Millennials, 7 Places Where do the Richest Live.
According to Zillow research and data 8.7 percent of 22 to 34-year-old-led households in Arlington earn more than $350,000 a year. That is a larger percentage versus the 55 and older age group living in the suburban area, 7.9 percent of whom made more than $350k per year.
Arlington was followed by San Francisco in the second place with high-paying tech jobs with a 7.8 percent of the city’s millennials earn more than $350,000. On the flip side, the median rent is more than $4,500. Average home value: $1,130,400 and a median rent of $4,542.
The third Place with the 5 percent of millennials making more than 350K a year belong to Huntington Beach, CA. followed by Sunnyvale, CA. and Seattle, WA. where tech boom gives the 3.9 percent of millennials possibilities to make more than 350K a year.
In the fifth place is Pasadena, CA. with 3.3 percent of millennials make more than $350.000, followed by Denver, CO. where finance and tech jobs have attracted young people to high-paid positions making 3 percent of millennials earn more than $350.000 a year.
Thanks to tech and biotech jobs, and not only, Cambridge, MA. is in the 7th place with 2.9% of millennials making more than $350K a year.