What Do Millennials Want?

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What Do Millennials Want? AN INSIDE LOOK @ OUR DESIRES & GOALS Gabriella Arismendi FDOT TransPlex Conference August 24, 2015

Transcript of What Do Millennials Want?

What Do Millennials

Want?AN INSIDE LOOK @ OUR DESIRES & GOALS

Gabriella ArismendiFDOT TransPlex ConferenceAugust 24, 2015

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33 Years Old

“Borderline” Millennial

Two Advanced DegreesOne Advanced Certification

ABOUT ME

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THE GENERATIONS DEFINEDGenerations age in 2015

Silents

Born 1930 - 1945

Boomers

Born 1946 - 1964

Generation X

Born 1965 - 1980

Millennials

Born 1981 - 1997

Ages 50 - 35

Ages 69 - 51

Ages 85 - 70

Ages 34 - 18

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Millennials75.3 M.

POPULATIONIn 2015

Gen Xers65.5 M.

Boomers74.9 M.Silents28.2 M.

Source: The Pew Charitable Trust

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WORK FORCEMillennials are the LARGEST generation in the labor force

1995 2000 2005 2010 2013 2015 Q10

10

20

30

40

50

60

70

MillennialsGen XBoomersSilents

53.5 M52.7 M

3.7 M

Source: The Pew Charitable Trust

44.6 M

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RACE / ETHNICITYMillennials are more DIVERSED than any other generation (2014)

43%

Source: The Pew Charitable Trust

Millennials

Gen X

Boomers

Silents

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

57%

61%

72%

78%

21%

18%

10%

8%

13%

12%

11%

8%

6%

7%

5%

4%

3%

2%

2%

1%

Caucasian HispanicBlackAsianOther

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EDUCATIONMillennials are in track to be the most EDUCATED generation (2014)

Millennials

Gen X

Boomers

Silents

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

37%

29%

29%

24%

27%

37%

30%

20%

Less Than 9th GradeHS IncompleteHS DiplomaSome CollegeBachelors +

Source: The Pew Charitable Trust

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MARITAL STATUSMillennials have different views on MARRIAGE (2014)

Millennials

Gen X

Boomers

Silents

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

26%

36%

48%

65%

Source: The Pew Charitable Trust

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HousingWe don’t mind having a

car, but we want TRANSPORTATION

OPTIONS. We support the maintenance of roads, but expanding public transit

and alternatives to driving should be above building

new roads

MobilityWe want to work for a

company that gives us a SENSE OF PURPOSE and

the ability to INNOVATE. We are an innovation-drive

generation and we want the flexibility to work from

anywhere and feel like we are making a difference.

Work

OUR LIFESTYLEOur preferences are changing the housing, transportation, & job market

There is no “one size fits all” but most of us are looking for WALKABLE COMMUNITIES. We prefer houses with small

yards but that are within walking distance of shops &

restaurants, rather than large homes with big yard that are

driving distance

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OPTIONS

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Work / Life BalanceWe value autonomy, purpose, meaning and the opportunity to make a difference. If we are going to work for 40+ hours per week, then we better love what we do.

QUALITY OF WHAT?

Technology Drives UsI want to know where my bus is, pay for my fare, request a service, make a reservation, etc... All from my phone....or watch

Social Issues & EnvironmentWe are more supportive of stricter environmental laws, more likely to attribute global warming to human activity, and more likely to favor environmentally friendly policies.

Body & SoulWe like to do recreational activities on the weekend... Bike, hike, eat at a new restaurants, go to museums, run marathons, etc. We understand the consequences of not taking care of ourselves.

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OPTIONS

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SOCIAL MEDIA

TECHNOLOGY IS A MUST

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OPTIONS

INFRASTRUCTURE IS A MUST

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OPTIONS

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Austin

Denver St. PaulSan JoseSan Francisco

Charlotte

WHERE ARE WE MOVING TO?

Seattle New York City

Boston

Washington DC

Key Characteristics

Recreational Opportunities

High Density of People

Multiple Transportation Options

Walkability

Chicago

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GABY’S PERFECT CITY

I would to live

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Hispanic InfluenceBy 2040, 30% of Florida’s population will be Hispanic

Florida’s population (now the fourth most populous state in the US) is expected to continue to grow, mainly part because of migration and immigration

CHANGING POPULATIONFlorida’s future is changing

2014 2020 2030 2040

23.8m

19.5m

19.5m

26m

49% White Non-Hispanic

30% Hispanic

17% Black Non-Hispanic

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HISPANIC TRENDS & CULTURE

Parks serves as the Latino’s primary social space outside of the home. We use

neighborhood parks for social interaction and activities. They are an important component

of our culture.

Open Spaces Latinos are used to taking different modes of

transportation: bus, cabs, walking, vehicles, and even bicycles. We are already used to using alternative modes, so is a bit shocking seeing the car dependency in the States.

Mobility

Many Latinos occupy multigenerational or multifamily units. Our surrounding neighborhoods are often full of more formal and informal uses, than the built environment would suggest or zoning codes would dictate

Housing

Of Latino households do not have access to a vehicle & the majority of us support Public Transit.

14%Latinos suffered a higher pedestrian death rate than that of non-Hispanics.

62%

Immigrants take about to assimilate the travel behavior of US-born residents.

5 – 10 years

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50%

52%

55%

55%

55%

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OPTIONS

MetroPlan Orlando315 E. Robinson Street

Suite 355Orlando, FL 32801

Phone & E-Mail407-481-5672 x 312

[email protected]

Social MediaTwitter.com/HappyGaby

Instagram.com/_HappyGaby_LinkedIn.com/in/garismendiSnapChat.com/Happy-Gaby

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