Millennials who earn $100,000 or more are flocking to these 10 states (via CNBCMakeIt)
The study showed a larger trend of Americans overall moving away from the Northeast, too, with a few exceptions, Michael Stoll, economist and professor in the Department of Public Policy at the University of California, Los Angeles, said in the report.
"The data aligns with longer-term migration patterns to southern and western states, trends driven by factors like job growth, lower costs of living, state budgetary challenges and more temperate climates," Stoll said. SmartAssest concludes the same about high-earning millennials: "Save for New Jersey, which made the top 10, the Northeast isn't a popular destination for the wealthy under 35."
In fact, of the 50 states covered in the data, five of the bottom 10, and Washington D.C., are located in the Northeast.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Unilever Acquires Skin-Care Brand Tatcha for a Reported $500 MillionThe luxury beauty company is also supposedly on track for $100 million in sales this year.
Read more »
Cindy Crawford and Greg Renker Talk Meaningful Beauty.CindyCrawford reveals the secret to success of her brand Meaningful Beauty.
Read more »
Trump: The Mexico trade deal took just two days because of my tariff threat'For years we've lost over $100 billion a year on trade with Mexico,' Trump said on SquawkCNBC, naming 'drugs' as one of the biggest 'problems with Mexico.'
Read more »
Gary Vaynerchuk: This side hustle can end debt and earn a struggling person up to $100,000 in incomeGary Vaynerchuk, serial entrepreneur turned social media mogul, may be worth $160 million but he still loves a good side hustle. He has witnesses a gig called retail arbitrage make homeless people as much as $50,000 to $100,000.
Read more »
How Casper's founders went from $100,000 in debt to building a billion-dollar mattress start-upNeil Parikh, one of five co-founders of billion-dollar online mattress start-up Casper, says they used credit cards to get the business off the ground. Then Kylie Jenner posted about Casper. 'I think it broke our website.'
Read more »
The Downlow(d): Influencers Flock To ChernobylEntertainment Tonight (ET) is the authoritative source on entertainment and celebrity news with unprecedented access to Hollywood's biggest stars, upcoming movies, and TV shows.
Read more »