A new SmartAsset study reveals that millennials in large U.S. cities earn 8.8% more than the overall median household income, with Jersey City and Berkeley leading the pack. Jersey City residents aged 25-44 earn 42.4% more than the local median household income, with a median millennial household income of $143,500. Berkeley follows closely behind, with millennials earning an average of $146,987. California and Massachusetts are top-earning states for millennials due to their tech, education, and professional service industries. Location matters for earning potential, as seen in cities like Lafayette, Louisiana, where millennials earn less than the overall median household income. Choose your city wisely for financial success.
Read more at Yahoo Finance: Top Earning Cities for Millennials Include Jersey City and Berkeley, Study Says
