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WalletHub study: 2022’s best and worst states for millennials

With millennials today making up the largest generation in the U.S. workforce and being responsible for 21% of all consumer discretionary spending, the personal-finance website WalletHub released its report on 2022’s Best & Worst States for Millennials, as well as accompanying videos and expert commentary.

In order to determine the most livable places for this generation, WalletHub compared the 50 states and the District of Columbia across 34 key metrics. The data set ranges from share of millennials to average monthly earnings for millennials to millennial unemployment rate.

Living & Working as a Millennial in California (1=Best; 25=Avg.):

  • 49th – % of Millennials Living with Parents
  • 50th – Housing Cost for Millennials
  • 5th – % of Millennials
  • 5th – Average Monthly Earnings for Millennials
  • 49th – Millennial Homeownership Rate
  • 42nd – Millennial Unemployment Rate
  • 23rd – % of Insured Millennials
  • 3rd – % of Millennials with Depression

For the full report, please visit:

This article was released by WalletHub.