The No. 1 place where millennials—those born between the early 1980s and the beginning of the new millennium—are buying homes is Utah, and specifically Utah County, the state’s second most populous county just south of Salt Lake City, and the county seen as the most attractive for prospective millennial homeowners in the U.S.
The county benefits, first, from affordable average home prices: Utah County has a median home value of around $229,600, according to Zillow, which is right around the national average as compiled by the U.S. Census.
Next, it’s also enjoying the fastest employment growth among the 342 largest U.S. counties, according to the U.S. Bureau of Labor Statistics, up by 6.7% in 2015 as the county added more jobs in the trade, transportation, and utilities sector.
While Utah is not always immediately associated with millennials, the state—with a median age of 30 years old—has the youngest population of the 50 states, according to U.S. Census Bureau estimates released last year. Millennials, many of whom living there now were born there and opted to stay to raise families, have been the largest generation in Utah since 2000, according to a study done by the Utah Foundation.
Based on that criteria, it’s not surprising that at the bottom of the CoreLogic list of counties are those in coastal states, such as California, Florida and Massachusetts, near expensive cities like San Francisco, Miami and Boston.
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