{"id":2241,"date":"2025-06-21T11:41:08","date_gmt":"2025-06-21T11:41:08","guid":{"rendered":"https:\/\/www.europesays.com\/us\/2241\/"},"modified":"2025-06-21T11:41:08","modified_gmt":"2025-06-21T11:41:08","slug":"these-are-the-top-10-u-s-markets-for-people-under-35","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/2241\/","title":{"rendered":"These are the Top 10 U.S. Markets for People Under 35"},"content":{"rendered":"

To determine the top U.S. markets for people under 35, Evernest conducted a study<\/a> that took into account the homeownership<\/a> rate for people under 35, the average young adult income in each state, house prices, and the number of houses that had a mortgage. The study findings rank each state by the final score, which gives priority to young people\u2019s homeownership.<\/p>\n

Read More: The Cheapest Place To Buy a Home in Every State<\/a><\/strong><\/p>\n

Find Out: How Far $750K Plus Social Security Goes in Retirement in Every US Region<\/a>\u00a0<\/strong><\/p>\n

One interesting trend is that six of the top 10 states are non-coastal states. Commenting on the study, Evernest\u2019s VP of Marketing, Spencer Sutton, said that this trend towards inland states as hubs for millennial and Gen Z homeownership \u201csignals a significant demographic shift. With over half of Minnesotans under 35 achieving homeownership \u2014 nearly double the rate in high-cost coastal markets \u2014 we\u2019re witnessing young Americans prioritize financial stability and space over traditional urban amenities.\u201d<\/p>\n

Here are the top 10 U.S. markets for people under the age of 35. <\/a><\/p>\n

Minnesota<\/p>\n

Minnesota tops the list and is one of three Midwest states that made the list. The homeownership rate of people under 35 in Minnesota is 50.8%. This rate of homeownership can be attributed, in part, to the high salaries in the state \u2014 $94,8000 on average for young adults aged 25 to 44.<\/p>\n

Discover Next: How Much You Need To Earn To Be Upper Middle Class in Every State<\/a><\/strong><\/p>\n

Michigan<\/p>\n

Minnesota is followed by another Midwest state \u2014 Michigan. Here, the homeownership rate among millennials and Gen Z is 49.3%, just under half. A relatively high average salary<\/a> of $75,900 per year contributes to the state\u2019s ranking, but the relatively low average home price of $236,600 is likely also a contributing factor.<\/p>\n

Alabama<\/p>\n

The first coastal state and the first of six southern states on the list, Alabama, has a homeownership rate of 49.1% among people under 35, though only a small portion of the state has access to the coast. The average house sale price is just over $222,500.<\/p>\n

Indiana<\/p>\n

The third Midwest state on the list, Indiana\u2019s a homeownership rate among people under 35 is 47%. Indiana\u2019s average young adult income is $76,700, comparable to Michigan.<\/p>\n

Utah<\/p>\n

Utah has the highest average house sale price in the top 10 at nearly $509,000, but it also has the highest average young adult income at $95,200. These high incomes allow for a homeownership rate of 46.1% among people under 35. Utah is the only state in the Mountain region to make the top 10.<\/p>\n

West Virginia<\/p>\n

With an average sale price of $158,200, the state sees West Virginians under 35 owning homes at a rate of 49.9%. Salaries among young people are $64,700, just above the salary in Mississippi.<\/p>\n

Delaware<\/p>\n

Salaries that reach $90,100 contribute to the homeownership rate of 46.5% in Delaware, another coastal state that made the list. Average home prices fall at $375,000, which is towards the higher end in the top 10 states.<\/p>\n

South Carolina<\/p>\n

South Carolina\u2019s homeownership rate for people under 35 is 48%. Average young adult income is just over $72,000, and the average house sale price is $292,000.<\/p>\n

Mississippi<\/p>\n

Mississippi\u2019s average house sale price is nearly as low as West Virginia\u2019s, falling at $174,000. Average young adult incomes are the lowest among the top 10 states on the list at $158,000, but that still allows 49.2% of people under 35 to own their own home.<\/p>\n

Kentucky<\/p>\n

Rounding out the top 10 U.S. markets for homeownership among people under 35 is Kentucky. The state\u2019s relatively low average home sale price of $201,000 is a contributing factor, along with a mid-range salary of $69,000.<\/p>\n

More From GOBankingRates<\/strong><\/p>\n

This article originally appeared on GOBankingRates.com<\/a>: These are the Top 10 U.S. Markets for People Under 35<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"To determine the top U.S. markets for people under 35, Evernest conducted a study that took into account…\n","protected":false},"author":3,"featured_media":2242,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[64,3088,3084,135,3087,67,132,68,3086,3085],"class_list":{"0":"post-2241","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-coastal-state","10":"tag-homeownership-rate","11":"tag-markets","12":"tag-midwest-states","13":"tag-united-states","14":"tag-unitedstates","15":"tag-us","16":"tag-young-adult","17":"tag-young-americans"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114721173354649613","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/2241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=2241"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/2241\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/2242"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=2241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=2241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=2241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}