Utah is the sixth best state for millennials to live, according to a new study by WalletHub.
Millennials — which includes anyone born between 1981 to 1997 — are typically associated with negative characteristics such as entitled, parentally dependent, deludedly invincible individuals. However, millennials are also known for being tech savvy and for making up 21 percent of all consumer discretionary spending in the U.S. They make up the largest generation alive today.
WalletHub determined the best place for millennials to call home based on 24 key indicators. These metrics include data on income, unemployment rate, cost of living and more. In the sub-categories, Utah ranked:
- 17th – Percent of millennials living with parents
- 3rd – Percent of millennials
- 5th – Millennial homeownership rate
- 6th – Millennial unemployment rate
- 22nd – Percent of millennials with health-insurance coverage
- 6th – Share of millennials with poor or fair health
- 1st – Millennial volunteer rate
See all the results at wallethub.com.