    news/city-life

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