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Millennials

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Orlando once trended as a hotspot for millennials but a new study ranked Florida as one of the worst places for them to live. The study used four categories to create the list: millennial unemployment rate, homeownership, average student loan debt, and percentage of millennials living in poverty, according to career website Zippia. In Florida, millennials’ unemployment rates and homeownership ...

Millennials have a notoriously low homeownership rate, which despite inching upward in recent years, is far lower than the rates of previous generations at the same age. Recent evidence shows that millennials are fleeing large, more expensive cities for more affordable, smaller locales.

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