2019’s Best & Worst States for Millennials

    With millennials today making up the largest generation in the U.S. workforce yet earning 20 percent less than Baby Boomers did at the same age, the personal-finance website WalletHub released its report on 2019's Best & Worst States for Millennials...

    Best States for Millennials

     

    Worst States for Millennials

    1

    Massachusetts

     

    42

    Alabama

    2

    District of Columbia

     

    43

    South Carolina

    3

    Washington

     

    44

    Kentucky

    4

    Minnesota

     

    45

    Nevada

    5

    Wisconsin

     

    46

    Arkansas

    6

    Colorado

     

    47

    Louisiana

    7

    Iowa

     

    48

    Oklahoma

    8

    Utah

     

    49

    Mississippi

    9

    Pennsylvania

     

    50

    New Mexico

    10

    California

     

    51

    West Virginia


    Best vs. Worst

    • The District of Columbia has the highest share of millennials, 34.63 percent, which is 1.7 times higher than in Maine, the lowest at 20.00 percent.
       
    • North Dakota has the lowest share of millennials living with their parents, 14.46 percent, which is 3.2 times lower than in New Jersey, the highest at 46.42 percent.
       
    • Delaware has the highest millennial homeownership rate, 50.54 percent, which is 2.6 times higher than in the District of Columbia, the lowest at 19.23 percent.
       
    • The District of Columbia has the highest average monthly earnings for millennials, $5,253, which is 2.1 times higher than in Mississippi, the lowest at $2,514.
       
    • North Dakota has the lowest millennial unemployment rate, 3.66 percent, which is 3.7 times lower than in Mississippi, the highest at 13.65 percent.

                                        

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