Top Three Reasons Millennials Should Move to Rochester!
Rochester is poised to become the Hipster Capitol of Minnesota! Most hipsters are millennials, and it turns out Minnesota is GREAT for them! Wait, not just great, but the third greatest state for millennials in the nation! That's what WalletHub says, and if you can't believe your wallet, well, I feel bad for you.
WalletHub compared the 50 states and the District of Columbia to determine where this generational has thrived and struggled. We examined each state and the District across 30 key metrics, ranging from share of millennials to millennial unemployment rate to millennial voter-turnout rate. Read on for the full ranking, commentary from a panel of experts and a full description of our methodology.
These are the top three reasons why millennials are going to be pouring in. Literally, as soon as they read this, boom! They're grabbing their record players, packing up the VW Microbuses and hitting the road (possibly dressed in ironic garb). KIDDING! That's just the hipsters, most people in the millennial age group are like anyone else that's ever been that age.
Minnesota ranks #1 in millennial homeownership rate. This demographic is supposed to be going for experiences, not a thing. But if that experience is owning a home, then Minnesota is the #1 place to be. Sure it's not the least expensive in the nation, but Minnesota and Rochester are a lot more affordable than other places.
Minnesota comes in at 28th for percent of millennnials, and that's good news, it means you'll be here before the surge. You're young, you have energy, and you'll be first in line for good jobs as the old guard retires.
In all the country, Minnesota is 6th for Millennial Unemployment Rate. So, not only is there a future for you, there's a present, too!