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Forget New York - millennials are better off in these 30 US cities, where they're paid well and can afford to buy a home
Forget New York - millennials are better off in these 30 US cities, where they're paid well and can afford to buy a home
Myelle LansatOct 3, 2018, 18:22 IST
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As millennials age and prepare to become homeowners, they tend to settle down in suburbs outside big cities.
Realtor.com recently complied a list of the hottest zip codes in 2018 - places where residents, especially millennials, are paid well and housing is affordable.
Kentwood, Michigan, took the top spot, followed by Colorado Springs, Colorado.
As millennials age and prepare to become homeowners, they tend to settle down in suburbs outside big cities.
Realtor.com recently complied a list of the hottest zip codes in 2018 - places where residents, especially millennials, are paid well and housing is affordable.
Realtor.com analyzes and ranks 32,000 zip codes annually for its list of hottest zip codes. In 2018, the list shows high-earning millennials are driving a 10% real-estate turnover in emerging suburbs. The top spot goes to Kentwood, Michigan.
To determine the best markets, Realtor.com looks at homes that sell in an average of 20 days and have four times more views online than the average Realtor.com listing. Additionally, residents in these places are employed at higher rates and earning more money than the national median, and millennials in particular own a sizable share of the homes.
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Take a look at the 30 hottest zip codes for millennials.