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- Young millennials can make adulthood easier by living in an affordable place that offers room for job growth and fun activities.
- MoneyRates.com recently ranked the best states for young millennials to live by weighing a variety of factors, from nightlife to median rent.
- Midwestern states like North Dakota and Nebraska dominated the rankings.
- Visit Business Insider’s homepage for more stories.
It can be daunting for a young 20-something to transition into adulthood, but living in the right location can ease the process.
MoneyRates.com recently ranked the best states for young millennials to live in, including Washington, DC. It grouped eight sets of data from the Bureau of Labor Statistics and Census Bureau into three major categories — job market, affordability and access, and lifestyle, awarding each state an average ranking in each category.
Turns out, Midwestern states like North Dakota and Iowa have the most factors that appeal to millennials. Nebraska, for example, has a higher proportion of young adults than places like New York and California, according to the report.
Below, see the ranking of best places to live for young 20-somethings. We included the unemployment rate for those ages 20 to 24, the median rent, and the number of bars, pubs, and nightclubs per capita.
25. Florida — Tampa, Miami, and Jacksonville, have become hubs for millennials.
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Unemployment rate: 6.8%
Median rent: $1,128
Number of bars, pubs, and nightclubs per capita: 1,795
Source: 10 News, Curbed, Jacksonville.com
24. Texas — Dallas-Fort Worth, Austin, and Houston appeal to young adults looking to work for small businesses.
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Unemployment rate: 6.7%
Median rent: $987
Number of bars, pubs, and nightclubs per capita: 2,681
Source: Chron
23. Indiana — Indianapolis thrives on a growing tech scene and investments in public infrastructure.
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Unemployment rate: 7%
Median rent: $793
Number of bars, pubs, and nightclubs per capita: 971
Source: Curbed
See the rest of the story at Business Insider
See Also:
- How teen friendships shape your mental health as a young adult
- Millennials are following in baby boomers’ footsteps and heading for the suburbs — but there’s a key difference in how they’re doing it
- Meet the average American millennial, who has an $8,000 net worth, is delaying life milestones because of student loan debt, and still relies on their parents for money
SEE ALSO: The top 18 states rich millennials are moving to
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Source: Business Insider – hhoffower@businessinsider.com (Hillary Hoffower)