Top States Where Rich Millennials Are Moving

Times have changed and millennials are moving more today in the past 60 years. It is even more so after COVID-19 as employees are allowing them to work from home. Who says that home can't be in paradise in Florida? Buyers no longer have to wait until retirement to live in paradise. Prior to COVID-19, the number of younger adults who lived in their homes for fewer than two years rose from 33.8% in the 1960s to 45% in 2017.

SmartAsset's second annual study about where rich millennials, defined as those individuals between 25-34 years old who have an adjusted gross income of $100,000 and above, are moving into and Florida was #4. We are seeing a substantial increase in interest in Florida as it is so easy to travel to the northeast when needed for in-person meetings.

Florida is one of the nine states with no state income tax, therefore, attracting high-earning millennials to move into as well as our year-round amazing weather. Are you wondering what is for sale?

See for yourself.