Washington
Related: About this forumSeattle is one of the top U.S. metro areas for millennials. It's also the priciest.
The top U.S. metro areas for millennials largely includes affordable cities -- with the clear exception of Seattle.
Among cities listed in a recent study by the National Association of Realtors as top for the millennial demographic were metro areas like Omaha and Madison, both of which are significantly more affordable than Seattle.
In Omaha, the median income in 2017 for the population born between 1980 and 1998 was $60,000, and that was enough for millennials to be able to afford 25% of homes currently listed. In Madison, the median income for millennials was $62,100, which was enough for them to afford 23% of homes.
In Seattle, the income is slightly higher, at $79,400. But millennials can only afford to purchase 9% of homes currently listed.
https://www.seattlepi.com/seattlenews/article/Seattle-millennials-metro-area-real-estate-study-13817869.php?utm_source=newsletter&utm_medium=email&utm_campaign=dailynewsletterspi&utm_term=spi
Aristus
(71,863 posts)At the same time, I want to say: "You know why the cost of living is so high? Because everyone wants to live here! The cost of everything is lower in places like East Cornpone, Arkassippi because nobody wants to live there."
There's a trade-off for everything in life...
mrs_p
(3,230 posts)But still sucks that we can never afford to live in our home town. We are permanently displaced from where we were raised.
(From a Seattleite living in North Dakota. Hoping to retire back on the WA peninsula in 20 or so years.)
