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Business

September 26, 2014
 

Money Magazine deems Clarksville among “Ten Best Cities” for millennials

Money Magazine has named Clarksville as one of its top ten cities for computer-age millennials. Clarksville placed sixth in the rankings; Nashville placed tenth.

The term “millennial” refers to those born in the time period from 1976 to 2001, tech-savvy young people who make up over 30 percent of the local population.

Millennials are apparently drawn to both Austin Peay State University and Fort Campbell, and appreciate the low cost of living, low unemployment and the expanding and increasingly technical industrial base that Clarksville offers.

The ranking is not surprising to some, but has others shaking their heads.

The city and the local Economic Development Commission have been working hard to create a thriving industrial base in Clarksville, which should lead to a better quality of life. Low housing costs are a definite plus. The median price of a home in Clarksville is $163,000. Rents run approximately $660 for a two bedroom apartment. It’s a huge incentive for companies looking to entice workers.

Many locals were not surprised to see Nashville on this list, but were surprised to find Clarksville ranking four places higher. Money Magazine notes that the state’s fifth largest city benefits from the strong Nashville business climate.



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