According to a new study by WalletHub which used 30 metrics, the top 5 best states for Millennials are:
- Washington, DC (highest percentage of Millennials already living there)
- North Dakota (lowest unemployment rate)
- Minnesota (highest Millennial homeownership rate)
- Massachusetts (highest percentage of Millennials with health insurance coverage)
- Iowa (lowest housing cost for Millennials)
Below is a map with the rankings for each of the 50 states:
If you are one of those Millennials aging into the time in your life when responsibilities start to dictate your behavior, you may be thinking about buying a home. If you are in Minnesota, you are already living in the state with the highest Millennial homeownership rate.
If owning a home is next on your list, let’s get together to answer any questions you may have and help you buy a home!
RE/MAX Results HomesMSP Team – info@homesmsp.com