The Florida City With The Most Homeowners Under 25

Typically, when you think of Florida, you think of older retired generations. While it may be true that there are a lot of retirees throughout the state, younger generations are staking their claim on the Sunshine State. We’re talking about the Florida city with the most homeowners under 25.

The American Dream looked something like this. Find a job, find a partner, and start a life. Recently, MoneyGeek.com released a new report showing homeownership trends are changing, and it may not be for the better.

RELATED: 2 Florida Cities Make Top 5 List For Best College Towns in 2024

According to a study done by the Berkeley Institute for Young Americans, “individuals under 44 are purchasing homes at a slower rate than those over 60 did at their age. They're also selecting different locations to settle down.”

MoneyGeek analyzed data from the U.S. Census Bureau to create this report. They found that the majority of all different age groups prefer cities located in the South and/or the Western United States.

Florida is an attractive choice for many young people. As another year of graduates hits the job market, they'll be looking to plant some roots with new opportunities.

MoneyGeek looked at city with the most homeowners under 25, cities with the most homeowners age 25-44, cities with the most homeowners age 45-64, and cities with the most homeowners age 65+. And, no doubt, Florida topped the list in multiple categories.

According to the U.S. Census Bureau, homeowners under 25 only make up 4% of total homeowners. The age for first-time homeowners might be rising, but not in Gainesville, Florida. 

Gainesville has 27% of homeowners under the age of 25. This makes Gainesville the #1 city with the most homeowners under 25 in Florida and makes it the #5 in the entire U.S. for the city with the most homeowners under 25.

Well for starters, Gainesville is a huge college town. USA Today also recently ranked Gainesville as being one of the best cities to move to in Florida. Their low unemployment rate, great schools for continued education, and central proximity make it the perfect blend for those looking to travel the state.

The typical home value comes in at $288,002 which keeps it under the typical $300,000 mark around most cities in Florida like Tampa. USA Today says, “Gainesville has the second lowest expected annual property losses from weather damage in this hurricane-prone state.”

To view the full report, click here.

Looking to move out of Florida? If the answer is yes, some states will pay you to move there. I love it here in St. Petersburg, so I will not be moving anytime soon. I often hear people complaining about the cost of living and saying that Florida has become overcrowded. If you are one of those people and want to get paid to move, you have come to the right article.

According to the Bureau of Economic Analysis, the average cost of living per year in the Sunshine State is $50, 689 per person. That comes out to about $4,224 per person each Month. Do you agree with this assessment? Is it more or less for you each month/year? Feel free to email me Babs@wild941.com.

I'm a single woman with no kids, but my rent has increased. My car is paid off and I really need a new one, but have you seen the price of cars lately? People are paying anywhere from $600 a month for car notes for cars that are not even luxury. I think I will hold off until the prices go down. Everything around us has seemed to go up except our paychecks right? lol

If you were to move out of Florida, what state would you move to? I always said I would either move back to Michigan or move to Georgia with my mom. I have no intention of doing so, but If it came down to it those are the states I would move to. Sadly, those are not the states that will pay you to come there.

There Are however 6 states that will pay you to move there. If money is a motive for you, check out the list below. Will be sad to see you leave Florida, but hey, you have to do what you have to do.

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If you move to Topeka Kansas, you receive $15k! If you move there this fund can work for both remote and on-site jobs in Shawnee County.

West Virginia has a program called Ascend West Virginia, and they will provide you with $12K in payments, access to free outdoor recreation and free coworking space.

Alaska has a incentive program called Permanent Fund Dividend. Citizens can qualify for up to $16K for just living in the state. To receive the grant you just have to remain in the state for an entire calendar year! 

You can receive up to $10K if you move to Alabama and work from the Shoals. This is called the remote shoals program and you reap the benefits in Northwest Alabama.

If you move to Tulsa, Oklahoma you are eligible for $10K in grants. This is offered to remote workers or entrepreneurs. The program is called the Tulsa Remote Plan. 

If you move to the Rochester region, you could receive up to $19k in grants if you are a remote worker. They also have homebuyers incentives and more. The program is called Greater Roc Remote.